USA > Massachusetts > Essex County > Ipswich > Town annual report of Ipswich 1940 > Part 7
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Band
50.00
Carpentry
275.63
Police
25.00
172
IPSWICH TOWN REPORT
Life Guards
30.00
Teaming
32.50
Printing
6.50
Gas & Oil
1.43
Telegram
.92
From Crane Fund
1,648.32
Memorial Building
Janitor
1,300.00
Fuel
375.05
Repairs
183.97
Insurance
50.54
Lights
31.77
Gas
30.27
Equipment
9.67
Water
9.45
Supplies
8.04
1,998.76
Appropriation
2,000.00
Expended
1,998.76
Unexpended Balance
1.24
Memorial Day
Band
125.00
Flowers
108.25
Flags
46.75
Labor
15.00
Paint
4.15
299.15
173
IPSWICH TOWN REPORT
Unexpended Balance 1
.85
Appropriation
300.00
Goditt Drainage
Plans & Survey 36.25
36.25
Unexpended Balance
257.75
. Appropriation
294.00
Horsman Indemnity
Byard W. Horsman 61.00
Appropriation
61.00
Bounty on Seals
Bounties
Fees
100.00 9.00
109.00
Unexpended Balance
41.00
Appropriation
150.00
Town Clock
Care & Maintenance 75.00
Appropriation 75.00
174
IPSWICH TOWN REPORT
Reserve Fund Transfers
Highway
739.25
Accountant's Convention Expense
125.00
Selectmen
10.00
Town Clerk
40.00
Ipswich Beach Title Examination
500.00
Eugene Cook Claim
300.00
Goditt Drainage
294.00
Soldiers Burials
152.00
Soldiers Relief
45.00
Police
210.00
Fire
100.00
Town Hall
110.00
State Aid
60.00
Grave Digging
175.00
Horsman Indemnity
61.00
Committee on Town Government
5.54
Tree Warden
150.00
3,076.79
Unused Balance
423.21
Appropriation
3,500.00
Labor-in-Vain Water Extension
Labor
74.17
Trucks
36.25
110.42
Transferred by Town Meeting
100.90
Balance January 1, 1940 211.32
-
175
IPSWICH TOWN REPORT
Cemetery
Superintendent
900.00
Labor
1,310.50
Equipment
25.15
Tools & Supplies
88.14
Insurance
155.38
Truck Maintenance
117.74
Sharpening Tools
77.30
Postage
12.86
Telephone
28.26
Plants & Fertilizer
45.45
Water
32.00
Ter !
Sand
4.50
2,797.28
Unexpended Balance
2.72
Appropriation
2,800.00
Grave Digging
Labor
882.00
Rock Excavation
16.00
Equipment
15.09
Tools & Supplies
8.96
Gas & Oil
3.20
Sharpening Tools
9.75
Postage
1.00
Printing
23.00
Storage of Truck
15.00
974.00
Unexpended Balance
1.00
975.00
176
IPSWICH TOWN REPORT
Appropriation Transfer, Reserve Fund
800.00
175.00
975.00
Cemetery Trust Funds
Care of Lots & Graves:
Howard Blake
550.07
Benjamin W. Homans
298.00
Carl Woodbury
148.75
Arnold Richards
121.20
Chester Stone
102.26
Michael Ryan
34.50
Frank Comeau
8.04
Roland L. Wile
20.00
Frank Scahill
20.00
Clarence Comeau
12.00
William D. Warner
3.50
F. Lincoln Howe
9.25
Walter H. Hulbert
18.00
Howard C. Downing
8.00
J. A. Singer & Son
32.40
George E. Hills
6.25
S. C. Gordon & Son
4.00
Carrie Brown
3.00
1,399.92
From Cemetery Trust Funds
1,399.92
Interest
Temporary Loans :
Anticipation of Revenue 173.38
177
IPSWICH TOWN REPORT
General Loans:
New High School Equipment
30.63
Burley School
255.00
Shatswell School
1,020.00
New High School
1,920.00
Memorial Building
200.00
1935 Emergency
75.00
1939 Emergency
371.25
Other Loans:
Tax Title
299.20
4,344.46
Transferred To Welfare
225.00
Unexpended Balance
47.42
Appropriation
4,616.88
Maturing Debt
General Loans:
New High School Equipment
700.00
Burley School
2,000.00
Shatswell School
4,000.00
New High School
6,000.00
Memorial Building
2,000.00
1935 Emergency
5,000.00
1939 Emergency
3,850.00
Appropriation 23,550.00
RECAPITULATION OF DEPARTMENT EXPENSES WITH CASH
Balance Jan. 1, '40
Appropriation and Loans
Cash Receipts
Moderator
100.00
Selectmen
2,669.00
Auditing and Accounting
1,900.00
Treasurer and Collector
5,815.98
Assessors
2,340.00
Law
600.00
Town Clerk
1,730.00
Election and Registration
2,395.75
Town Hall
3,410.72
Town Hall Repairs
500.00
Police
13,330.00
V. H. Grant Pension
728.00
Fire
12,750.00
.10.95
Moth
4,864.00
Tree Warden
800.00
Weights and Measures
528.00
Forest Warden
300.00
Clam Commissioner
1,500.00
Mosquito Control
850.00
Health
6,580.00
Cable Hospital
2,500.00
Essex Sanatorium
3,050.65
Highway
23,000.00
Chapter 90, Topsfield Road 1937
11.84
Chapter 90, Mill Road 1937
288.62
Chapter 90, Mill Road 1938
166.67
Traffic Signs and Rules
78.95
Chapter 500, Acts of 1938
465.34
Topsfield Road and Central Street
64.08 -
Chapter 90 Maintenance
1,290.00
2,585.90
Snow Removal
11,000.00
Street Lighting
5,600.00
Public Welfare
30,690.00
30.00
Old Age Assistance
21,800.00
Aid To Dependent Children
5,000.00
Town Infirmary
4,500.00
U. S. Grants:
O. A. A., Administration
596.60
O. A. A. Assistance
42.16
17,857.78
A. D .. C .. Administration A. D. C. Aid
.22
103.72
172.00
2,583.16
State Aid
300.00
Accountant's Convention Expense
DISBURSEMENTS FOR YEAR ENDING DECEMBER 31, 1940
Credit Transfer
Cash Payments
Debit Transfer
Transferred To Revenue
Balance Dec. 31, '40
100.00
10.00
2,678.02
.98
1,899.70
.30
125.00
125.00
5,813.18
2,335.33
4.67
593.75
6.25
40.00
1,746.46
23.54
2,106.82
250.00
38.93
110.00
3,516.49
4.23
500.00
210.00
13,539.40
100.00
12,798.21
62.74
150.00
934.41
15.59
527.23
.77
240.18
59.82
1,417.71
82.29
850.00
5,847.42
732.58
2,500.00
3,050.65
739.25
23,737.32
1.93
11.84
72.00
216.62
18.25
60.70
465.34
.66
3,875.90
10,876.21
123.79
5,600.00
29,981.35
738.65
21,427.33
372.67
3,927.00
1,000.00
73.00
3,244.38
1,207.70
47.92
530.26
66.34
17,899.94
62.79
41.15
2,457.50
297.66
60.00
360.00
166.67
63.42
728.00
4,834.35
29.65
RECAPITULATION OF DEPARTMENT EXPENSES WITH CASH
Balance Jan. 1, '40
Appropriation and Loans
Cash Receipts
Military Aid
1,260.00
Soldiers Relief
5,000.00
Soldiers Graves
175.00
Soldiers Burials
Education
102,500.00
2,200.00
Scholarships
150.00
Library
2,000.00
12.58
Parks
666.00
Playground
900.00
5.80
1939 Unpaid Bills
162.61
Committee on Town Government
Eugene Cook Claim
Green Street Dam
W. P. A. 1939
W. P. A. 1940
35,000.00
Industrial Survey
250.00
250.00
Dredging Ipswich River
500.00
Crane Fund, Picnic
1,648.32
Memorial Building
2,000.00
Memorial Day
300.00
Goditt Drainage
Horsman Indemnity
Bounty on Seals
150.00
Town Clock
75.00
Reserve Fund
3,500.00
Electric Light Operations
18,918.55
103,250.47
Electric Light Depreciation
31,079.27
Water Department
3,583.89
24,457.70
Labor-in-Vain Water Extension
211.32
Cemetery
2,800.00
Grave Digging
800.00
Cemetery, Care of Graves
1,399.22
Interest
4,616.88
Maturing Debt
23.550.00
State Tax
17,760.00
State Parks and Reservations
37.42
264.62
Auditing Tax
15.43
Veterans Exemptions
15.25
County Tax
10,537.82
57,901.82
387,220.71
157,142.20
Savory Fund
100.00 2,681.49
Kimball Fund, Income
DISBURSEMENTS FOR YEAR ENDING DECEMBER 31, 1940
Credit Transfer
Cash Payments
Debit Transfer
Transferred To Revenue
Balance Dec. 31, '40
1,050.00
200.00
10.00
45.00
4,045.00
1,000.00
152.00
152.00
104,673.04
26.96
150.00
2,000.00
12.58
645.79
20.21
898.29
1.71
5.80
162.61
300.00
300.00
5.54
5.54
100.00
2,681.49
30,210.39
500.00
4,289.61
283.60
216.40
500.00
1,648.32
1.24
299.15
294.00
36.25
257.75
61.00
61.00
41.00
75.00
3,076.79
423.21
80,769.98
23,461.43
17,937.61
12,461.43
22,363.87
5,677.72
110.42
100.90
2.72
175.00
974.00
1.00
1,399.22
225.00
47.42
23,550.00
17,760.00
245.32
37.42
15.43
15.25
10,537.82
15,038.22
509,827.71
31,790.89
3,000.02
72,684.30
1,998.76
.85
109.00
43.540.70
2.797.28
4,344.46
19.30
175.00
TOWN OF IPSWICH-BALANCE SHEET, DECEMBER 31, 1940 GENERAL ACCOUNTS
-
ASSETS
LIABILITIES AND RESERVES
Cash :
In Banks and Office
$ 82,468.89
Accounts Receivable : Taxes :
Levy of. 1934
124.25
Levy of 1935
80.47
Levy of 1936
117.90
Levy of 1937
403.53
Tax Title Redemptions-Reserved For Payment of Debt
3,066.33
Tailings
182.05
Sale of Town Property Fund
25.00
Highway Machinery Fund
145.83
Sale of Cemetery Lots Fund
672.50
Motor Vehicle Excise Taxes :
Levy of 1932 90.16
Levy of 1933 210.71
Levy of 1934
330.72
Levy of 1935 294.45
Levy of 1936
569.44
Levy of 1937
714.97
Levy of 1938
521.66
Levy of 1939
532.32
Levy of 1940
1,296.20
4,560.63
Special Assessments :
Moth Added To Taxes 1934 35.10
Moth Added To Taxes 1936 8.05
Moth Added to Taxes 1937 23.49
Moth Added To Taxes 1938 22.35
Moth Added To Taxes 1939 345.45
Temporary Loans : In Anticipation of Revenue Electric Light Deposit Fund: Deposits 2,681.49
$ 100,000.00
Interest Accrued 1,707.66
4,389.15
Levy of 1938
10,744.40
Levy of 1939
35,547.42
Levy of 1940
78,030.60
.
125,048.57
United States Grants :
Old Age Assistance, Adm. 66.34
Aid to Dependent Children, Adm. 41.15
Aid To Dependent Children,
Aid 297.66
405.15
Overestimates : State Parks and Reservations Tax 19.30
Taxes Paid In Advance 1941 Poll 2.00
Unexpended Appropriation Balances : Chapter 90, Topsfield Road 1937 11.84
Chapter 90, Mill Road 1937 216.62 Chapter 90, Mill Road 1938 166.77 Traffic Signs and Rules 60.70
Moth Added To Taxes 1940 340.70 1
Topsfield Road and Central Street .66 1
Walters Snow Fighter 14,382.00
Green Street Dam 100.00
W. P. A. 1940 4,289.61
Skating Rink 400.00
Goditt Drainage 257.75
Ipswich Beach Title Examination 500.00
20,385.95
Electric Light:
Highway
177.39
Operations 17,937.61
Sidewalks
72.00
Depreciation 43,540.70
Welfare
6,783.11
A. D. C. Aid
2,212.65
State Aid
360.00
Military Aid
1,050.00
Cemetery
812.00
Water Available Surplus Reserve Fund-Overlay Surplus Overlay-Reserved For Abatements:
Levy of 1936 117.90
Levy of 1937 403.53
Levy of 1938
3,564.80
Levy of 1939 4,679.92
Levy of 1940
1,858.12
Liens 983.53
Liens Added To Taxes 1937 260.09
10,624.27
Revenue-Reserved Until Collected : Motor Vehicle Excise 4,560.63
Special Assessment 775.14
Tax Title
42,465.14
Departmental
17,427.50
Overlay 1935
12.00
Revenue 1940
4,719.49
Loans Authorized
4,731.49 12,000.00
$330,879.38
61,478.31 5,677.02 757.85
17,427.50 22,116.02
Electric Light
Water:
Rates 14,626.69
Liens Added To Taxes 1938 559.73
Liens Added To Taxes 1939 823.40
Liens Added To Tax Titles 2,032.56
19,286.00
Deficits :
Electric Light 22,116.02
Water 19,286.00
Surplus Revenue
106,630.43 16,418.24
$330,879.38
775.14 42,465.14
Tax Titles Departmental :
Town Hall Rentals
20.00
Town Property
1,669.50
Telephone
97.12
Ambulance
668.00
Moth
1,437.90
Health
2,067.83
DEBT ACCOUNTS
Net Funded or Fixed Debt
$ 207,400.00
Shatswell School Loan
$ 20,000.00
Burley School Loan
4,000.00
.
New High School Loan
90,000.00
New High School Equipment Loan
1,400.00
1939 Tax Title Loan
22,000.00
1940 Tax Title Loan
7,000.00
1939 Municipal Relief Loan
11,000.00
Memorial Building Loan
2,000.00
Electric Light Loans
23,000.00
Water Loans
27,000.00
$ 207,400.00
$ 207,400.00
====
TRUST FUNDS
Trust Funds, Cash & Securities
$ 92,565.37
Martha I. Savory Fund
$ 320,62
Eunice Caldwell Cowles Fund
10,164.17
Richard T. Crane, Jr., Picnic Fund 29,460.06 John C. Kimball Fund 500.00
Mrs. William G. Brown Animal Fund
2,057.65
Marianna T. Jones Fund 745.16
Dow Memorial Boulder Fund 124.04
Cemetery Perpetual Care Funds
49,193.67
$ 92,565.37
$92,565.37
====
=
=
185
IPSWICH TOWN REPORT
TOWN PROPERTY, 1940
1
Land
Building
Burley School
1,500.00
75,000.00
Winthrop School
1,000.00
50,000.00
Shatswell School
1,000.00
65,000.00
Payne School
1,500.00
4,000.00
Manning School
4,000.00
40,000.00
New High School
10,000.00
265,000.00
Town Hall
2,500.00
50,000.00
Fire Station
3,500.00
40,000.00
Memorial Building
2,000.00
58,000.00
Highway Department
750.00
5,000.00
Infirmary
6,000.00
4,000.00
Wharf
3,350.00
1,000.00
Great Neck, Lots
8,300.00
Turkey Shore Road, River Banks
1,000.00
Public Grounds
32,500.00
Common Fields
75.00
Linebrook Road, Lot
125.00
In addition to the property enumerated above there is the shore, beach and other valuable property given to the Town by the Commoners, the value of which is not estimated. The value of the Water and Electric Light Departments will be found in the reports of those departments.
TOWN OF IPSWICH
FORTY - SEVENTH
ANNUAL REPORT OF THE
WATER AND MUNICIPAL LIGHTING COMMISSIONERS
634
THE BIRTHPLACE OF AMERICAN INDEPENDENCE 1637
FOR THE YEAR 1940
Chronicle Publishing Co., Printers Ipswich, Mass.
Officers of the Water and Light Department
TREASURER AND COLLECTOR
JAMES D. REILLY
Town Hall Building
DEPARTMENT OFFICERS
Manager of Light & Water Dept. Charles A. Mallard
Chief Operator Power Plant
Earl D. Hardy
Line Supt. Light Dept. Gordon Player
Construction Supt., Water Dept.
Stephen Woodman
Office Hours of Light and Water Dept .: 9:00 A. M. to 5:00 P. M., except Saturdays; Saturday, 9:00 A. M. to 12:00 All bills payable to Town Treasurer
COMMISSIONERS J. E. COLE, JR., Chairman WALTER J. BROWN, Clerk CHARLES A. MALLARD
4
WATER DEPARTMENT
CAUTION TO WATER TAKERS
Do not blame your meter --
If you have a leaky fixture, have it repaired. If not
Gallons
Cost
Per Day
Per Day
1-2 in. stream consumes
10,800
$3.40
1-4 in. stream consumes
8,640
2.60
1-8 in. stream consumes
3,240
1.10
1-16 in. stream consumes
1,080
.30
1-32 in. stream consumes
360
.11
3/4"
1/2
1/4
1/8
V32
The above will show you what a small leak will amount to if allowed to remain unchecked, under our pressure of 70 pounds at Ipswich, Mass.
5
WATER DEPARTMENT
FORTY-SEVENTH ANNUAL REPORT OF THE WATER AND ELECTRIC LIGHT COMMISSIONERS FOR THE YEAR 1940
To the Citizens of Ipswich:
We respectfully submit the annual report for the year 1940 as follows:
WATER DEPARTMENT CONSTRUCTION
Service Pipe
Paid out for material and labor $ 2,240.22
Pipe Lines
Paid out for materials and labor 2,518.73
MAINTENANCE
Repairs Services
Paid out for materials and labor 3,868.08
Repairs Pipe Lines
Paid out for materials and labor 581.85
6
WATER DEPARTMENT
Buildings and Grounds
Paid out for materials and labor 2,419.93
Administration and Transportation
Paid out for materials and labor 3,618.76
Water Pumping
Paid out for electricity
2,658.80
Note Payments 1
Notes paid by Treasurer
3,500.00
Interest Payment
Interest paid on notes
957.50
$ 22,363.87
7
WATER DEPARTMENT
WATER DEPARTMENT .
James D. Reilly, Treasurer 1940
Dr.
Cr.
To amounts received :
Meters
$ 21,008.53
By paid: Orders
$ 17,906.37
Little Neck
1,829.00
Notes 3,500.00
Miscellaneous
699.51
Interest 957.50
Refund
59.40
23,596.44
22,363.87
Water liens added
to Taxes 1937 80.17
Water liens added to Taxes 1938 466.02
Water liens added
to Taxes 1939 47.99
Water liens added
to Tax Title 232.71
Water liens 1940
34.37
24,457.70
Cash Bal. Jan. 1
1940
3,583.89
Cash Bal. Dec. 31 1940 5,677.72
$ 28,041.59
$ 28,041.59
8
WATER DEPARTMENT
The Treasurer has the following bills for collection :
Meters
$ 6,249.34 612.36
Miscellaneous
Construction
48.12
Little Neck
1,737.97
Water liens added to Taxes 1937 - 262.09
Water liens added to Taxes 1938
559.73
Water Liens added to Taxes 1939
823.40
Water liens added to Tax Title 2,032.56
Water liens 1940
959.03
13,284.60
Commitment December 31, 1940
6,099.72
$ 19,384.32
WATER DEPARTMENT
9
BALANCE SHEET AS OF DECEMBER 31. 1940
EXHIBIT A
Assets :
Plant Investment
Engineering
$ 7,314.71
Land Damages
8,044.12
Pumping Station
15,075.24
Pumps and Machinery
6,607.02
Storage Basin
27,693.59
Distribution Reservoir
17,827.56
Bull Brook Reservoir
50,476.43
Pipe Lines
197,896.00
Service Pipes
56,521.27
Store House
178.70
Department building
2,367.97
Miscellaneous
2,834.20
Transportation equipment
and Air Compressor
2,466.56
395,303.37
Less reserve for depreciation
153,465.15
Total Plant Investment
$241,838.22
Cash $ 5,677.72
Accounts receivable 19,325.40
Inventory (Estimate) 4,000.00
Total current assets 29,003.12
Total assets
$270,841.34
10
WATER DEPARTMENT
Liabilities and Surplus :
Appropriations from Tax levy for
note payments and construction $24,083.03
Notes Payable 27,000.00
Total Liabilities $51,083.03
Ipswich Water Dept. property account
205,755.19
Surplus Exhibit C 14,003.12
Total Liabilities and Surplus $270,841.34
11
WATER DEPARTMENT
EXHIBIT B
Statement of Income and Expenses for Year Ending December 31, 1940
Income:
Meter rates
$ 23,264.23
Fixture rates
1,728.00
Miscellaneous
753.21
Total Income
$ 25,745.44
Expenses :
Repairs services
3,868.08
Repairs pipe lines
581.85
Administration & transportation
3,618.76
Maintenance station & grounds
2,419.93
Electricity for pumps
2,658.80
Interest paid
957.50
Total expenses 14,104.92
Net profit for the year to Exhibit C $ 11,640.52
12
WATER DEPARTMENT
EXHIBIT C
Statement of Operating Surplus for the Year Ending December 31, 1940
Balance December 30, 1939 $ 10,621.55
Add Net Profit for year 1940 from Exhibit B 11,640.52
22,262.07
Deductions :
Notes paid $ 3,500.00
Construction paid from operating cash 4,758.95
Total deductions 8,258.95
Balance to surplus Exhibit A
$ 14,003.12
WATER DEPARTMENT LOANS
Sold to
Amount
Rate
Date of Issue
Matures
Old Colony Trust Co.
14,000.00
4%
May 15, 1927
1941-47
1st & Ocean Nat. Bank of Newburyport
13,000.00
21/2 %
April 15, 1938
1941-53
$ 27,000.00
14
WATER DEPARTMENT
SUPERINTENDENT'S REPORT
Following is the report for the year ending December 31, 1940:
Main Pipes
The number of feet of mains laid to date and sizes are as follows:
14 inch
1,505
12
10,963
10
8,830
8
59,349
6
112,838
4
4,741
3
10,080
2
14,850
1
2,696
225,852 feet
A total of 42 miles 4092 feet
Street Gates
Total now set
247
Hydrants
On Town property
229
On private property
13
Total in use 242
15
WATER DEPARTMENT
Service Pipes
There has been added 46 services during the year, making a total of 1802. There were 40 of the old services renewed.
Services in regular use
1500
Summer services
302
Total
1802
Service pipes on Town property
32,580 feet
Service pipes on private property 42,928 feet
Total
75,608 feet
These services are either cast iron, lead, galv. iron or copper and in sizes from 34" to 6 inch.
Extension of Water Mains During Year
Linebrook Road
Topsfield Road
Damon Avenue
Vermette Court
9056 feet 8 inch cast iron 3379 feet 6 inch cast iron 584 feet 6 inch cast iron 592 feet 6 inch cast iron
Riley Avenue 480 feet 6 inch cast iron Prescott Road 277 feet 6 inch cast iron Putnam Road 544 feet 6 inch cast iron Wayne Avenue 288 feet 6 inch cast iron 592 feet 6 inch cast iron
Fellows Road
Pumping Record for Year 1940
Number hours pumps operated 2335 hours
Total number of gallons pumped
120,038,300 gals. 356,270 gals.
Average amount of water used daily Largest number of gallons pumped in any month was August
15,658,400 gals.
ELECTRIC LIGHT DEPARTMENT STATISTICS
Summary of the K. W. H. output for the year 1940 and comparison with previous years
Kilowatts sold:
1935
1936
1937
1938
1939
1940
Number of domestic consumers
1,764
7,797
1,832
2,127
1,916
1,986
Number of commercial
224
227
223
162
234
285
2,082
2,113
2,131
2,345
2,201
2,271
Town of Rowley
232,400
351,000
377,700
410,800
417,400
Town Buildings
39,304
47,748
64,361
72,005
154,126
14,082
Water Dept. pumping
110,500
118,430
122,260
120,560
124,240
133,880
Street lighting
226,350
229,300
225,520
238,760
244,390
280,920
Station light and power
169,928
168,195
170,787
163,087
171,504
181,252
Commercial light
188,236
214,022
258,955
316,870
377,767
Commercial power
608,836
905,026
904,924
674,870
571,197
1,047,330
Domestic lighting
748,780
829,546
936,851
1,074,340
1,193,717
1,301,825
2,091,934
2,744,667
3,034,658
3.038,192
3,247,741
3,436,689
Kilowatts unaccounted for
311,244
369,918
425,073
503,935
376,658
542,299
Kilowatt hours generated
2,403,178
3,144,585
3,459,731
3,542,127
3,624,399
3,978,988
ELECTRIC LIGHT DEPARTMENT Balance Sheet as of December 31, 1940 EXHIBIT A
Assets
Liabilities and Surplus
Notes Payable
$ 23,000.00
Fixed Assets : Plant Investment General Equipment
$ 326,559.36
Special Deposits
4,389.25
Current Assets :
Cash
17,937.61
Special Deposits
4,389.25
Accounts receivable
22,175.49
Material and Supplies
7,364.65
Depreciation
43,540.70
95,407.70
$424,763.64
$424,763.64
Plant Investment Account as of December 31, 1940
Land
$ 684.00
Structures
56,906.26
Internal Combustion engines
118,575.08
Electric Auxiliaries
18,286.73
Transformer station & regulators
12,694.80
Poles, fixtures and overhead conductors
56,721.23
Underground conductors
8,613.83
Consumers meters and installation
19,247.69
Line transformers and installation
25,637.85
Street lighting equipment
9,191.89
Interest Accrued 70.73
Loans Repayment
214,000.00
Construction appropriation repaid
1,511.06
Profit and Loss Balance
181,792.60
2.796.58
326.559.36
STATEMENT OF INCOME AND EXPENSES
Year Ending December 31, 1940 EXHIBIT B
Operating Income:
Metered sales to Private consumers
$ 82,356.83
Municipal revenues
19,421.83
101,778.66
Operating Expenses :
Station labor
$ 11,822.00
Engine fuel
16,035.76
Lubricants
1,006.96
Misc. station supplies & expenses
596.79
Maintenance of station structures
727.53
Maintenance of engines
575.40
Maintenance of electrical equipment 17.13
Maintenance of Auxiliaries 272.44
Maintenance of outside lines & meters
12,727.82
Maintenance of street light system
2,592.37
Commercial salaries
1,500.00
New business expense
1,012.61
Salaries of Manager & commission
1,550.00
General office supplies & expenses
1,307.31
Insurance
604.42
Transportation expense
1,318.27
Depreciation
12,461.43
66,128.24
Gross income for the year
35,650.42
Interest paid on notes
621.99
Net income transferred to profit & loss
$35,028.43
ELECTRIC LIGHT DEPARTMENT
EXHIBIT C
PROFIT AND LOSS STATEMENT
1
Dr. Notes paid Paid to Town Treasurer in lieu of Taxes 11,000.00
$ 10,500.00
Cr. Credit balance Jan. 1, 1940 $168,264.17 Credit for ver year 1940 as Profit (Exhibit B) 35,028.43
Balance from Exhibit A as Profit in the Liability and and Surplus account 181,792.60
$203,292.60
$203,292.60
21
ELECTRIC LIGHT DEPARTMENT
ELECTRIC LIGHT STATEMENT
James D. Reilly, Treasurer 1940
Dr.
Cr.
By paid :
Orders $ 69,053.00
Notes 10,500.00
Interest 717.50
Refunds
499.48
Town Buildings
1,792.72
Power 9,055.81
Water Pumping
2,658.80
Miscellaneous
1,927.25
Town of Rowley
9,149.25
$ 97,650.47
Street Lighting Appropriation 5,600.00
103,250.47
Balance January 1,
1940
18,918.55
Balance Dec. 31, 1940 17,937.61
$ 122,169.02
$
122,169.02
:
To amounts received :
Domestic Light $ 46,282.92
Domestic Light- Little Neck
2,457.13
Commercial Light
24,326.59
80,769.98
Transferred to De- preciation Fund 12,461.43
Transferred to Maturing Debt by vote of Town 11,000.00
22
ELECTRIC LIGHT DEPARTMENT
The Treasurer has the following bills for collection:
Domestic Light $ 10,581.03
Town Buildings 140.30
Commercial Light
2,274.10
Miscellaneous
338.98
Little Neck
264.63
$
13,599.04
Commitment December 31, 1940
9,232.67
$ 22,831.71
DEPRECIATION FUND
Amount of Fund January 1, 1940
$ 31,079.27
Transferred from Operating Cash Account
12,461.43
Amount of Fund December 31, 1940
$ 43,540.70
SPECIAL ACCOUNT Electric Light Meter Deposit Fund
Amount deposited in Ipswich Savings Bank,
January 1, 1940
$ 4,393.72
Meter Receipts
567.00
Income
110.51
5,071.23
Refunds
682.08
Amount deposited in Ipswich Savings Bank,
December 31, 1940 $ 4.389.15
A
ELECTRIC LIGHT DEPARTMENT LOANS
Sold to
Amount
Rate
Date of Issue
No. Notes
Matures
Inst. Savings Newburyport
$ 8000.00
31/2 %
June 15, 1934
4
1941-44
First National Bank, Boston
15,000.00
11/2 %
March 15, 1936
3
1941-43
Total Outstanding $ 23,000.00
24
ELECTRIC LIGHT DEPARTMENT
Year
Total
K. W.H.
K. W.H. used for Street lights
Town paid for
Cost per K.W.H.
output
Street
to average
lights
Domestic consumer
1924
584568
97445
$10,834.00
.12
1925
662012
103855
11,014.00
.12
1926
716949
115760.
11,172.00
.11
1927
833290
115265
10,990.00
.10
1928
949064
156623
11,096.00
.09
1929
1093897
231550
9,700.00
.09
1930
1417658
239820
12,100.00
.071/2
1931
1634098
219140
10,000.00
.071/2
1932
1593265
222650
10,340.00
.071/2
1933
1718691
227300
10,000.00
.051/2
1934
1898632
225810
10,000.00
.051/2
1935
2091934
226350
8,700.00
.051/2
1936
2744667
232400
8,000.00
.051/2'
1937
3034658
225520
7,300.00
.04
1938
3038192
238760
6,000.00
.04
1939
3247741
244390
6,200.00
.04
1940
3436689
245000
5,600.00
.04
1941
280000E
6,400.00
E
This is the estimated amount of KWH. to be used for Street lighting during 1941.
25
ELECTRIC LIGHT DEPARTMENT
Returned to Town to Reduce Taxes
Outstand-
Total-cost of
ing
Debt
Plant
Value of Plant after Depreciation
$
$45,000.00
$125,276.38
$107,695.59
39,150.00
133,349.10
112,010.31
33,300.00
140,657.19
113,984.44
67,450.00
195,197.57
175,581.82
58,600.00
203,922.10
179,591.43
50,750.00
215,639.52
192,304.29
78,900.00
277,451.34
269,998.22
78,550.00
282,868.58
269,805.93
66,700.00
297,997.87
278,859.17
3,000.00
54,850.00
301,529.83
272,980.19
68,000.00
301,208.27
266,375.84
55,500.00
316,605.60
273,250.96
38,000.00
332,321.40
278,620.63
8,800.00
56,500.00
404,881,65
340,363.28
10,000.00
45,000.00
.409,547.26
332,882.44
11,000.00
33,500.00
418,265.14
329,313.90
11,000.00
23,000.00
428,583.67
329,355.94
11,000.00*
16,000.00
Note :
To be paid in 1941.
26
ELECTRIC LIGHT DEPARTMENT
ELECTRIC LIGHT DEPARTMENT
A reduction in the rates charged to all classes of consum- ers was made effective as of July 1, 1940. The total saving to the consumer was about $7,000. per year over the previous rates. The Town was fortunate during the past year to obtain for Ipswich a branch of the. Hygrade-Sylvania Co. They are not only a large Power consumer but give employment to many people. Very recently the Robinson Ship Yard was connected with a substantial increase in Power capacity and they also give employment to many people of Ipswich. Low Electric rates have much to do with the establishing of these Plants in Ipswich.
WATER DEPARTMENT
As shown by the detailed report on preceeding pages the water mains were extended under the direction of the W. P. A. authorities from the Turnpike on Linebrook road to the Heard residence, also on Vermette Court, Riley avenue, Putnam road, Topsfield road and was started on Fellows road from the en- trance to the Proctor Estate to Candlewood road. These ex- tensions not only bring the Public water supply to a great many properties but also eliminate many dead ends in the system which is a distinct benefit and from a fire protection standpoint alone they are worth while.
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