Town annual report of Ipswich 1953, Part 8

Author: Ipswich (Mass.:Town)
Publication date: 1953
Publisher: Lynn News Press / J. F. Kimball
Number of Pages: 100


USA > Massachusetts > Essex County > Ipswich > Town annual report of Ipswich 1953 > Part 8


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).


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Credits :


Appropriation 251,896.29


Expenditures : 401 General Control 12,400.01


Receipts from Feoffees of


.402 Expense of Instruction 179,089.15 .403 School Plant Operation 26,922.86


the Grammar Schools 5,000.00


.404 Maints. and Repairs


6,930.15


405 Auxiliary Agencies


27,561.74


.406 Outlay


3,503.46


256,407.37


Encumbered for 1954 for 403


15.00


To Revenue


473.92


256,896.29


256,896.29


80


Expenditures :


HIGH SCHOOL CAFETERIA


Credits :


Balance January 1, 1953 754.37 Receipts 20,804.74


Expenditures : Lunches Expense 19,419.92 Balance Forward to 1954 2,139.19


21,559.11


21,559.11


WINTHROP SCHOOL LUNCH


Credits :


Balance January 1, 1953


144.67


Receipts


9,370.75


Expenditures : Lunches Expense 8,632.95 Balance Forward to 1954 882.47


9,515.42


9,515.42


ATHLETIC RECEIPTS FUND


Credits :


Balance January 1, 1953


1,818.14


Expenditures : Athletic Expense Balance Forward to 1954


1,732.08


Receipts


1,570.64


1,656.70


3,388.78


3,388.78


ATHLETIC FUND


Credits :


Appropriation


Expenditures : Athletic Expense


3,439.18


To Revenue .53


3,439.71


3,439.71


BAND FUND


Expenditures :


797.50 Balance Forward to 1954


797.50


LIBRARY


Credits :


Appropriation


Expenditures : .2 Outside Services


9,000.00


TRUST FUNDS


R. T. CRANE, JR. PICNIC FUND-ADMINISTRATION


Credits :


Receipts


Expenditures : .2 Outside Services 69.00


R. T. CRANE, JR. PICNIC FUND-PICNIC


Credits :


Receipts


1,178.77


Expenditures : .2 Outside Services


1,178.77


EUNICE CALDWELL COWLES FUND


Credits :


Receipts


250.00


Expenditures : Scholarships 250.00


BROWN DOG FUND


Credits :


Receipts


311.61


Expenditures : .2 Outside Services 311.61


MARK NEWMAN MEMORIAL FUND


Credits : Receipts


115.00


Expenditures : .4 Supplies 115.00


JOHN C. KIMBALL FUND


Credits : Receipts


46.70


Expenditures : 2 Outside Services 46.70


81


Credits :


Receipts


3,439.71


9,000.00


69.00


CASH RECEIPTS AND CASH PAYMENTS SUMMARY Year Ending December 31, 1953 General Account


Cash Balance January 1, 1953 Receipts


$ 139,751.01 1,847,205.06


1,986,956.07


Expenditures :


Transferred to Payroll Account


$ 533,140.04 1,246,286.14


All other


1,779,426.18


$ 207,529.89


Treasury Bills


157,420.89


General Balance, December 31, 1953


364,950.78


Composition of Balance:


Cash in Banks


198,031.33


Cash In Office


9,498.56


Treasury Bills


157,420.89


$ 364,950.78


Payroll Account


Transferred from General Account


$ 533,140.04


Expenditures


532,140.04


Payroll Balance, December 31, 1953


$ 1,000.00


STATEMENT OF COLLECTIONS For Year Ending Dec. 31, 1953


Taxes :


Current Year


431,732.24 $


Prior Years


34,590.12


Motor Vehicle Excise:


Current Year


51,395.34


Prior Years


8,133.72


Moth:


Current Year


49.50


Prior Years


34.50


Water Liens Added to Taxes:


Current Year


673.65


Prior Years


187.20


Interest:


Current Year


133.13


Prior Years


1,361.34


Costs:


Current Year


180.25


Prior Years


186.45


Tax Certificates


28.00


Electric Light


312,068.24


Water


73,959.70


Departmental


105,526.47


$1,020,239.85


82


DETAILED STATEMENT OF PAYMENTS For Year Ending Dec. 31, 1953


Departmental Expenditures $824,249.82 Federal Grants:


Aid to Dependent Chil- dren, Adm.


190.29


Aid to Dependent Chil- dren, Aid


2,173.50


Old Age Assistance Adm.


3,346.84


Old Age Assistance, Aid


66,185.55


Disability Assistance 4,839.08


Disability Assistance 238.12


76,973.38


Taxes:


Auditing Tax


1,807.74


State Parks-Reservations


1,018.37


County Tax


23,545.79


Construction


28,245.80


36,940.13


Agency and Trusts :


Dog Licenses for County


1,506.80


Dog Sales for County


3.00


Retirement Deductions


14,330.73


Withholding Deductions


55,510.64


Blue Cross 7,993.35


79,344.52


Refunds :


Real Estate 1952


92.88


Poll 1953


6.00


Personal 1953


1.74


Cemetery Perpetual Care Fund


994.00


R. T. Crane, Jr., Fund


1,245.47


E. C. Cowles Fund


250.00


Martha I. Savory Fund


6.00


Appleton Memorial Fund


25.00


Ipswich High World War


II Memorial Fund


210.32


4,080.79


Water A/R


67.32


Sidewalks A/R


285.50


Trust Fund Expenditures :


R. T. Crane, Jr., Fund


2,513.40


E. C. Cowles Fund


250.00


Donations


3.75


Brown Dog Fund


311.61


Mark Newman Memorial Fund


115.00


John C. Kimball Fund


46.70


Burley School Milk Fund


30.28


3,270.74


State Grants :


Disability Assistance, Adm. 181.51


Shellfish Reimbursement 363.99


545.50


Electric Light :


Operations


257,854.45


Construction


4,456.00


262,310.45


Water Department: Operations


45,199.38


Essex County Sanitorium Tax 10,568.23


73,445.18


Maturing Debt :


7,000.00


Interest :


412.50


Trust Fund Deposits:


Cemetery Perpetual Care Bequests


1,350.00


Real Estate 1953


497.65


M V X 1952


186.45


M V X 1953


1,365.28


M V X Interest


.74


Blue Cross


12.85


Withholding


24.20


Retirement


32.66


Meter Deposits & Interest


541.69


Police A/R


8.00


Electric Light A/R


1,458.30


4,581.26


Treasury Bills :


406,271.91


Total Payments


$1,779,426.18


83


DETAILED STATEMENT OF RECEIPTS For Year Ending Dec. 31, 1953


Taxes Current Year :


Comm. of Mass .:


Poll


3,982.00


Income Tax


58,289.55


Personal


28,182.72


Corporation Tax


32,234.85


Real Estate


399,567.52


Meal Tax


3,178.23


Lieu of Taxes


5,644.12


Vocational Education


679.63


Education Transportation


9,385.14


Taxes Previous Years :


Poll


6.00


Personal


3,652.53


Real Estate


30,925.24


Public Welfare


638.27


Aid to Dependent Children


152.23


Old Age Assistance


59,314.21


Disability Assistance


4,573.73


Veteran's Services


7,726.96


Motor Vehicle & Trailer


Excise 1952


8,133.72


Motor Vehicle & Trailer Excise 1953


51,395.34


Burley School Milk


Reimbursement 30.28


59,529.06


Special Assessments:


Moth to Taxes


84.00


Licenses and Permits :


Liquor


9,698.00


Hawkers & Peddlers


72.00


Pool & Bowling


36.00


Pistol


42.00


Amusement


66.00


Donations


3.75


Auto Dealer


10.00


Automatic Amusement


200.00


Cabin


1.00


Shellfish


737.00


Dog Sales for County


9.00


Common Victualler


55.00


Garbage


6.00


Innholders


3.00


Junk


40.00


Methyl Alcoholic


19.00


Milk, Cream & Oleo


41.00


Pasteurization


40.50


Rendering


5.00


Slaughtering


100.00


Theater


90.00


Nursery


2.00


Tallow


2.00


Recreation Camp


3.00


Auctioneer


12.00


Agents License


20.00


11,300.50


Fines & Forfeits:


646.00


Brown Dog Fund- Withdrawal 311.61


Mark Newman Memorial Fund-Withdrawal 115.00


J. C. Kimball Fund- Withdrawal 46.76


Martha I. Savory Fund- Income 6.00


Children, Aid


2.198.28


Old Age Assistance, Adm.


2,960.31


Old Age Assistance, Aid 63,179.36


Disability Assistance, Aid


6,779.98


High School World War II


Disability Assistance, Adm. 238.75


Memorial Fund-Income


210.32


75,491.68


82,457.58


Trusts :


Cemetery Perpetual Care Bequests 1,450.00


Cemetery Perpetual Care Income 994.00


R. T. Crane, Jr.


Picnic Fund-Income


1,245.47


R. T. Crane, Jr. Picnic Fund-Withdrawals 2,513.40 E. C. Cowles Fund-Income 250.00


E. C. Cowles Fund- Withdrawal


250.00


Grants & Gifts: Federal:


Aid to Dependent Children, Adm


135.00


Aid to Dependent


Appleton Memorial Fund- Income 25.00


7,417.56


84


199,104.80


County :


Aid to Highways Chapter 90


4,858.06


Individual :


W. R. C. for Memorial Building 100.00


Feoffees of Grammar Schools


5,000.00


Tailing : Agency :


114.90


Dog Licenses for County 1,452.00


Retirement System Deductions 15,804.70


Withholding Taxes


57,185.68


Blue Cross 8,006.20


Privileges:


Shellfish Reimbursement


1,100.00


Aid to Highways Chapter 90


13,716.12


English Class


120.00


School Aid


1,525.10


Tuition Reimbursement


796.38


34,583.77


431,732.24


DETAILED STATEMENT OF RECEIPTS-(Continued)


Sale of Cemetery Lots 245.00 1,438.70


Highway Machinery Fund


Sale of Real Estate 10,748.58


Ald Age Assistance Recoveries


2,131.20


14,563.48


General Government:


Town Manager


Sale of Equipment


28.36


Crane's Beach


6,829.56


Ipswich Housing


3,889.61


Great Neck Rental


1,700.00


Town Farm Lease


125.00


12,572.53


Town Clerk


Fees


1,069.36


Dog Licenses


1,170.03


Photostat


17.00


Scale Receipts


118.20


2,374.59


Treasurer


Interest on Treasury Bills


2,380.51


Tax Certificates


42.00


2,422.51


74,847.05


Education :


Tuition


13,842.50


High School Cafeteria


20,804.74


Winthrop Lunch


9,370.75


Athletic Receipts


1,570.64


Band Fund


797.50


4,770.08


Fire Department


Oil Storage Permit


62.50


L. P. Gas Permit


8.50


Oil Burner Inspection


6.00


Gas Renewal


1.50


78.50


Fire


22.90


Moth


3.09


Health


47.10


Sanitation


.69


Highway


69.83


Public Welfare


6.00


Old Age Assistance


1,572.73


Disability Assistance


304.45


Veteran's Services


57.50


1,470.20


Education


141.28


Committee on School Requirements


25.00


Tuberculosis


567.14


Capital Equipment


7.08


Garbage


733.27


Electric Light


429.87


Slaughter Inspection


1,554.66


Water


149.48


Cemeteries


12.60


2,855.07


2,882.32


Treasury Bills


447,619.49


Shellfish Sale of Crabs


65.00


Highways: Sidewalks Other


644.62


275.00


919.62


Recreation :


Equipment Sales


63.00


Cemetery :


Internment-Removals


2,719.00


Annual Care


610.50


Foundations


665.41


Liners


130.20


Interests & Costs


1,861.17


Electric Light Department :


Electric Sales & Misc. 312,057.56


Meter Deposits & Dividends 2,683.30


314,740.86


Water Department:


Water Liens


860.85


Water Sales & Misc.


73,986.20


Protection of Persons & Property :


Police Department


Ambulance


422.00


Special Work


4,318.83


Bicycle Permits


29.25


46,386.13


Insurance Receipts 38.00


Refunds :


Treas. & Collector


4.54


Town Hall


25.18


Civilian Defense


3.00


Weights & Measures Fees


126.45


Grounds & Buildings


Tree Spraying


1,344.85


Insurance


125.35


Health & Sanitation:


4,125.11


$1.847,205.06


85


COMPARATIVE TAX STRUCTURE STATEMENT 1952 - 1953


1952


1953


A. Total Appropriation to be raised by taxation :


$ 700,736.50


$ 768,622.24


Total Appropriation to be from available funds : 68,450.00


taken


145,850.00


$ 769,186.50 $ 914,472.24


B. State Requirement :


Parks & Reservations


689,15


Audit


1,807.74


Underestimated Previous Years : Parks & Reservations Audit


78.97


504.35


$ 3,333.19 $ 3,080.21


C. County Retirement :


Tax T. B. Hospital


12,294.46


11,550.97


Underestimates Previous Years : Tax


1,070.23


$ 38,656.67


$ 35,671.54


D). Overlay


13,622.58


14,407.47


E. Gross Amount to be Raised


$ 824,798.94


$ 967,631,46


F. Estimated Receipts & Available Funds:


State Income


76,135.03


90,208.40


Local Revenue


135,950 00


165,245.00


Water Revenue


55,000.00


70,000.00


Overestimates of Previous Years : County Tax State Parks


1.012.63


2,025.74


170.55


T. B. Hospital


1,677.42


Surplus Revenues


61,450.00


130,371.61


Electric Light


15,000.00


15,000.00


Overlay Reserve Fund


7,000.00


10,000.00


Machinery Fund


2,733.39


Insurance Fund


2,745.00


$ 351,718.21


$ 490,006.56


G. Net Amount to be raised by Taxation :


Poll Tax Personal Property


4,836.00 31,847.71 436,400.02


4,830.00 33,814.60 438,980.30


Grand Total to be Raised


$ 824,798.94


$ 967,631.46


H. Assessed Valuation


Real Estate Personal


9,187.290.00 670,415.00


9,543,050.00 735,100.00


Total


$9,857,705.00


$10,278,150.00


No. of Polls


2.418


2,415


I. Tax Rate


$47.50 per thousand


$46.00 per thousand


Real Estate


473,080.73


477,624.90


1,078.44 2,254.75


25,291.98


24,120.57


86


STATEMENT OF 1953 ASSESSMENT


1953 Tax Rate


Persons Assessed :


Personal Estate


549


Real Estate


1585


Personal & Real Estate


329


Total


Polls Assessed (Poll Tax)


2415


Value of Assessed Personal Estate :


Stock in Trade


$ 209,565.00


Machinery


137,850.00


Live Stock


59,345.00


All Other Tangible Personal Property


328,340.00


Total


$ 735,100.00


Value of Assessed Real Estate:


Land exclusive of Buildings


1.842,625.00


Buildings exclusive of Land


7,700,425.00


Total: Value of Assessed Real Estate


9,543.050.00


Total : Valuation of Assessed Estate


$10,278,150.00


Total: Taxes Assessed for State, County and Town Purposes, including Overlay


$ 477.624.90


Number of Livestock Assessed : Horses (1 year old, or over)


68


Cows (Milch)


289


Swine


29


Sheep


304


Fowl All Other


153


Number of Acres of Land Assessed


17,730


Number of Dwelling Houses Assessed


2,283


STATEMENT OF MUNICIPAL INDEBTEDNESS December 31, 1953


Date of Issue


Rate


Date of Maturity


Dec. 31, 1953


Dec. 1, 1935


2%


New High School, 1954-1955


$12,000.00


Dec. 1. 1948


134%


Masconomet Road Water Mains.


2.000.00


1954-1955


Oct. 1, 1949


11/4% - 11/2%


Laying & Extending Water Mains


6,000.00


April 15, 1946


114%


Extending Water Mains.


12,800.03


1954-1961


Dec. 1. 1951


1.40%


Electric Light Generator.


56.000.00


1954-1961


Total Bonded Debt $88.800.00


87


2463


$16.00 per $1,000


Outstanding


to Present System. 1954-1959


4,215


CONSOLIDATED STATEMENT OF TRUST FUNDS


Name of Fund


Balance Jan. 1, 1953 $77,479.14


Bequests $1,450.00


Income 1953 $2,417.30


Expenditures 1953 $2,245.29


Balance Dec. 31, 1953 $79,101.15


Appleton Memorial Fountain


1,050.53


26.52


1,077.05


Eunice Caldwell


Cowles


10,145.39


252.89


250.00


10,148.28


Mrs. William G. Brown


2,417.54


85.33


311.61


2,191.26


Dow Boulder


165.74


5.83


171.57


Marianna T. Jones


947.76


33.44


981.20


John C. Kimball


528.06


18.64


46.70


500.00


Mark Newman


5,459.08


192.73


115.00


5,536.81


Martha I. Savory


328.35


10.50


338.85


Richard T. Crane, Jr.


31,227.13


1,343.47


1,464.96


31,105.64


Stabilization


356.24


12.57


368.81


Post War Rehabilitation 1,559.40


55.04


1,614.44


Statements in detail of the above Trust Funds are available to you at the Town Treasurer's Office.


EDWARD J. MARCORELLE


GEORGE C. PARSONS CHARLES E. GOODHUE, JR. GLADYS M. POOLE, Treasurer Trust Fund Commissioners


TRUST FUNDS IN CUSTODY OF TRUSTEES


Manning School Fund


Balance-January 1, 1953


$ 8,769.82


Income


1,151.38


Expenditures


33.00


Balance December 31, 1953


9,888.20


Holding of First National Bank of Boston


Stock increased by Stock Dividend of 5 shares


R. H. Manning Fund


Balance-January 1, 1953


14,065.32


Income


566.85


Balance December 31, 1953


14,622.17


M. Charles Arthur, Treasurer


Burley Education Fund


8,052.76


257.31


Income: Bank Dividends Stock Dividends


19.35


276.66


Deduct: Expenditure for safe deposit box rent


6.00


Difference in valuation of stock


208.99


214.99


Represents a change for stock yielding higher revenue


Frederick S. Witham, Treasurer


Brown School Fund


Previous Balance


3,469.30


Income


56.12


Balance-December 31, 1953


$3,525.42


J. Perry Smith, Treasurer


88


Balance-January 1, 1953


8,329.42


8.114.43


Cemeteries


9,921.20


LIBRARY TRUST FUNDS


IPSWICH PUBLIC LIBRARY


Trust Funds - 1953


Lower of Cost or


Book Value


Market Value


Market Value


Income


Treadwell Fund


$17,143.32


$16,936.59


$15,232.35


$ 761.58


Heard Fund


8,593.29


9,810.67


8,465.18


387.72


Lathrop Fund


1,854.90


1,854.90


1,854.90


54.90


Spiller Fund


1,812.05


1,812.05


1,812.05


49.36


Newman Fund


2,506.23


2,506.23


2,506.23


73.44


Building Fund


92.06


92.06


92.06


3.12


Total - 1953


$32,001.85


$33,012.50


$29,963.27


$1,330.12


Total


. 1952


31,912.99


32,608.84


30,126.00


1,319.41


Increase or (decrease)


88.86


403.66


(162.73)


10.71


* Newman Fund income not available for operating expense use.


D. W. Poor, Jr., Treasurer Ipswich Public Library


FEOFFEES OF THE GRAMMAR SCHOOL


Balance January 1, 1953


$ 2,622.04


Income 1953


22,771.35


25,393.39


Expenditures


22,267.24


Balance December 31, 1953


3,126.15


Property held in Trust by the Feoffees December 31, 1953


Little Neck Valued at


$16,500.00 10,000.00


Store Building


Cash on hand or in First National Bank, Ipswich


3,126.15


Deposited in Ipswich Savings Bank


2,341.77


Interest earned on same 1953


82.66


2,424.43


Deposited in Ipswich Savings Bank Farm Account


5,265.45


Interest earned on same 1953


185.89


5,451.34


Present Value


5 United States Series F. Bonds


$ 3,700.00


$ 4,305.00


54 Shares First Nat .Bank of Boston


2,685.38


2,700.00


100 Shares Nat. Shawmut Bank Boston


2,748.63


3,700.00


Ipswich Co-operative Bank paid up Certificate


2,000.00


2,000.00


$11,134.01


$12,705.00


12,705.00


$50,206.92


Charles A. Mallard, Treasurer


89


Cost


DETAILED STATEMENT OF TAXES For Year Ending Dec. 31, 1953


Outstanding Jan. 1. 1953


Commitments


Refunds


Collections


Abatements


Tax Title


Outstanding Dec. 31, 1953


Taxes:


Poll 1953


$ 4,864.00


6.00


$ 3,982.00


$ 796.00


$


$ 92.00


Personal 1953


34,081.40


1.74


28,182.72


330.28


5.570.14


Real Estate 1953


439,099.90


497.65


399,567.52


7,686.68


94.30


32,249.05


Poll 1952


6.00


6.00


Personal 1952


4,140.98


3,652.53


10.69


477.76


Real Estate 1952


30,519.84


92.88


22,664.85


9.50


11.88


7,926.49


Real Estate 1951


8,339.24


8,266.74


22.50


50.00


43,006.06


478,045.30


598.27


466,322.36


8,855.65


106.18


46,365.44


Motor Vehicle & Trailer Excise :


52,427.34)


1953


Dec. 8,820.90)


1,365.28


51,395,34


3,763.68


7,454.50


1952


5,075.87


3,869.03


186.55


8,133.72


525.56


472.17


$48,081.93


$543,162.57


$2,150.10


$525,851.42


$13,144.89


$106.18


$54,292.11


Moth:


1953


64.75


49.50


15.25


1952


51.50


20.50


31.00


1951


14.00


14.00


1950


6.00


6.00


Water Liens Added to


: Taxes: 1953


803.14


673.65


1952


288.20


187.20


129.49 101.00


90


WATER DEPARTMENT FINANCIAL STATEMENTS Receipts and Expenditures Statement December 31, 1953


Revenue :


Metered Sales Flat Rate Sales


50,031.63 4,024.50


Sundry Sales


12.00


Sales of Services & Supplies


12,712.13


66,780.26


Insp. of Customers Installation


1,774.32


General Labor


10,328.05


Maint. of Mains


5,336.66


Maint. of Services


11,534.28


Maint. of Meters


1,786.81


Maint. of Hydrants


1,987.62


General Office Salaries


6,812.00


General Office Supplies & Expense


567.25


Insurance


915.06


Stores Expense


118.17


Transportation Expense


1,246.19


Misc. General Expense


1,505.74


Pensions


670.80


Operating Profit


17,546.71


Net Revenue 66,471.91


66,471.91


Balance Sheet as of December 31, 1953


Fixed Assets


Liabilities


Plant Investment:


Appropriation from Tax


Engineering


7,314.71


Land


8,219.12


New Well System


23,815.12


Pumping Station


15,075.24


Storage Basin


27,693.59


Distributor Reservoir


17,827.56


Bull Brook Reservoir


50,476.43


Total Liabilities


82,221.94


Departmental Building


2,367.97


Store House


178.70


Pumps & Pumping Equipt.


6,607.02


Purification System


3,050.86


Pipe Lines & Distribution Mains


280,003.40


Service Pipes


110,180.09


Meters


2,818.80


Office Equipment


131.75


Shops Equipment


2,755.46


Transportation Equipt.


10,092.13


Misc. Equipt.


4,946.04


573,553.99


Less Reserve for Depreciation


275,016.81


Net Plant Investment


298,537.18


Current Assets:


Cash-Operating


19,966.22


Cash-Construction


373.49


Cash-Water Ext. Agcy.


8,217.38


Accounts Receivable


7,591.51


Inventory


9,527.34


Total Current Assets


45,675.94


Total Assets


344,213.12


Total Liabilities and Surplus


344,213.12


91


Operating Expenses : Maint. of Water Supply Structure 109.67


Electricity Purchased 3,737.65


Maint. of Pumping Equipt. 346.34


Purification Supplies & Expense 148.59


Less: Interest on Bonds


295.00


Abatements 13.35 308.35


Levy for note Payments and Construction


24,083.03


Appropriation from Light


Dept. for Construction


39,338.91


Notes Payable


18,800.00


Surplus


Ipswich Water Dept. Property Account


215,008.27


Operating Surplus


46,982.91


261,991.18


48,925.20


ELECTRIC DEPARTMENT FINANCIAL STATEMENTS Balance Sheet December 31, 1953


Assets :


Liabilities:


Land


841.20


Structures


78,591.53


Fuel System


4,165.75


65.33


Internal Combustion Engines


426,749.44


Electric Plant


26,003.06


Transformer Station Equipment


47,406.71


Loans Repayments


251,000.00


Poles, Fixtures and Over- head conductors


157,949.92


Underground conductors


10,903.59


Consumers Meters


48,758.30


Consumers Meters installation


1,291.48


Live Transformers


79,360.82


Transformers installation


1,091.64


Street Lighting Equipment


17,619.89


Transportation equipment


10,796.94


Office Equipment


1,500.00


913,030.27


Less Reserve for


Depreciation


359,544.00


553,486.27


Current Assets :


Cash-Operating


36,347.29


Construction


4,534.86


Consumers Deposits


8,052.51


Accounts Receivable


24,156.82


Material and Supplies


13,864.69


Depreciation Fund


34,500.04


121,456.21


Total Assets


674,942.48


674,942.48


Analysis of Profit and Loss


Balance December 31, 1952 per Town Report


353,658.20


Add: Interest Received on Consumers Deposits in 1952


192.52


Deduct: Inventory adjustment 1952


3,947.98


Depreciation on Transportation Equipment Notes Paid


1,835.48


7,000.00


12,783.46


Adjusted Balance December 31, 1952


341,067.26


Add Net Profit for the year


39,702.45


Deduct: Transfer to Town Treasury in lieu of taxes


15,000.00


Notes Paid


7,000.00


22,000.00


Balance December 31, 1953


358,769.71


Bonds Payable


56,000.00


Consumers Deposits Accrued Interest


7,596.38


63,661.71


Surplus :


App. for Const.


Repay


1,511.06


Profit and Loss


358,769.71


611,280.77


380,769.71


92


ELECTRIC LIGHT DEPARTMENT FINANCIAL STATEMENT


Revenues and Expenditures December 31, 1953


Revenues :


Operating Expenses :


Domestic Sales


163,809.38


Generating:


Commercial Sales


105,960.63


Engine Labor


39,095.67


Sales to Other Utilities


29,803.50


Engine Fuel


108,141.37


Municipal Sales


15,670.04


Lubricants


4,966.90


Station Supplies & Exp.


3,024.68


Maint. Engines


4,983.66


Gross Revenue


320,688.20


Maint. Auxiliaries


Maint. Generating


5,330.72


Less Discount 17,762.60


Maint. Sta. Structures


100.18


Abatements 159.08


17,921.68


Distribution :


Insp. & Testing Meters


2,440.52


302,766.52


Removing & Resetting Meters 324.69


Removing & Resetting Transformers


2,559.89


Maint. Transfer


Station Equipment


191 89


Maint. of Lines


32,409.75


Oper. Street Lamps


4,560.37


Maint. Com'l Lamps Equipment 4.84


Administration:


Commercial Salaries


1,352.90


Salaries Gen. Office 5,210.00


Other Gen. Office Salaries


6,888.19


Office Supplies & Expenses Insurance


3,644.53


Pensions


670.80


Stores Expenses


178.42


Transportation Exp.


3,064.03


Misc. General Expenses


340.70


Maint. General Structures 3,381.87


Depreciation 26,501.80


Total Expenses 262,556.75


Profit for 1953


39,702.45


302,259.20


302,259.20


Interest on Notes 770.93


Int. on Cons. Dep. 8.69


779.62


301,986.90


Add


Interests on Con. Dep.


272.30


&


3,188.38


Miscellaneous Revenue


5,444.92


93


IPSWICH PUBLIC LIBRARY 3 2122 00161 846 5


TABLE OF CONTENTS


Page


Page


DEDICATION PAGE


2


MUNICIPAL ORGANIZATION


3


REPORTS


Board of Selectmen


5


Town Manager


7


Departmental


Finance


8


Legal


9


Assessing


10


Records


11


Planning


12


Engineering


13


Personnel


14


Purchasing


14


Civil Defense


14


Shellfish and Harbors


15


Weights and Measures


15


Police


16


Fire


17


Health


18


Welfare


20


Veterans' Services


21


Recreation


22


Libraries


23


Grounds and Buildings


25


Sanitation


25


Highway


26


Cemetery


28


Electric


29


Water


30


List of Jurors


32


SCHOOL REPORT


School Committee


33


Superintendent's Report


35


High School Principal


37


Burley and Shatswell School


40


Winthrop School


42


Guidance Director


44


Music Supervisor


47


Art Supervisor


49


School Health


51


School Calendar


53


Statistic Data


54


High School Graduates


57


The Staff


58


School Salary Schedule


59


FINANCIAL STATEMENTS


61


Balance Sheet


62


Consolidated Expenditures


64


Detailed Expenditures


66


Cash Receipts, Payments


82


Statement of Collections


82


Detailed Payments


83


Detailed Receipts ..


84


Comparative Tax Structure


86


1953 Assessments


87


Municipal Indebtedness


87


Trust and Funds


88


Detailed Taxes


90


Water Department


91


Electric Department


92


THE TOWN OF IPSWICH AT YOUR SERVICE


A handy Check-List and Directory of Often-Used Town Services Emergency - FIRE 137


POLICE AMBULANCE HOSPITAL 320


237


237


SERVICE


DEPARTMENT


PHONE


Administration, General


Town Manager


241


Assessments (Taxes)


Assessors


176


Bicycle Licenses


Police


237


Bills and Accounts


Treasurer


92


Birth Certificates


Town Clerk


318


Burial Permits


Town Clerk


318


Business Certificates


Town Clerk


318


Cemeteries


Cemetery Division


634-W


Cemetery Deeds


Cemetery Division


634-W


Death Certificates


318


Town Clerk


318


Elections


Registrars of Voters


318


Electric


Electric Department


140


Employment


Town Manager


241


Engineering


Engineering Department


933


Entertainment Licenses


Selectmen


241


Fishing & Hunting Licenses


Town Clerk


318


Fire Department


137


Garbage Collection


Public Works Department


466


Health


Health Department


896


Home for Aged and Infirm


Welfare Department


621


Housing


Housing Authority


662-M


Library


Public Library


834


Licenses (General)


Selectmen


241


Light Department (Office)


140


Lighting Department (Plant)


139


Town Engineer


933


Town Clerk


318


Health Department


896


Mortgages, Personal Property


Town Clerk


318


Mortgages, Real Estate


Assessors


176


Moth Protection


Moth Division


695-M


Treasurer


92


Municipal Finances


Accountant


553


Old Age Assistance


Welfare Department


621


Ordinance, Town


Town Clerk


318


Parks


Park Division


695-M


Planning


Planning Board


933


Playgrounds


Playground Division


1247


Purchasing


Town Manager


241


Recreation


Recreation Director


1247


Treasurer


92


Public Works Department


466


School Department (Supt.)


34


High School


34


Burley


367-R


Shatswell


367-W


Winthrop


35


Nurse


Sewers


Health Department


896


Shellfish


Clam Commissioner


1097-M


Shellfish, Licenses


Police Department


237


Streets, Maintenance


Highway Division


466


Subdivisions


Planning Board


933


Tax Collections


Collector


92


Trees


Grounds Division


695-M


Tuberculosis Hospital


Health Department


896


Veterans' Benefits


Veterans' Agent


318


Voting, Registration


Registrars of Voters


318


Water


Water Division (Office)


140


Water Division (Plant) Sealer


139


896


Welfare Department


621


Weights & Measures Welfare Wiring Inspector


Wire Inspector .


140


Maps


Marriage Certificates


Milk Inspection


Municipal Pensions


Retirement


Rubbish Collection


Schools


186


Lights, Street


Town Clerk


Dog Licenses


Fuel Oil Storage




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