USA > Massachusetts > Essex County > Ipswich > Town annual report of Ipswich 1954 > Part 9
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239.23
STAGE HILL
Available:
Balance Jan. 1
2,778.58
Expenditures : Labor, Supplies & Equipment 1,585.28 Balance Forward to 1955 1,193.30
2,778.58
2,778.58
JEFFREYS NECK CAUSEWAY
Available:
Appropriation
Transfers
2,800.00 772.55
Expenditures : Labor, Supplies and Equipment
3,572.55
3,572.55
3,572.55
ARGILLA ROAD RESURFACING
Available :
Appropriation
2,000.00
Expenditures : Labor, Supplies & Equipment 1,998.49 To Revenue 1.51
2,000.00
2,000.00
LITTLE NECK ROAD RESURFACING
Available : Appropriation
2,000.00 Balance Forward to 1955
2,000.00
MARKET STREET DRAIN
Available: Appropriation
600.00
Expenditures : Labor, Supplies & Equipment
600.00
KIMBALL AND 4th STREET CORNER
Available : Appropriation
200.00
Expenditures : Labor, Supplies & Equipment
200.00
LAND ACQUISITION
Available: Appropriation
300.00
Expenditures : Payment for Land
ยท 300.00
87
ISLAND PARK
SOUTH MAIN STREET CORNER
Available: Appropriation
300.00
Expenditures : Labor, Supplies & Equipment 300.00
BLINKER REPLACEMENT
Available: Appropriation
2,000.00
Expenditures : Labor, Supplies & Equipment 1,141.33 Balance Forward to 1955 858.67
2,000.00
2,000.00
GUARD RAILS
Available :
Appropriation
2,500.00
Expenditures : Labor, Supplies & Equipment Balance Forward to 1955
316.59
2,183.41
2,500.00
2,500.00
STREET SIGNS
Available: Appropriation
500.00
Expenditures : Labor, Supplies & Equipment Balance Forward to 1955
465.75
34.25
500.00
500.00
NEW SIDEWALKS
Available: Balance Jan. 1
6,184.92
Expenditures : Labor, Supplies & Equipment 2,248.75 Balance Forward to 1955 3,936.17
6,184.92
6,184.92
Available: Appropriation
5,000.00
Expenditures : .22 Labor, Supplies & Equipment 4,999.78 To Revenue
5,000.00
5,000.00
SEWER COMMITTEE
Available: Balance Jan. 1 Appropriation
505.81 5,000.00
Expenditures : Outside Services Balance Forward to 1955
3,908.67
1,597.14
5,505.81
5,505.81
SEWER SITE
Available : Balance Jan. 1
1,000.00
Expenditures : Purchase of Site
1,000.00
SCHOOL BUILDINGS COMMITTEE
Available: Balance Jan. 1
14,530.39
Expenditures : Outside Services Balance Forward to 1955
8,450.95 6,079.44
14,530.39
14,530.39
88
SIDEWALK REPLACEMENT
ALTERNATE SCHOOL BUILDINGS COMMITTEE
Available:
Balance Jan. 1
1,000.00
Expenditures : Outside Services
1,000.00
LIGHTHOUSE PROPERTY IMPROVEMENTS
Available: Balance Jan. 1
459.39
Labor, Supplies & Equipment Balance Forward to 1955
352.31
459.39
459.39
HIGHWAY GARAGE ROOF
Available: Appropriation
500.00
Expenditures : Outside Services
500.00
PLANS AND SURVEYS
TAX MAPS
Available: Balance Jan. 1
15,000.00
Expenditures : Outside Services Balance Forward to 1955
3,545.00
11,455.00
15,000.00
15,000.00
CENSUS TAKING
Available: From Reserve Fund
500.00
Balance Forward to 1955
500.00
89
Expenditures :
107.08
CAPITAL EQUIPMENT MISCELLANEOUS EQUIPMENT
Available : Balance Jan. 1 Appropriation
995.00 19,777.00
Expenditures : Town Manager File Cabinet
67.75
Accounting
Adding Machine 310.50
Desk & Chair 164.65
Venetian Blinds
20.35
495.50
Treasury & Collection Typewriter Stand 33.60
Presto Line 51.95
85.55
Assessing
2 Desks
204.85
Venetian Blinds 45.15
250.00
Town Clerk
Secretary's Chair
40.00
Engineering File Cabinet
85.00
Town Hall
Vacuum Cleaner 224.83
Buffing Machine 199.50
Water Cooler 172.25
Police Cell Improve. 77.74
674.32
Police Department Cruiser 1,283.30
Fire Department Chief's Car 2,497.46
2 Fire Alarm Boxes 562.05
3,059.51
Shellfish Department Wharf Repairs
290.00
Public Works Grounds & Buildings Hydraulic Sprayer 2,000.00
Sanitation Refuse Truck
5,800.00
Highway
Trucks
2,145.00
Sand Spreader
995.00
3,140.00
Cemeteries
Link Fence
678.00
Truck
1,964.50
2,642.50
Playgrounds
Tennis Nets
151.03
New Bases 34.32
See-Saw & Swings 212.68
398.03
To Revenue
460.54
20,772.00
20,311.46
20,772.00
90
SCHOOLS AND LIBRARIES EDUCATION
Available: Appropriation Receipts from Feoffees of the Grammar Schools
286,934.17
5.000.00
Expenditures :
General Control Expenses of Instruction School Plant Operations Maintenance & Repairs Auxiliary Agencies Capital Outlay
14,444.83 198,268.30
28.312.29
10.245.92
33,407.63 7,229.02
To Revenue
26.18
291,934.17
291,934.17
ATHLETICS
Available : Appropriation
3,295.70
Expenditures : Miscellaneous To Revenue
3,282 83
12.87
3.295.70
3,295.70
ATHLETIC RECEIPTS
Available : Balance Jan. 1 Receipts
1,656.70 2.081.49
Expenditures : Miscellaneous Balance Forward to 1955
3.383.57
354.62
3,738.19
3,738.19
HIGH SCHOOL BOILER
Available: Appropriation
15,433.00
Expenditures : Outside Services Balance Forward to 1955
10,515.48
4,917.52
15,433.00
15,433.00
BURLEY SCHOOL CAFETERIA
Available: Appropriation
11,429.00
Expenditures : Outside Services To Revenue
11,427.65
1.35
11,429.00
11,429.00
WINTHROP SCHOOL RECONSTRUCTION
Available: Appropriation
13,714.00
Expenditures : Outside Services Balance Forward to 1955
5,050.05 8,663.95
13.714.00
13,714.00
WINTHROP SCHOOL REPAIRS
Available: From Reserve Fund
2,680.00
Expenditures : Outside Services To Reserve Fund
2,386.34 293.66
2,680.00
2,680.00
HIGH AND BURLEY CAFETERIAS - OPERATIONS
Available : Balance Jan. 1 Receipts
2,139.19 25,424.43
Expenditures : Lunch Expenses Balance Forward to 1955
26,730.33 $33.29
27,563.62
27.563.62
91
291,907.99
WINTHROP CAFETERIA - OPERATIONS
Available: Balance Jan. 1 Receipts
882.47 11,004.97
Expenditures : Lunch Expenses Balance Forward to 1955
11,229.86 657.58
11,887.44
11,887.44
LIBRARY
Available: Appropriation
11,500.00
Expenditures : Outside Services
11,500.00
TRUST FUNDS R. T. CRANE, JR. PICNIC FUND
Available: Receipts
1,242.96
Expenditures : Expenses of Picnic
1,242.96
EUNICE CALDWELL COWLES FUND
Available: Receipts
275.00
Expenditures : Scholarship Awards
275.00
MARK NEWMAN FUND
Available: Receipts
440.40
Expenditures : Manual Training Equipment
440.40
APPLETON FOUNTAIN MEMORIAL FUND
Available: Receipts
25.00
Expenditures : Outside Services
25.00
MISCELLANEOUS FUNDS
DONATIONS
Available:
Receipts from Portsmouth
Expenditures :
Naval Base
10.50
Welfare Contributions
10.50
CASH RECEIPTS AND CASH PAYMENTS SUMMARY For the Year Ending December 31, 1954
General Account
Cash Balance, January 1, 1954 Receipts (For details, see report of Town Accountant)
$ 207,529.89 1,898,730.51
2,106,260.40
Expenditures : Transferred to Payroll Account All Other
$ 607,410.53
1,272,002.59
(For details, see report of Town Accountant)
General Balance, December 31, 1954
Composition of Balance: Cash in Banks Cash in Office
$ 219,988.27 6,859.01
$ 226,847.28
1,879,413.12
$ 226,847.28
92
Payroll Account
Cash Balance, January 1, 1954 Transferred from General Account
$ 1,000.00 607,410.53
$ 608,410.53
607,410.43
$ 1,000.00
Committed for Collection
Motor Vehicle Excise 1953
$ 3,851.81
Motor Vehicle Excise 1954
71,403.51
Poll
4,898.00
Personal
34,996.26
Real Estate
482,636.33
Moth
16.50
Electric Light
340,193.23
Water
82,801.95
Departmental
104,049.76
$1,124,847.35
STATEMENT OF COLLECTIONS For the Year Ending December 31, 1954
Taxes:
Current Year
Prior Years
$ 469,908.66 35,356.47
Motor Vehicle Excise:
Current Year
Prior Years
Moth:
Current Year
16.50
Prior Years
30.25
Water Liens Added to Taxes:
Prior Years
114.50
Interest :
Current Year
199.62
Prior Years
1,349.25
Costs:
Current Year
253.00
Prior Years
259.55
Tax Certificates
46.00
Electric Light
323,939.05
Water
77,405.24
Departmental Accounts Receivable
97,816.56
$1,075,485.20
93
Expenditures
Balance December 31, 1954
58,000.55 10,790.00
DETAILED STATEMENT OF PAYMENTS For the Year Ending December 31, 1954
Departmental Expenditures Federal Grants:
Welfare Administration
4,585.07
Aid Dependent Children
3,229.55
Disability Assistance Old Age Assistance
9,496.13
63,106.40
80,417.15
State & County Requirements :
Parks & Reservations 1954
1,473.94
County Tax 1954
23,697.47
County Sanatorium Tax 1954
14,198.94
State Audit
20.10
39,390.45
Agency :
Dog Licenses for County
1,766.80
Dog Sales for County
6.00
Retirement Deductions
18,019.26
Withholding Tax
60,898.79
Blue Cross Deductions
8,898.95
Donations
10.50
89,600.30
Trust Funds :
Cemetery Perpetual Care Bequests
2,308.55
R. T. Crane, Jr. Picnic Fund :
Transactions
7,202.64
Income
1,248.95
Picnic Expense
1,242.96
Cemetery Perpetual Care Income
994.00
Martha I. Savory Fund
6.00
Eunice Caldwell Cowles Fund
400.00
Mark Newman Fund
440.40
Appleton Fountain Memorial Fund
50.00
Treasury Bills
149,713.04
13,893.50
Mass. Shellfish Reimbursement
1,196.67
Electric Light:
Operations
252,876.35
Construction
25,882.12
Depreciation
48,182.88
Loan Account
90,000.00
416,941.35
Maturing Debt:
7,000.00
Interest on Maturing Debt.
270 00
Hurricane Emergency 67.296.22
Refunds :
Personal Taxes 1952
4 75
Real Estate Taxes 1952
96.00
Personal Taxes 1953
9 90
Real Estate Taxes 1953
192.60
Poll Taxes 1954
8 00
Personal Taxes 1954
31.92
Real Estate Taxes 1954
2.287.13
M V X 1953
206.93
M V X 1954
980.48
Electric Light
1,462.20
Water
25.08
Tailings
2.30
Interest & Costs
1.36
Old Age Assistance
45.09
Meter Deposits-Interest
1,132.64
6,486.38
Total Cash Payments
1,879,413.12
916,657.57
Water Department : Operations & Extensions Water Well Account
77,291.17
13,254.32
90,545.49
94
DETAILED STATEMENT OF CASH RECEIPTS For the Year Ending December 31, 1954
Taxes :
Current Year Poll
Personal
4,012.00 29,280.88
Aid to Dep. Children
3,850.90
Real Estate
436,615.78
Old Age Assistance Disability Assistance 6,463.69
469,908.66
Previous Years
Poll
60.00
Personal
5,243.74
Real Estate
30,052.73
Aid to Dep. Children
2,427.66
Old Age Assistance
56,929.33
Disability Assistance
4,068.36
Income Tax
58,558.53
Corporation Tax
32,832.27
Meals Tax
4,025.07
Motor Vehicle Excise 1952
2.00
Motor Vehicle Excise 1953
10,788.00
Motor Vehicle Excise 1954
58,000.55
English Speaking Class
120.00
Vocational Education
947.98
School Aid
1,921.51
Tuition Reimbursement
242.72
Aid to Highways
19,325.60
Veterans Services
6,157.95
Marine Fisheries
100.00
Special Assessments: Moth to Taxes
46.75
Licenses and Permits :
Liquor
10,790.00
Shellfish
680.00
Pistol
38.00
Amusement
335.50
Dog Licenses Refund
1,222.65
Sellers
65.00
Common Victualer
70.00
Hawkers & Peddlers
48.00
Gas Renewal
10.00
Junk
40.00
Slaughtering
100.00
100.00
Used Car
20.00
Trustees of Public Reserva-
Tallow
4.00
tion-for Greenhead Fly Control
100.00
Theatre
30.00
Feoffees of Grammar
Disposal Unit
12.00
School
5,000.00
Auctioneers
5.00
Band Fund
15.00
Day Nursery
3.00
Donations
10.50
Milk, Oleo & Pasteurization
87.50
Milk Exam.
1.53
Oil Storage Permits
44.00
12,394.53
Tailings: Loans Authorized
120,000.00
Fines and Forfeits: Agency :
894.00
Trusts :
R. T. Crane Jr., Picnic Fund Transactions
7,213.61
Retirement Deductions
18,111.47
Income
1,237.98
Withholding Taxes
61,850.49
Expense
1,242.96
Blue Cross Deduction
8,902.85
Cemetery Perp. Care Income
994.00
Martha I. Savory Fund
6.00
Eunice Caldwell Cowles Fund
400.00
Cash Deposit-Garbage Contract
500.00
Mark Newman Fund 440.40
Appleton Fountain Memorial
50.00
100,421.08
11,584.95
Privileges:
Lieu of Taxes
5,756.46
Bounty on Seals
110.00
68,790.55
193,523.44
County :
Aid to Highways
9,162.79
10,385.44
Other:
W. R. C. for Memorial Building
Garbage Collection
7.50
5,225.50
77.22
Dog Licenses for County
1,781.20
Sale of Real Estate
9,275.07
Grants and Gifts : Federal :
Welfare Administration 4,233.49
57,519.39
72,067.47
State:
35,356.47
95
DETAILED STATEMENT OF CASH RECEIPTS-(Continued)
General Government: Town Manager:
Crane's Beach
7,649.60
Meter Dep. & Div.
1,319.30
Ipswich Housing
3,831.26
Great Neck Rental
770.00
Town Farm Lease
125.00
12,375.86
Town Clerk:
Dog Fees
150.90
Sporting Fees
129.75
Misc. Fees
881.43
Photostats
25.90
Scale Receipts
91.10
1,279.08
Education :
Tuition
11,378.10
Treasurer:
Int. & Costs on Taxes
2,064.71
Tax Certificates
46.00
Int. on Treasury Notes
866.07
Int. on Town Notes
60.67
Tax Titles
110.86
49,952.99
3,148.31
Protection of Persons & Property:
Police Department
Special Work
4,344.65
Ambulance
531.00
Bicycle Registrations
40.00
Refunds :
Treasurer & Collector
7.00
Assessors
1.00
Town Hall
18.35
Police
3.00
Fire
70.02
Moth
148.15
Forestry
72.00
Clam Commissioner
31.65
Health
103.50
Tuberculosis
1,076.41
Greenhead Fly Control
10.00
Garbage
1,095.05
Highway-Summer Maint.
418.23
Slaughter Inspection
1,438.50
Highway-Winter Maint.
2.50
General Relief
44.85
3,609.96
Highways:
Highway Machinery
297.75
Sidewalks
505.00
Other
138.03
Library
13.55
Playgrounds
7.75
Recreation
507.60
Electric Light
351.75
Water
5.00
Internment-Removal
2,184.00
Liners
97.00
Annual Care
820.22
Foundations, etc.
682.00
Perpetual Care
2,633.55
Miscellaneous Receipts
8.50
Treasury Notes
307,133.93
Perpetual Care Income Used by Cemeteries
2,366.08
Total Receipts
1,898,730.51
Insurance Receipts
15.00
Premium on Notes
104.40
4,915.65
Weights and Measures: Fees
91.50
Grounds and Buildings: Spraying
178.00
Health and Sanitation:
Aid to Dependent Children
32.05
Old Age Assistance
674.35
Veterans Services
81.25
Education
106.00
Athletics Fund
30.00
940.78
Cemeteries :
6,416.77
Electric Light Department :
Sales
323,939.05
325.258.35
Water Department: Sales Water Liens
77,405.24
114.50
77,519.74
Miscellaneous
64.00
High & Burley Cafeterias
25,424.43
Winthrop Cafeteria
11,004.97
Athletic Receipts
2,081.49
2,739.55
96
COMPARATIVE TAX STRUCTURE STATEMENT 1953 - 1954
1953
1954
A. Total Appropriation to be raised by taxation:
$768,622.24
$841,931.31
Total Appropriation to be taken from available funds: 145,850.00
102,682.10
914,472.24
944,613.41
B. State Requirement: Parks & Reservations Audit
689.15 1,807.74
1,479.75 20.10
Underestimated Previous Years: Parks & Reservations Audit
78.97
329.22
504.35
3,080.21
1,829.07
C. County Requirement :
Tax
24,120.57 11,550.97
23,887.52 11,398.57
35,671.54
35,286.09
D. Overlay
14,407.47
13,621.89
E. Gross Amount to be Raised
967,631.46
995,350.46
F. Estimated Receipts and Available Funds:
State Income
Local Revenue
90,208.40 165,245.00 70,000.00
98,092.57 177,100.00 70,000.00
Overestimates of Previous Years: County Tax
2,025.74
574.78
T. B. Hospital
1,677.42
982.74
Surplus Revenues
130,371.61
102,682.10
Electric Light
15,000.00
15,000.00
Machinery Fund
2,733.39
Insurance Fund
2,745.00
490,006.56
474,432.19
G. Net Amount to be Raised by Taxation :
Poll Tax
Personal Property
4,830.00 33,814.60 438,980.30
4,872.00 34,894.61 481,151.66
520,918.27
Gross Amount Raised
967,631.46
995,350.46
H. Assessed Valuation
Real Estate Personal
9,543,050.00 735,100.00
9,941,150.00 720,963.00
$10,278,150.00
$10,662,113.00
No. of Polls
2,415
2,436
I. Tax Rate
$46.00
$48.40
97
10,000.00
Overlay Reserve Fund
10,000.00
Real Estate
477,624.90
T. B. Hospital
Water Revenue
STATEMENT OF 1954 ASSESSMENT
1954 Tax Rate
Persons Assessed: Personal Estate
261
Real Estate Personal and Real Estate
628
Total
2678
Polls Assessed (Poll Tax) 2436
Value of Assessed Personal Estate:
Stock in Trade
$181,900.00
Machinery
117,118.00
Live Stock
65,145.00
All Other Tangible Personal Property
356,800.00
Total
$720,963.00
Value of Assessed Real Estate:
Land exclusive of Buildings
$1,902,355.00
Buildings exclusive of Land
8,038,795.00
Total: Value of Assessed Real Estate
9,941,150.00
Total: Valuation of Assessed Estate
$10,662,113.00
Total: Taxes Assessed for State, County and Town Pur- poses, including Overlay
520,918.27
Number of Livestock Assessed:
Horses (1 year old, or over)
74
Cows (Milch)
487
Swine
35
Sheep
263
Fowl
5,405
All other
543
Number of Acres of Land Assessed
17,730
Number of Dwelling Houses Assessed
2,311
STATEMENT OF MUNICIPAL INDEBTEDNESS
December 31, 1954
Date of Issue
Purpose
Rate
Date of Outstanding Maturity Dec. 31, 1954
2%
1955
1955
$6,000.00 1,000.00
Oct. 1, 1949
Laying and extending Water Mains to Present System Extending Water Mains
11/4 %-11/2 %
1955-1959
5,000.00
April 15, 1946
Enlarging or Extending Electric Light Plant
1.40%
1955-1961
49,000.00
Sept. 1, 1954
Additions to Electric Light Sys- tem
1.30%
1955-1963
90,000.00
Sept. 1, 1954
Developing a new well Field for Water Supply
1.30%
1955-1964
30,000.00
Total Bonded Debt
$192,200.00
Dec. 1, 1935
New High School
Dec. 1, 1948
Masconomet Road Water Mains
1 3/4 %
1 1/4 %
1955-1961
11,200.00
Dec. 1, 1951
1787
$48.40 per $1,000
98
CONSOLIDATED STATEMENT OF TRUST FUNDS
Cemeteries
$79,101.15
$2,208.55
$2,482.88
$2,366.08
$81,426.50
Appleton Memorial
Fountain
1,077 05
27.26
25.00
1,079.31
Eunice Caldwell Cowles
10,148.28
127.99
275.00
10,001.27
Mrs. William G. Brown Fund
2,191.26
77.35
2,268.61
Dow Boulder
171.57
6.04
177.61
Marianna T. Jones
981.20
34.64
1,015.84
John C. Kimball
500.00
17.64
517.64
Mark Newman
Memorial
5,536.81
195.46
440.40
5,291.87
Martha I. Savory
338.85
10.87
349.72
Richard T. Crane, Jr. Picnic
31,105.64
1,433.72
1,386.57
29,869.38
Stabilization Fund
368.81
13.00
381.81
Post War Rehabilitation 1,614.44
(1) Gain on Sales of Stock.
(2) Loss on Sale of Stock. Details of the above Trust Funds are available at the Town Treasurer's Office.
GEORGE C. PARSONS CHARLES E. GOODHUE, JR. EDWARD J. MARCORELLE
Trust Fund Commissioners GLADYS M. POOLE, Treasurer
TRUST FUNDS IN CUSTODY OF TRUSTEES
Burley Education Fund
Deposited in Salem Savings Bank
$1,132.16
Deposited in Salem Five Cents Savings Bank
995.80
Deposited in Ipswich Savings Bank
3,182.68
Deposited in Ipswich Savings Bank-Caldwell Fund
1,953.65
Ipswich Co-operative Bank-Paid Up Certificate
1,000.00
3 6/10 Shares Preferred Stock Boston & Maine R.R.
102.15
3 75/100 Shares Common Stock Boston & Maine R.R.
55.78
$8,422.22
Income from funds for the year 1954 as follows:
Interest Salem Savings Bank
$ 33.20
Interest Salem Five Cents Savings Bank
29.21
Interest Ipswich Savings Bank
107.23
Interest Ipswich Savings Bank-Caldwell Fund
66.62
Dividend Ipswich Co-operative Bank
30.00
Dividend Boston & Maine R.R. Preferred Stock
7.86
Expended for rent of safe deposit box
5.50
Net Income
$ 268.62
Frederick S. Witham, Treasurer
Brown School Fund
Balance 18th January, 1954:
Salem Five Cent Savings Bank
$1,861.57
Interest to February 1st, 1955
85.02
Balance 3rd February, 1955
$1,946.59
Balance 18th January, 1954:
Ipswich Savings Bank
$1,663.85
Interest to February 1st, 1955
88.85
Balance 3rd February, 1955
$1,752.70
J. Perry Smith, Treasurer
99
(1)
134.31
(2) 1,417.72
56.99
1,671.43
$ 274.12
LIBRARY TRUST FUNDS
IPSWICH PUBLIC LIBRARY
Trust Funds - 1954
Treadwell Fund
$17,143.32
$19,190.47
$15,832.97
$ 779.17
Heard Fund
8,612.97
11,035.86
8,594.36
396.12
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
2,582.24
2,582.24
2,582.24
76.01
Building Fund
95.30
95.30
95.30
3.24
Total
- 1954
$32,100.78
$36,570.82
$30,771.82
$1,358.80
Total
. 1953
32,001.85
33,012.50
29,963.27
1,330.12
Increase or (decrease)
98.93
3,558.32
808.55
28.68
* Newman Fund income not available for operating expense use.
D. W. Poor, Jr., Treasurer
FEOFFEES OF THE GRAMMAR SCHOOL FINANCIAL STATEMENT
Balance January 1, 1954 Income 1954
$ 3,126.15
28,020.26
31,146.41
Expenditures
25,741.32
Balance December 31, 1954
$ 5,405.09
Property held in Trust by the Feoffees December 31, 1954
Little Neck Valued at
Store Building
Cash on hand or in First National Bank, Ipswich
2,424.43
Interest earned on same 1954
85.58
2,510.01
Deposited in Ipswich Savings Bank Farm Account
5,451.34
Interest earned on same 1954
192.45
5,643.79
Cost
Present Value
54 shares First National Bank of Boston
$ 2,685.38
$ 3,186.00
100 shares National Shawmut Bank of Boston
2,748.63
4,450.00
Ipswich Cooperative Bank paid up Certificate
2,000.00
2,000.00
5 United States Series F Bonds
3,700.00
4,500.00
$11,134.01
$14,136.00
14,136.00
$54,194.89
$5,000.00 was paid to the Town for support of the schools. A breakdown of the taxes paid to the Town follows:
Land-Assessed value
$ 17,000.00 $ 822.80
Store-Assessed value
6,000.00
290.40
Barn-Assessed value
300.00
14.52
Cottages-Assessed value
306,125.00
14,816.45*
Personal Property Tax
48.40
$15,992.57
* This amount was prepaid to the Town by the Feoffees and in turn collected from the individual owners of the cottages.
100
$16,500.00 10,000.00 5,405.09
Deposited in Ipswich Savings Bank
Roads and Wharf
All of the roads on the property received a coating of road oil and sand, and pre- vious to this, all holes in the roads were filled with cold patch. Unless the roads are dug up for various reasons such as the installation of pipes for water and sewer, or electric lines, it should be several years before another oiling job would be necessary.
As usual the main wharf and float was in need of repairing which was done at the start of the season.
Store Building
The new building that had been used as a store by different proprietors for the last five years was not used as a store during the past season for the reason that no one could be found who was willing to operate it. It is apparent that the summer resi- dents will not support a store at the Neck.
After several talks with officials of the Little Neck Association, the permanent Members of the Feoffees decided to lease the store building to the Association for the purpose of recreation headquarters for a period of three years at the same rental as had been charged for store use, or $400. per year. The agreement specifies that the Feoffees keep the outer part of the building in repair and pay for the fire insurance. The Association is responsible for the repairs or any changes to the interior of the building, and protects the Feoffees from any accident claims etc. This would appear to be a very happy solution of this vexing problem.
Trees and Shrubs
Each year keeping trees and tree branches from growing to the extent that in cer- tain instances other people are deprived of a view of the water or beaches, becomes more of a problem. On account of various complaints received from cottage owners in this regard the sum of $125.00 was spent by the Feoffees to cut down trees ind trim off branches that were causing complaints. After hurricanes Carol and Edna the sum of $402.50 was spent to clear the roads of fallen trees and remove brush that created a fire hazard, and the bill for this was filed with the State for reimbursement from the Federal or State Hurricane Emergency funds. Any money that could be saved in this fashion would finally revert to the benefit of the Town through the School system. However, if this bill is not paid from these emergency funds this amount of $402.50 must be paid by the Feoffees. Following that emergency work a finished job was done to remove dead branches and stumps at a cost to the Feoffees of $287.00.
101
DETAILED STATEMENT OF TAXES For Year Ending Dec. 31, 1954
Taxes:
Poll 1954
S
$ 4,898.00 34,996.26 482,636.33
SS 8.00 31,92 2,287,13
$ 4,012.00 29,280.88 436,615.78 60.00 4,863.36 22,458.81
SS 876.00 420.11 11,573.64 32.00
$
Personal 1954
Real Estate 1954
Poll 1953
92.00
Personal 1953
5,570.14
9.90
461.38
255.30
Real Estate 1953
32,249.05
192.60
92.00
289.80
9,601.04
Personal 1952
477.76
380.38
102.13
Real Estate 1952
7,926.49
4.75 96.00
7,543.92
178.13
300.44
Real Estate 1951
50.00
50.00
$46,365.44
$522,530.59
$2,630.30
$505,265.13
$13,735.39
$994.38
$51,531.43
Motor Vehicle & Trailer Excise :
1954
Dec.
62,605.83) 8,797.68) 3,851.81
966.13
58,000.55
3,744.11
1953
7,454.50 472.17
220.89
10,788.00 2.00
470.17
$ 7,926.67
$ 75.255.32
$1,187.02
$ 68,790.55
$ 4,858.72
$10,719.74
Moth:
1954
16.50
16.50
1953
15.25
15.25
1952
31.00
15.00
16.00
46.25
16.50
46.75
16.00
Water Liens Added to
Taxes: 1953
129.49
26.96
102.53
1952
101.00
87.54
13.46
$ 230.49
114.50
$ 115.99
404.14
$ 18.00 5.327.19 36,329.90
102
10,624.98 94.76
644.44
1952
WATER DEPARTMENT FINANCIAL STATEMENTS
Profit and Loss Statement For the Year Ending December 31, 1954
Income:
Metered Sales
57,680.24
Operating Expenses :
Maint. Water Supply Structures
50.00
Maint. of Reservoirs
1,781.31
Electricity Purchased
3,384.28
Maint. of Pumping Equip.
427.10
Purification Supplies &
Expenses
490.58
Inspection of Customers' Installations
2,691.53
General Labor
10,530.50
Maint. of Mains
550.68
Maint. of Services
7,919.48
Maint. of Meters
612.78
Maint. of Hydrants
1,061.79
Total Operating
29,500.03
Administrative Expenses :
General Office Salaries
6,602.18
General Office Supplies
689.04
Insurance
1,021.88
Transportation Expense
1,399.13
Maint. of Gen. Structures
483.03
Depreciation
12,651.43
Misc. General Expense
1,038.28
Pensions
670.80
Total Administrative
24,555.77
Total Expenses
54,055.80
Profit for 1954
25,481.15
Net Revenue
79,536.95
79,536.95
Flat Rate Sales
7,377.00
Sundry Sales
2.00
Sale of Services
3,251.06
Sale of Supplies
11,607.65
79,917.95
Less: Interest on Notes
237.50
Abatements
143.50
381.00
Expenses :
103
WATER DEPARTMENT FINANCIAL STATEMENTS
Balance Sheet, December 31, 1954
Fixed Assets: Engineering Land
7,314.71
8,219.12
New Well System
37,498.53
Pumping Station
15,075.24
Storage Basin
27,693.59
Distribution Reservoir
17,827.55
Notes Payable
46,200.00
Bull Brook Reservoir
50,476.43
Departmental Bldg.
2,367.97
Store House
178.70
Pumps & Pumping Equip.
6,607.02
Purification System
3,050.86
Distribution Lines & Mains 296,175.47
Service Pipes
114,527.29
Meters
3,140.70
Office Equipment
131.75
Shop Equipment
2,755.46
Transportation Equipment
11,242.13
Misc. Equipment
6,202.61
610,485.14
Less: Reserve for Depreciation
287,668.24
Net Plant Investment Current Assets :
322,816.90
Cash-Operating
24,270.75
Cash-Construction
1,686.73
Cash-Well Construction
16,745.68
Accounts Receivable
12,866.45
Materials & Supplies
21,733.51
Total Current Assets
77,303.12
Total Assets
400,120.02
Liabilities: Appropriation from Tax Levy for Note Payments and Construction
24,083.03
Appropriation from Light Dept. for Construction
39,338.91
Total Liabilities
109,621.94
Surplus :
Ipswich Water Dept. Property Account
217,608.27
Profit & Loss
72,889.81 290,498.08
Total Liabilities and Surplus 400,120.02
104
ELECTRIC DEPARTMENT FINANCIAL STATEMENTS Balance Sheet-December 31, 1954
Current Assets :
Cash-Operating
42,311.85
Notes Payable
Cash-Depreciation
13,682.83
Cash-Consumers Deposits
10,720.17
Accounts Receivable
21,357.88
Inventory-Materials and Supplies
15,645.36
Inventory-Fuel Oil
2,992.15
Total Current Assets
106,710.24
Loans Repayment
258,000.00
Other Assets:
Land
841.20
Structures
78,591.53
Fuel System
4,165.75
International Combustion Engines
594,597.47
Auxiliaries
6,235.95
Electric Plant
26,020.48
Transformer Station Equipment
47,406.71
Poles, Fixtures and Over- head Conductors
165,305.41
Underground Conductors
10,903.59
Consumers Deposits
50,573.64
Consumers' Meter Instal- lations
1,291.48
Line Transformers
81,895.95
Transformer Installation
1,091.64
Street Lighting Equipment
19,465.76
Office Equipment
1,500.00
Transportation Equipment
10,796.94
1,100,683.50
Less: Reserve for Depreciation
388,426.00
712,257.47
Total Assets
818,967.71
Total Liabilities & Surplus
818,967.71
Analysis of Profit and Loss
358,769.71
Add: Audit Adjustment-Accounts Receivable Premium on Notes
5.43
78.30
83.73
358,853.44
Deduct: Transferred to Town in of Taxes
15,000.00
Notes Paid
7,000.00
Accounts Receivable commitment duplication
1,746.00
23,746.00
Net Profit for 1954
74,961.16
Balance December 31, 1954
....
410,068.60
Liabilities :
Consumers Deposits Interest Accrued
139,000.00 9,940.88 447.17
149,388.05
Surplus :
Approp. for Construction Repayment Profit and Loss
1,511.06
410,068.60
669,579.66
Balance January 1, 1954
335,107.44
105
ELECTRIC LIGHT DEPARTMENT FINANCIAL STATEMENTS Profit and Loss Statement For the Year Ending December 31, 1954
Sales :
Domestic Sales
168,792.46
Commercial Sales
121,466.69
Sales to other Utilities
30,434.35
Municipal Sales
16,350.72
Miscellaneous Revenue
3,149.01
340,193.23
Less:
Discounts
18,411.95
Abatements
362.80
18,774.75
Net Sales
321,418.48
Other Incomes:
Dividends on Consumers Deposits
323.16
Expenditures : Operating Expenses : Generating:
Engine Labor
44,354 56
Engine Fuel
100,434 82
Lubricants
4,058.94
Sta. Supplies & Exp.
1,704.27
Maint. of Engines
8,450.69
Maint. of Auxiliaries
6.82
Total Generating 159,010.10
Distribution :
Insp. & Test Meters
1,107.59
Remove & Reset Meters
846.01
Remove & Reset
Transformers
1,376.28
Maint. Transformer
Station Equipment
609 80
Maint. of Lines
29,041.22
Operation of Municipal Street Lights
2,947.90
Total Distribution
35,928.80
Administration :
Commercial Salaries
4 144.85
Salaries of General Office
5.696.24
Other Gen. Office Salaries
4,949.86
General Office Supplies and Expenses
2,696.75
Insurance
1,871.78
Pensions
670.80
Transportation Expense
2,682.69
Misc. General Expense
135.93
Maint. Gen. of Structure
461.17
Depreciation
27,365.67
Total Administration
50,675.74
Interest on Notes
1,165.84
Total Expenditures
246,790.48
Profit for 1954
74,961.16
321,741.64
321,741.64
106
-Ipunken Bay 350 TABLE OF CONTENTS
IPSWICH PUBLIC LIBRARY
1954
3 2122 00161 843 2 Page
Page
DEDICATION PAGE 2
REPORTS
Board of Selectmen
3
Town Manager
5
Departmental -
Finance
6
Legal
8
Assessing
8
Records
9
Planning
10
Engineering
11
Civil Defense
12
Weights and Measures
12
Personnel
13
Purchasing
13
Police
14
Sanitation
15
Fire
16
Health
17
Nursing
19
Welfare
20
Recreation
22
Veterans' Services
23
Libraries
24
Grounds and Buildings
25
Highway
26
Water
27
Electric
29
Cemetery
31
MUNICIPAL ORGANIZATION
32
LIST OF JURORS
33
SCHOOL REPORT
School Committee
36
Superintendent's Report
37
High School Principal
43
Burley and Shatswell School
44
Winthrop School
47
Guidance Director
49
Music Supervisor
53
Art Supervisor
55
Reading Supervisor
57
Audio-Visual Director
58
School Health
59
School Calendar
61
Statistic Data
62
High School Graduates
65
The Staff
66
School Salary Schedule
67
FINANCIAL STATEMENTS
71
Balance Sheet
72
Consolidated Expenditures
74
Detailed Expenditures
76
Cash Receipts, Payments
92
Statement of Collections
93
Detailed Payments
94
Detailed Receipts
95
Comparative Tax Structure
97
1954 Assessments
98
Municipal Indebtedness
98
Trust and Funds
99
Detailed Taxes
102
Water Department
103
Electric Department
105
THE TOWN OF IPSWICH AT YOUR SERVICE
A handy Check-List and Directory of Often-Used Town Services Emergency - FIRE 137
POLICE AMBULANCE 237 237
HOSPITAL 320
SERVICE
DEPARTMENT
PHONE
Administration, General
Executive Secretary
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
318
Fuel Oil Storage
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
Public Library
834
Selectmen
241
Lights, Street
Light Department (Office)
140
Town Engineer
933
Town Clerk
318
Milk Inspection
Health Department
896
Mortgages, Personal Property
318
Mortgages, Real Estate
Assessors
176
Moth Protection
Moth Division
695-M
Municipal Pensions
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
Executive Secretary
241
Recreation
Recreation Director
1247
Treasurer
92
Rubbish Collection
Public Works Department
466
School Department (Supt.)
34
High School
34
Burley
367-R
Shatswell
367-W
Winthrop
35
Nurse
186
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
Registrars of Voters
318
Water Division (Office)
140
Weights & Measures
896
Welfare Wiring Inspector
Welfare Department
621
Wire Inspector
140
Library
Licenses (General)
Lighting Department (Plant)
139
Maps
Marriage Certificates
Town Clerk
Retirement
Schools
Voting, Registration Water
Water Division (Plant) Sealer
139
Town Clerk
Dog Licenses
Town Clerk
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