USA > Massachusetts > Essex County > Ipswich > Town annual report of Ipswich 1958 > Part 8
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23,940.29
Real Estate 1958 904.73
4.00
Personal 1957
10.32
Personal 1958
37.95
M.V.X. 1957
1,273.69
M.V.X. 1958
2,090.39
Electric Light
1,089.82
Water
289.11
Interests & Costs
1.08
Bequests
3,265.00
Cemetery Perpetual Care Fund Income
3,070.69
R.T. Crane, Jr. Picnic Fund Expense
1,189.10
Martha I. Savory Fund
15.19
Treasury Bills
397,314.00
Eunice Caldwell Cowles Fund
671.07
Fanny L. Appleton Memorial Fountain Fund
97.64
Mark Newman Memorial Fund
260.79
Hannah C. Clarke Fund
15.28
John C. Kimball Fund 5.72
Mrs. Wm. G. Brown Animal Fund
24.73
Total Cash Payments
2,864,689.57
Marianna T. Jones Fund
11.22
Post War Rehabilitation Fund
18.48
Stabilization Fund
4.22
Ipswich High School World War II Fund
2.38
8,651.51
Mass. Shellfish Reimbursement 274.73
Electric Light :
Operations
Construction
421,388.24 13,175.68
Extending & Enlarging Electric Plant 93,395.30
527,959.22
Refunds :
Real Estate 1956
175.35
Withholding Tax Deductions
106,481.92
Poll 1958
Blue Cross Deductions
15,214.65
Donations
37.80
147,406.41
Trust Funds :
Cemetery Perpetual Care
Meter Deposits & Interests Police 4.00
858.09
6,899.26
Premium on Loan-Sewer - 1,775.00
Loans in Anticipation of Bond Issue
100,000.00
92,320.49
Water Standpipe & Pumping Station
729.31
Interest on Maturing Debt
12,712.50
93
DETAILED STATEMENT OF CASH RECEIPTS
For the Year Ending December 31, 1958
Taxes :
Current Year :
Poll
4,042.00
Personal
45,062.77
Aid to Dependent Children
999.27
Real Estate
726,294.60
Old Age Assistance
64,729.56
Disability Assistance
8,742.40
81,227.35
Previous Years :
Poll
128.00
State:
Public Welfare
1,967.23
Aid to Dependent Children 874.68
Old Age Assistance
63,481.38
Disability Assistance 5,385.84
Income Tax
76,977.53
Corporation Tax
37,165.47
Meals Tax
4,947.73
Lieu of Taxes
6,910.67
Vocational Education
1,217.33
Educational Transportation
14,707.20
Civic Education
147.00
School Aid
12,875.67
Special Education
2,977.70
Marine Fisheries
700.00
Aid to Highways
8,508.31
Veterans Services
7,279.25
246,122.99
Licenses and Permits :
Liquor
10,848.00
Hawkers & Peddlers
14.00
Pistol
190.00
Amusement
317.00
Dog License Refund
1,508.64
Auto Dealer
50.00
Cabin-Motel & Occupancy
25.00
Shellfish
3,328.00
Common Victualler
82.00
Garbage
6.00
Junk
40.00
Methyl Alcohol
14.00
Milk, Cream & Oleo
85.50
Slaughtering
100.00
Theatre
60.00
Nursery
4.00
Auctioneer
2.00
Agents & Vendors
65.00
Disposal Licenses
583.00
Oil Truck Permits
48.00
15,861.50
Fines & Forfeits
571.00
General Government :
Executive Secretary :
Cranes 'Beach
7,170.35
Ipswich Housing
3,045.14
Town Farm Lease M.I.T.
1,875.00
Town Property Rental
500.00
Post War Rehabilitation Fund
18.48
Stabilization Fund 4.22
Ipswich High World War II Fund 2.38
5,120.00
Personal
3,050.01
Real Estate
48,900.06
52,078.07
Farm Animal Excise
305.28
Privileges :
Motor Vehicle Excise 1956
10.17
Motor Vehicle Excise 1957
25,036.83
Motor Vehicle Excise 1958
100,260.76
125,307.76
Special Assessments : Moth to Taxes
50.00
County :
Aid to Highways
3,823.52
5,332.16
Other :
Feoffees of Grammar Schools
5,000.00
Donations
37.80
Old Age Recoveries
16,032.81
Tailings 132.38
Accrued Interest on Sewer
Loan 166.25
21,369.24
Trusts :
R.T. Crane Jr. Picnic Fund Expenses
1,189.10
Cemetery Perpetual Care 3,070.69
Martha I. Savory Fund 15.19
Eunice Caldwell Cowles Fund
671.07
Fanny L. Appleton Fountain Fund 97.64
Marianna T. Jones Fund 11.22
Hannah C. Clarke Fund 15.28
Mrs. Wm. G. Brown Animal Fund 24.73
12,590.49
Grants and Gifts :
Federal:
Welfare Administration 6,756.12
775,399.37
94
DETAILED STATEMENT OF CASH RECEIPTS (CONT.)
Town Clerk:
Chapter 718-Acts of 1956 10,501.00
Miscellaneous Fees
1,001.50
Photostats
4.00
Highways :
Highway Machinery Sidewalks
1,054.22
Dog Licenses
1,724.00
230.50
2,744.50
1,284.72
Treasurer:
Interest & Costs
3,063.67
Tax Certificates
47.00
Interest on Notes (Sewer)
597.92
Tax Titles
468.08
Internment Removal,etc.
3,455.00
4,176.67
8,666.82
Protection of Persons and Property:
Police Department :
2,696.10
Special Work
9,600.83
Ambulance
444.00
Bicycle Registrations
30.50
Meter Dep. & Div. .
1,533.01
10,075.33
Civil Defense Reimbursement
247.21
Forest Fire Reimbursement 2,840.85
Weights & Measures Fees
25.50
Bounty on Seals (County Reimb) 82.50
Education:
Ipswich School Cafeterias
52,513 .13
Miscellaneous
62.25
Athletic Receipts
2,034.47
Garbage
1.00
Slaughter Inspection
2,840.50
Rabies Clinic
106.50
Insurance Receipts
754.42
Premium on Loan (Sewer)
4,585.80
Recreation :
Dancing Class Receipts
1,105.00
Use of Lighthouse
66.75
Recreational Swimming
673.75
Rug Hooking Receipts
54.00
Agency :
Dog Licenses for County
1,734.00
Retirement System Deductions
23,940.29
Selectmen
10.23
Withholding Deductions
106,481.92
Treasurer-Collector
1.60
Blue Cross
15,223.95
Police
14.11
Sale of Real Estate Fund
1,339.33
Fire
93.10
Sale of Town Property Pro Forma 31.93
Health
70.87
148,751.42
General Relief
412.03
Old Age Assistance
756.07
Bond Issue - Town Garage
16,000.00
Veterans Services
250.00
Education
328.32
Recreation
5.00
Capital Equipment
888.35
Tax Maps
20.73
Electric Light
322.07
Water
801.00
Cemeteries
3.75
3,977.23
Total Receipts
2,968,450.80
Cemeteries :
Perpetual Care
2,965.00
Annual Care
844.00
Foundations, etc.
1,402.82
Perpetual Care Income: Used by Cemeteries
Electric Light Department: Sales
452,262.52
453,795.53
Water Department: Sales
84,765.44
Liens
4,067.15
Grounds & Buildings Spraying 620.05
Health and Sanitation:
54,609.85
2,948.00
Sewer Loan Acts 1946
600,000.00
Loans In Anticipation Bond Issue (Elec.)
100,000.00
1,899.50
Refunds :
Loans In Anticipation(Sewer)100,000.00
Receipt for Municipal Parking Lot Expansion (Merchants)
7,000.00
95
88,832.59
Scale Receipts
15.00
COMPARATIVE TAX STRUCTURE STATEMENT
1957 1958
A. Total Appropriation to be
raised by taxation.
1,191,532.12
1,279,762.73
Total Appropriation to be taken from available funds.
150,448.52
182, 311.13
1,341,980.64
1,462,073.86
B. State Requirement:
Parks & Reservations Audit
1,837.62
2,325.76
Underestimated Previous Years :
753.31
113.49
Greenhead Fly Control
4,946.96
6,560.11
C. County Requirement :
Tax
24,775.56
30,471.09
T.B.Hospital
9,539.19
8,936.00
Underestimated T.B.Hospital
County Tax
4,857.26
34,314.75
44,264.35
D. Overlay
25,804.23
25,293.77
E. Gross Amount to be Raised
1,407,046.58
1,538,192.09
F. Estimated Receipts & Available Funds :
State Income
113,175.20
111,998.77
Local Revenue
257,000.84
262,642.07
Water Revenue
79,304.00
85,823.00
Overestimates of Previous Years :
County Tex
434.74
State Parks T.B. Hospital
4,828.27
665.87
Surplus Revenue
146,948.52
176,311.13
Electric Light
16,200.00
Overlay Reserve Fund
6,000.00
Machinery Fund
3,500.00
Insurance Fund
605,191.57
659,640.81
G. Net Amount to be raised by taxation:
Poll Tax
5,162.00
5,228.00
Personal Property
47,025.15
49,902.69
Real Estate
749,667.86
823,420.56
801,855.01
878,551.25
Gross amount raised
1,407,046.58
1,538,192.09
H. Assessed Valuation
Real Estate
11,533,345.00
11,933,625.00
Personel
723,461.00
723,225.00
12,256,806.00
12,656,850.00
Parks & Reservations Audit
2,356.03
4,120.86
96
1957
1958
No. of Polls
2,581
2,614
I. Tax Rate
$65.00
$69.00
STATEMENT OF 1958 ASSESSMENT
1958 Tax Rate
$69.00 per $1,000
Persons Assessed:
Personal Estate
713
Real Estate
2532
Personal and Real Estate
276
Total 3521
Polls Assessed (Poll Tax) 2614
Value of Assessed Personal Estate:
Stock in Trade
175,370.00
Machinery
148,340.00
Live Stock
36,891.00
All other tangible Personal Property -- 1
362,624.00
Farm Animal Excise
51,925.00
Total
775,150.00
Value of Assessed Real Estate:
Land exclusive of buildings
2,141,080.00
Buildings exclusive of land
9,792,545.00
Total
11,933,625.00
Total: Value of Assessed Personal
and Real Estate
12,656,850.00
Total: Taxes Assessed for State, County and Town Purposes, including Overlay . 878,551.25
Farm Animal Excise 259.65
878,810.90
Number of Livestock Assessed:
Horses (1 year old, or over) 61
Cows (Milch)
161
Swine
31
Sheep
194
Fowl
3835
All other
I 806
I
1
I
Number of Acres of land Assessed 17730 Number of Dwelling Houses Assessed 2585
I
1
I
1
97
STATEMENT OF MUNICIPAL INDEBTEDNESS DEC. 31, 1958 GLADYS M. POOLE, TREASURER
Date of Issue
Purpose
Rate
Date of Maturity
Outstanding Dec. 31,1958
April
15, 1946
Extending Water Mains
1 1/4%
1959-1961
$ 4,800.00
October
1, 1949
Laying and Extending Water Mains
1 1/2%
1959
1,000.00
September
1, 1954
Developing a New Well Field for Water Supply
1.30 %
1959-1964
18,000.00
September
1, 1956
Laying and relaying Water Mains
3
%
1959-1970
107,000.00
September
1, 1956
Stand Pipe and Pumping Station
3
%
1959-1975
93,000.00
December
1, 1951
Enlarging or Extending Electric Light Plant
1.40 %
1959-1961
21,000.00
September
1, 1954
Additions to Electric Light System
1.30 %
1959-1963
50,000.00
December
1, 1956
Extending and Enlarging Electric Light Plant
3 1/4%
1959-1975
165,000.00
1959-1962
100,000.00
October
1, 1955
New Elementary School
2 1/4%
1963-1975
260,000.00
October
1, 1955
New Elementary School Project Act of 1948
2 1/4%
1959-1975
170,000.00
October
1, 1958
Sewerage Loan, Act of 1946
3.70 %
1959-1987
600,000.00
November
10, 1958
Municipal Garage
3.25%
1959-1966
16,000.00
Total Bonded Debt
$1,605,800.00
98
CONSOLIDATED STATEMENT OF TRUST FUNDS IN CUSTODY OF TOWN TREASURER
Name of Fund
Balance Jan. 1, 1958
Bequests
Income
Withdrawals
Balance Dec. 31, 1958
Cemeteries
$91,745.90
$3,265.00
$3,697.25
$3,525.87
$95,182.28
Hannah C. Clarke
834.45
33.41
335.88
531.98
Appleton Memorial Fountain
1,094.94
41.96
44.83
1,092.07
Eunice Caldwell Cowles
10,060.43
327.40
344.00
10,043.83
Mrs. William G. Brown
2,482.08
112.36
2,594.44
Dow Boulder Memorial
197.04
8.90
205.94
Marianna T. Jones
1,127.21
51.00
1,178.21
John C. Kimball
574.37
25.99
600.36
Mark Newman Memorial
5,498.57
248.91
5,747.48
Martha I. Savory
391.66
18.62
110.28
Stabilization
423.66
19.16
442.82
Post War Rehabilitation
1,854.73
83.95
1,938.68
Details of the above Trust Funds are available at the Town Treasurer's Office.
CHARLES E. GOODHUE, JR.
EDWARD J. MARCORELLE
GEORGE C. PARSONS
Trust Fund Commissioners
GLADYS M. POOLE
Town Treasurer
99
TRUST FUNDS IN CUSTODY OF TRUSTEES
BURLEY EDUCATION FUND
Invested Funds as of January 1, 1959:
Deposited in Salem Savings Bank
$1,284.77
Deposited in Salem Five Cents Savings Bank
1,140.05
Deposited in Ipswich Savings Bank
1,991.63
Deposited in Ipswich Savings Bank (Caldwell Fund)
2,266.01
Ipswich Co-operative Bank - Paid Up Certificate
1,000.00
$7,682.46
Income from funds for the year 1958 as follows:
Interest Salem Savings Bank
$ 42.27
Interest Salem Five Cents Savings Bank
36.98
Interest Ipswich Savings Bank
85.39
Interest Ipswich Savings Bank (Caldwell Fund)
98.11
Dividend Ipswich Co-operative Bank
32.52
$ 295.27
Expenditures :
Rent of Safe Deposit Box
5.50
Net Income
$
289.77
Wilmot E. Hall, Treasurer
BROWN SCHOOL FUND
Balance 3rd February, 1958:
$2,143.04
Salem Five Cents Savings Bank Interest to 29th January, 1959
52.66
Balance 29th January, 1959
$2,195.70
Balance 3rd February, 1958: Ipswich Savings Bank Interest to 29th January, 1959
$1,944.93
53.06
Balance 29th January, 1959
$1,997.99
J. Perry Smith, Treasurer
100
THE MANNING SCHOOL FUND
January 1, 1958 - Balance
Income from Interest and Dividends
1,484.56 16,514.46
Less Expense, rental of Safe Deposit Box Balance in Account No. 14,293 Ipswich Savings Bank
5.50
$16,508.96
Securities at Book Value:
64 shares First National Bank of Boston
$ 2,941.04
10 shares Ipswich Co-operative Bank
2,000.00
9 shares Chesapeake & Ohio R. R. preferred
746.00
16 shares Chesapeake & Ohio R. R. common
554.00
$6,600 bonds Peoria & Eastern Rwy.
6,600.00
$11,000 bonds U. S. Savings, Series G.
11,000.00
$23,841.04
Total Assets in Fund
$40,350.00
THE R. H. MANNING FUND
January 1, 1958 - Balance
$17,054.45
Income from Interest and Dividends
821.57
Balance in Account No. 7,885 Ipswich Savings Bank
$17,876.02
Securities at Book Value:
10 shares Ipswich Co-operative Bank
2,000.00
Total Assets in Fund
$19,876.02 M. Chas. Arthur, Treasurer
101
$15,029.90
RICHARD T. CRANE, JR. PICNIC FUND In custody of The New England Trust Co. and Town Treasurer
Balance January 1, 1958
$
$32,477.35
Income
1,627.14
Sale of rights
55.90
Gain on sale of securities
3,438.94
5,121.98
37,599.33
Expenses :
Agents Fee
138.00
School Picnic
1,189.10
Decrease in value of securities due to sale of rights
55.90
1,383.00
Balance December 31, 1958
$36,216.33
Securities:
Book Value
$5,000 U S A Treas 4%
5,031.25
$5,000 U S A Treas Reg 22%
5,000.00
20 Sh American Can
968.21
5 Sh American Telephone & Telegraph
870.45
38 Sh C I T Financial
902.58
25 Sh Commonwealth Edison
810.80
20 Sh Crown Zellerbach
1,149.81
5 Sh Du Pont E I De Nemours
612.50
20 Sh Fidelity Phenix Fire Insurance N Y
466.27
22 Sh First National Bank of Boston
1,030.43
15 Sh General Electric
908.27
20 Sh General Motors
826.21
10 Sh International Paper $4.00 PFD
1,027.72
20 Sh Johns Manville
910.01
25 Sh May Department Stores
1,085.96
45 Sh Niagara Mohawk Power
1,199.54
15 Sh Pacific Lighting $4.50 PFD
1,591.54
15 Sh Pennsalt Chemicals
1,036.72
40 Sh Phillips Petroleum
576.85
20 Sh Standard Oil Co of California
298.34
20 Sh Standard Oil New Jersey
1,139.85
40 Sh Tidewater Oil $1.20 PFD
1,129.95
15 Sh United States Steel
1,148.12
50 Sh Virginia Electric & Power
430.66
30 Sh Wisconsin Electric Power
981.58
$31,133.62
Cash:
On deposit New England Trust Co.
864.33
4,218.38
$36,216.33
On deposit Ipswich Savings Bank Securities and cash December 31, 1958
Charles E. Goodhue, Jr. Nathaniel M. Quint Robert M. O'Kane Gladys M Poole
Trustees
102
LIBRARY TRUST FUNDS IPSWICH PUBLIC LIBRARY Trust Funds - 1958
Book Value
Market Value
Lower of Cost or Market
Income
Treadwell Fund
$16,114.19
$24,696.26
$15,740.98
$ 785.67
Heard Fund
10,132.79
12,924.49
10,027.43
465.94
Lathrop Fund
1,854.90
1,854.90
1,854.90
54.58
Spiller Fund
1,812.05
1,808.30
1,808.30
39.91
Newman Fund
2,918.01
2,921.76
2,918.01
89.89
Building Fund
5,127.96
5,099.81
5,096.06
4.76
Total 1958
$37,959.90
$49,305.52
$37,445.68
$1,440.75
Total 1957
31,815.26
36,928.67
30,072.04
1,479.70
Increase or
$ 6,144.64
$12,376.85
$ 7,373.64
$ (38.95)
(Decrease)
103
FEOFFEES OF THE GRAMMAR SCHOOL
Financial Statement
Balance, January 1, 1958
$ 6,556.29
Income, 1958 35,802.00
42,358.29
33.012.87
Expenditures Balance, December 31, 1958
$ 9,345.42
Property held in Trust by the Feoffees December 31, 1958
Little Neck Valued at
Store Building
Cash on hand or in First National Bank, Ipswich
2,785.34
Interest earned on same 1958
126.09
2,911.43
Deposited in Ipswich Savings Bank, Farm Account Interest earned on same 1958
6,262.89 283.50
6,546.39
Cost
Present Value
54 Shares First Nat. Bank, Boston
2,685.38
4,252.50
100 # Natl.Shawmut Bank, =
2,748.63
4,875.00
Ipswich Cooperative Bank, paid up share certificate
2,000.00
2,000.00
7,434.01
11,127.50
11,127.50 $56,430.74
$5,000. was paid to the Town for support of the schools.
The following taxes were paid to the Town:
Land
Assessed value
$17,000.00
$ 1,173.00
Store
Assessed value
6,000.00
414.00
Barn
Assessed value
300.00
20.70
Cottages
Assessed value
309,650.00
21,365.85*
$22,973.55
* - This amount was prepaid to the Town by the Feoffees and in turn collected from the individual owners of the cottages.
104
$16,500.00 10,000.00 9.345.42
Deposited in Ipswich Savings Bank
Detailed Statement of Taxes Gladys M. Poole, Collector For year ending December 31, 1958
OUTSTANDING JAN. 1, 1958
COMMITMENTS
REFUNDS
COLLECTIONS
ABATEMENTS
TAX TITLES
OUTSTANDING DEC. 31, 1958
TAXES:
Poll 1958
$
$ 5,232.00
$ 4.00
$ 4,042.00
$ 1,034.00
$
$ 160.00
Personal 1958
49,944.09
37.95
45,062.77
296.10
4,623.17
Real Estate 1958
823,944.96
904.73
726,294.60
16,967.01
358.80
81,229.28
Poll 1957
162.00
128.00
32.00
2.00
Personal 1957
3,185.94
10.32
3,037.01
133.25
26.00
Real Estate 1957
51,318.85
160.73
32,446.63
419.25
221.00
18,392.70
Personal 1956
13.00
13.00
Real Estate 1956
16,739.93
175.35
240.85
221.00
$879,121.05
$1,293.08
16,453.43 $827,477.44
$19,122.46
$800.80
$104,433.15
MOTH: 1958
50.00
50.00
WATER LIENS ADDED TO TAXES :
1958
2,544.43
1,364.97
1,179.46
1957
1,592.05 2,305.78
2,305.78
$ 3,897.83
$ 2,544.43
$ 4,067.15
$ 2,375.11
MOTOR VEHICLE & TRAILER
EXCISE:
(Dec.) 2,661.19
1958
114,819.44
2,090.39
100,260.76
6,970.44
12,339.82
1957
10,610.96
16,168.43
1,273.69
25,036.83
3,016.25
1956
10.17
10.17
$10,610.96
$133,659.23
$3,364.08
$125,307.76
$ 9,986.69
$ 12,339.82
FARM ANIMAL EXCISE:
1958
259.65
253.40
6.25
1957
51.88
51.88
$ 51.88
$ 259.65
$ 305.28
$ 6.25
396.40
1,195.65
1956
$71,419.72
105
-
DETAILED STATEMENT OF DEPARTMENTAL ACCOUNTS
DEPARTMENT
OUTSTANDING JAN. 1, 1958
COMMITMENTS COLLECTIONS ABATEMENTS REFUNDS ADDED TO TAXES
OUTSTANDING DEC. 31,1958
Cemetery
$ 843.50
$10,090.82 $ 9,152.32
$ 40.00
$
$
$1,742.00
Town Property
500.00
3,141.66
3,025.00
616.66
Disability Assistance
4,938.76
4,938.76
Police -- Special
1,280.00
9,464.83
9,600.83
4.00
1,148.00
Police -- Ambulance
488.00
526.00
444.00
570.00
Veterans Services
7,279.25
7,279.25
Moth
620.05
50.00
620.05
Sidewalk
220.50
220.50
Health
3,827.36
2,941.50
749.70
136.16
Highway
127.25
31.63
31.63
127.25
Highway Machinery
543.59
718.24
1,022.59
239.24
Public Welfare
920.97
1,734.14
1,967.23
277.27
410.61
Aid to Dependent Children
376.78
555.63
874.68
57.73
Old Age Assistance
439.56
63,622.27
63,481.38
139.66
440.79
Education
72.00
20.25
62.25
30.00
Disability Assistance Adm.
447.08
447.08
50.00
106
WATER DEPARTMENT FINANCIAL STATEMENTS
Balance Sheet - December 31, 1958
Fixed Assets :
Engineering
Land
8,219.12
Levy for Note Payments and Construction
24,083.03
Pumping Station
17,830.39
Appropriation from Light Dept. for Construction
39,338.91
Storage Basin
27,693.59
Notes Payable
223,800.00
Distribution Reservoir
17,827.56
Premium on Notes
1,403.00
Bull Brook Reservoir
50,476.43
Departmental Building
2,367.97
Total Liabilities
288,624.94
Store House
178.70
Pumps & Pumping Equip.
6,607.02 Surplus:
Purification System
3,050.86
Ipswich Water Dept. Property Account
270,008.27
Pipe Lines & Distribution Mains
450,433.09
Service Pipes
146,774.06
Meters
16,242.73
Hydrants
2,366.58
Office Equipment
599.45
Shop Equipment
2,834.01
Transportation Equip.
22,033.24
Misc. Equipment
7,267.80
947,663.52
Less: Reserve for
Depreciation
354,157.92
Net Plant Investment
593,505.60
Current Assets :
Cash - Operating
9,313.95
Cash - Construction
19,267.08
Standpipe Cash
9,325.57
Cash - Well Construction
1,211.16
Accounts Receivable
18,273.54
Materials & Supplies
30,775.88
Total Current Assets
88,167.18
Total Assets
681,672.78 Total Liabilities & Surplus 681,672.78
9,314.71
Liabilities: Appropriation from Tax
New Well System
57,408.17
Reservoirs & Standpipes
98,138.04
Profit & Loss
123,039.57
107
WATER DEPARTMENT FINANCIAL STATEMENTS PROFIT AND LOSS STATEMENT
For the Year Ending December 31, 1958
Income :
Metered Sales
68,384.86
Operating Expenses:
Flat Rate Sales
14,281.25
Sale of Services
1,821.95
Sale of Supplies
5.544.10
Maint. of Reservoirs
12.13
Electricity Purchased
3,881.64
Maint. of Pumping Equip.
167.81
Purification Supplies &
Expenses
848.09
Inspection of Customers' Installations
3,405.24
General Labor
8,348.22
Maint. of Mains
1,519.14
Maint. of Services
8,971.06
Maint. of Meters
3,528.62
Maint. of Hydrants
1,628.35
Total Operating 32,461.80
Administrative Expenses :
General Office Salaries
3,513.33
General Office Supplies & Expenses
864.92
Insurance
1,658.01
Transportation Expense
1,652.37
Maint. of Gen. Structures
429.45
Misc. General Expense
936.15
Depreciation
18,389.76
Pensions
769.86
Total Administrative
28,213.85
Total Expenses Profit for 1958
60,675.65
21,573.52
Net Revenue
82,249.17
82,249.17
90,032.16
Less:Interest on Notes 6,823.00 Abatements 959.99
7,782.99
Expenses :
Maint. Water Supply Structures
151.50
108
ELECTRIC DEPARTMENT FINANCIAL STATEMENTS
Balance Sheet - December 31, 1958
Current Assets :
Cash Operating
27,036.37
Cash Construction
846.02
Consumer Deposits
10,573.39
Interest Accrued
688.05
Extending & Enlarging Electric Plant Cash 102,678.94
Cash Consumers Deposits
12,878.55
Accounts Receivable
30,061.50
Inventory Fuel Oil
4,557.33
Inventory Lub Oil
363.44
Inventory Materials and
Supplies
32,244.94
210,667.09
Approp. for Construction Repayment
1,511.06
Profit & Loss
608,323.76
Other Assets :
Land
ยท 841.20
Structures
85,639.38
Fuel System
9,281.10
Internal Combustion Engines
804,458.55
Auxiliaries 35,946.94
Electric Plant
28,748.17
Transformer Station Equip.134,607.40
Poles, Fixtures and
Overhead Conductors
301,868.81
Underground Conductor
10,903.59
Consumers Meters
64,782.98
Consumers Meter Installation
1,291.48
Line Transformers
115,432.38
Transformer Installation
1,091.64
Street Lighting Equip.
31,994.69
Office Equipment
2,669.40
Transportation Equipment 16,938.78
Laboratory Equipment 366.08
1,646,862.57
Less Reserve for Depreciation
554,433.40
1,092,429.17
Total Assets
1,303,096.26
Liabilities :
Notes Payable
336,000.00
347,261.44
Surplus :
Loans Repayment
346,000.00
955,834.82
Total Liabilities & Surplus 1,303,096.26
109
ELECTRIC LIGHT DEPARTMENT FINANCIAL STATEMENTS
PROFIT AND LOSS STATEMENT For the Year Ending December 31, 1958
Sales :
Expenditures :
Domestic Sales
239,343.03
Operating Expenses
Commercial Sales
123,346.06
Engine Labor
55,822.66
Industrial Sales
52,804.63
Engine Fuel
137,847.53
Sales to Other Utilities
43,945.20
Lubricants
4,440.04
Municipal Sales
20,470.26
Miscellaneous Revenues
6,010.18
Interest Rec. on Consumers Deposits
394.35
Maint. of Auxiliaries 430.39
Maint. Transformer Station Equipment 32.90
Total Generating 212,643.95
Distribution:
Inspect & Test Meters 2,282.96
Remove & Reset Meters
2,356.30
Remove & Reset Transformers 741.92
Maint. of Lines
52,755.42
Operation of Street Lamps
2,527.75
Total Distribution
60,664.35
Administration:
Commercial Salaries
7,689.10
Salaries of Gen. Officers
6,840.00
Other General Office Salaries
6,339.60
Gen. Office Supplies & Exp.3,404.94
Insurance
7,575.04
Pensions
769.86
Stores Expense
201.10
Transportation Expense
2,429.02
Maint. of Gen. Structures
53.34
Misc. General Expense 122.13
Depreciation 45,285.00
Total Administrative
80,709.13
Interest on Notes
6,780.93
Total Expenditures
360,798.36
Profit for 1958
97,951.79
458,750.15
458,750.15
Less :
Discounts
27,355.45
Abatements
208.11
27,563.56
Station Supplies & Exp. 3,164.42
Maint. of Station Structures 281.23
Maint. of Engines
10,624.78
486,313.71
110
Ips RIR Bay 352 1958
IPSWICH PUBLIC LIBRARY 3 2122 00161 861 4
TABLE OF CONTENTS
DEDICATION PAGE REPORTS Board of Selectmen Executive Secretary
Departmental
Finance
7
Winthrop School 42
Assessing
7
Music Supervisor 45
Purchasing
7
Art Supervisor
46
Personnel
7
Reading Supervisor 47
Legal
8
Audio Visual Director 48
Town Clerk
9 Opportunity Class Director 50
Town Meetings & Elections
9 Guidance Director 51
Veterans Services
9
School Health 51
Health
10 Athletic Director 52
Conservation Commission
11
Cafeteria Director 53
Welfare
12
High School Graduates 57
Recreation
13
The Staff 58
School Salary Schedule
Engineering
15
FINANCIAL STATEMENTS
Board of Appeals & Planning
16
Balance Sheet 67
Public Library
17
Consolidated Expenditures 70
Civil Defense
18 Detailed Expenditures 74
Shellfish
18 Comparative Tax Structure 96
Police
19 1958 Assessments 97
Fire
20 Municipal Indebtedness 98
Water
21 Trust Funds 99
Electric
22 Detailed Taxes 105
Highway
24 Water Department 109
Forestry
24 Electric Department 109
Cemetery
25
Unnumbered Page
List of Jurors
27
Departmental Telephone Numbers
2 School Committee 31
Superintendent's Report 33
3
High School Principal 36
5
Administrative Assistant 37
Burley & Shatswell School 39
THE TOWN OF IPSWICH AT YOUR SERVICE
A handy Check-List and Directory of Often-Used Town Services
Emergency - FIRE
EL 6-4321
EL 6-4343
EL 6-4343
EL 6-4366
Administration, General
Executive Secretary
E1. 6-4848
Assessments (Taxes
Assessors
E1. 6-4010
Bicycle Licenses
Police
E1. 6-4343
Bills and Accounts
Treasurer
E1. 6-3100
Birth Certificates
Town Clerk
E1. 6-4141
Burial Permits
Town Clerk
E1. 6-4141
Business Certificates
Town Clerk
E1. 6-4141
Cemeteries
Cemetery Division
E1. 6-3933
Death Certificates
Health Department
E1. 6-4900
Dog Licenses
Town Clerk El. 6-4141
Elections
Registrars of Voters
E1. 6-4141
Electric
Electric Department
E1. 6-3717
Employment
Executive Secretary
E1. 6-4848
Engineering
Engineering Department
E1. 6-5433
Entertainment Licenses
Selectmen
E1. 6-4848
Fishing & Hunting Licenses
Town Clerk
E1. 6-4141
Fuel Oil Storage
Fire Department
E1. 6-4322
Garbage Collection
Public Works Department
E1. 6-2411
Health
Health Department
E1. 6-4900
Home for Aged and Infirm
Welfare Department
E1. 6-3464
Housing
Housing Authority
E1. 6-2035
Library
Public Library
E1. 6-4646
Licenses (General)
Selectmen
E1. 6-4848
Lights, Street
Light Dept. (Office)
E1. 6-3717
Pumping Station
E1. 6-3600
Maps
Marriage Certificates
Town Clerk
E1. 6-4141
Milk Inspection
Health Department
E1. 6-4900
Mortgages, Personal Property
Town Clerk
E1. 6-4141
Mortgages, Real Estate
Assessors
E1. 6-4010
Moth Protection
Moth Division
E1. 6-3363
Municipal Pensions
Treasurer E1. 6-3100
E1. 6-3066
Old Age Assistance
Welfare Department E1. 6-3464
Park Division E1. 6-3767
Playgrounds
Playground Division
E1. 6-3767
Purchasing
Executive Secretary
E1. 6-4848
Recreation
Recreation Director
E1. 6-3767
Retirement
Treasurer E1. 6-3100
E1. 6-2411
Schools
School Department (Supt. )
E1. 6-2935
High School
E1. 6-3535
Burley
E1. 6-2666
Shatswell
E1. 6-2312
Winthrop E1. 6-2976
Nurse
E1. 6-4077
Health Department
E1. 6-4900
Water Division E1. 6-3717
Welfare Department
E1. 6-3464
Sewers Water Welfare
POLICE AMBULANCE
HOSPITAL
Rubbish Collection
Public Works Department
Municipal Finances
Accountant
Parks
Town Engineer
E1. 6-5433
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