USA > Massachusetts > Essex County > Saugus > Town annual report of Saugus 1946 > Part 16
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648.00
Repairs to Legion Building: Expenses :
Materials and Supplies
$49.62
Labor
35.00
84.62
Legion Building-Heat & Light: Expenses :
Heat and Light
300.00
Rental V. F. W. Quarters: Expenses :
Rent
414.00
World War II Honor Roll:
Expenses :
Printing and Advertising $ 13.50
Erection of Memorial
4,986.50
5,000.00
Total for Recreation and Unclassified $35,031.12
ENTERPRISE AND CEMETERIES
Water Purchase:
Expenses :
City of Lynn
$16,289.85
City of Melrose
1,012.12
Metropolitan District Comm. 18.80
$17,320.77
Water Maintenance:
Personal Services :
Collector of Water Rates
300.00
Labor
22,254.85
22,554.85*
Expenses (excluding labor) :
Pipe and Fittings
$ 338.84
Equipment and Repairs
2,965.00
Materials and Supplies
537.39
Gas and Oil
977.41
Cement and Gravel
235.89
Printing and Advertising
145.00
Stationery and Postage
357.60
Telephone
.28
Fuel
133.72
Power and Light
1,586.28
Luncheons
43.09
Recording Liens
59.50
Storage Rental
120.00
7,500.00
1946]
REPORT OF TOWN ACCOUNTANT
160
TOWN DOCUMENTS
[Dec. 31
Water Extensions :
Expenses:
Pipe and Fittings
$405.13
Gravel
34.92
Equipment and Repairs
210.05
Supplies
47.65
Gas and Oil
82.25
Fuel
20.00
800.00
*Part of appropriation titled "Public Works & Allied Divisions-Salaries only."
Lay 10" Water Main Lower Hesper Street:
Expenses :
Pipe
$2,657.62
Freight
21.53
2,679.15
Hydrants, Gates & Meters:
Expenses :
Hydrant Parts
$1,501.10
Hydrant Repairs
9.50
Anti-Freeze
30.00
Express
10.74
1,551.34
Water Services:
Expenses :
Pipe and Fittings
$1,677.49
Materials and Supplies
18.86
Gas and Oil
3.65
1,700.00
Cemetery Department:
Personal Services:
Superintendent
$ 2,950.00
Labor
13,404.92
Clerical
1,065.70
Expenses :
Materials and Supplies
1,714.32
Equipment and Repairs
1,191.51
Telephone
80.50
Light and Fuel
107.03
Gas and Oil
395.81
Printing and Advertising
113.50
Stationery and Postage
39.00
Trees and Shrubs
247.00
Sand and Loam
350.00
Bond and Insurance
50.88
Water
35.24
Use of Car
250.00
New Veterans' Lots in Riverside Cemetery: Expenses :
Plowing
$ 15.00
Supplies
3.00
Materials and Labor
1,012.00
Setting Curbing
5,600.00
Bulldozer Rental 48.00
Grading
175.00
21,995.41
6,853.00
TOWN OF SAUGUS, MASSACHUSETTS Summarized Statement of Appropriations, Disbursements and Available Funds for The Year Ending December 31, 1946
APPROPRIATION ACCOUNTS:
GENERAL GOVERNMENT:
Moderatar
Finance Committee
160.00
150.00
420.58 630.75
$ 28.12 2.25
Boail of Appeals
202.00
200,00
200,00
Board of Selectmen
2,500,00
300.00
2,800,400
2,708,41
Accounting Department
4.4.73
7,10:0.00
7.100.00
7,392.018
7.992
Registration of Town Notes
50.00
50.00
28.00
12.00
Foreclosure of Tax Titles
30.16
3,000.00
$131.00
3,108.06
3,141.31
26.7
Tax Collector
500.00
5tl0.00
166.50
33.6
10,200,00
10,200.011
10,107.80
2.24
172.61
1,017 .- Int
-1,118.35 1,770.75
20.21
Tawn Clerk
Election and Registration
6,500.00
10,01
To Sokliers' Relief
($2,400,001
3,0 $0.00
2,706.96
211.00
Public Works {Salaries]"
2,700,00
2.700.00
2,608.90
1.10
Engineering (Salarie«)*
6,204.80
5,204.80
5.204.80
250,00
250.00
250.00
Totala for General Government
$5,400,0G
$79,624.60
$545.00
$172.86
($2,000,00)
$83.743.32
$82.182.73
$558.87
$701.72
PROTECTION OF PERSONS AND PROPERII
$1.54
$40,070,50
$46,974.82
1.6R
Fire and Police Building Maintenance
3.700,00
3,70,012
1,690.67
33
Town Constable
100,00
100.00
100,00
Fire Department
62,400,00
52,100.00
62,81.00
15.10
Fire Alarm Division Forest Fires ...
200.00
$ 300.00
500.00
108.87
01.15
Building Inspector
9,400.00
1.400,00
3.100,00
Sealer of Weights and Measures
1,600.00
1.500.00
1,500.00
Gypsy Moths
8,100,00
8,100,00
7,688.71
511.29
Trow Waren
1,750.00
1.550.00
1,747.48
2.52
National Defense Committee
$2.087.77
To Departmental Pensions
($000.00)
1.487.77
37.00
1,450.77
Rationing Board
10.00
30.00
18.20
11,81
Storm Damage Emergency, June 8, 1946
2,000.00
2,000.00
1,099.14
Totals for Protection of Persons and Property
$2,665,77
$121,200.00
$2.300.00
$1.5
($400.tt0)
$125,459.27
$122,743.18
$2,710.09
HEALTII AND SANITATION:
Health Department
$16,000,00
$10,002.00
$14,571.53
$1,430.17
Vital Statistics
60,00
$10.00
70.00
68.25
1.75
Removal of Garbage
6,000.00
6,000.0lt
0,000.00
Purchase New Car-Roard of Health
1,250.00
1,250,00
1.250.00
Collection of Ashes (Salaries) " ...........
6,331.54
0,331.54
0,331.54
Collection of Ashes (Other Expenses)
000.00
600.00
600.00
Mosquito Control
850.00
850.00
850.00
Sewer Division I Maintenance Salaries)"
2.574.44
8,774.61
2,774.64
Sewer Division ( Maintenance Expense}
1,499.90
4,499,00
4,439.90
Sewer Division (Construction Salaries)
5,557.12
6,557.12
6,655.12
Sewer Division (Construction Expense)
2.442.98
2.442.98
2,442.78
Totals for Health and Sanitation
$46,366.18
$10.00
$2.00
$46,378.18
$44,945.76
$1,432.42
HIGHWAYS AND BRIDGES:
Ilighway Division (Salaries )"
$28,834.47
$7.0
$28,841.51
$28,841.19
.92
llighway ( Other Expense)
7,500.00
7 400,00
7.498.35
1.65
Highway Resurfacing
7,000.00
7.000,00
7,400.00
Highway. Grade, Oil and Sand
3.000.00
3.000.00
2,992.71
7.20
Snowand Ice wm
17,000.00
17.000.00
17,000.00
10.631.17
12,354.25
05.7
130.50
Chapter 90, Construction, Hesper Strce)
4.000.00
$1,250.00
5,250.00
5.250.00
Chapter 90, Land Damages, Sweetwater Street.
100.00
100.00
100.00
Chapter 90, Construction, Sweetwater Street.
2,000,00
2.000.00
Chapter 00, Land Damages, Central Street
1.00
2,000.00
To Publie Welfare
($1,000,00)
To Infirmary
( 1.000,00)
Resurface Guild Road
1.351.00
1,351,00
563.16
767.84
Surface Drain, Centennial Avenue
1.850.00
1.850.00
Surface Drain, Lincoln Avenue
4,900.00
4.000,00
3,586.40
1,363,60
Surface Drain, Hayden Road
950.00
950.00
0.50.00
Totals for Highways and Bridges
$116,410,47
$1,250.00
$7.04
($2.000.001
$115,073,51
$100,306.73
$973.81
$14,392.04
CHARITIES AND SOLDIERS' BENEFITS:
$70,000.00
$1,524,80
From Saugus River Dredging
$ 7,500.00
From Celebration World War II
Veterans ...
500.00
From U. S. Grants
15,738.78
From Recoveries
503.37
$125,766.90 1,483.05
$120,250.05 4,404.90
78.75
Aid to Dependent Children-Aid
9,600.00
926.42
From Celebration World War 11
3.000.00
From U. S. Grants
2,393.35
14,619.77
14,202.32
417.45
Aid to Dependent Children-Administration
700.00
S .65
From U. S. Grant
318.84
1,019.49
1,019.49
Public Welfare-Temporary Aid
15,000.00
186.20
From Chapter 90 Construction. Central Street ......
1.000.00
16,180,2G
16,111,91
74.35
Infirmary
6,100.00
100.00
From Chapter 90 Construction.
1,000,00
0,500.00
6,457.26
42.7
Soldiers' Relief
16,000.00
86.2
From Celebration World War II Veterans aması
500,00
18,586,21
18,576.68
9.53
State and Military Aid and World War II
Allowances
3,000.00
7.10
5.00
3,012.10
3,012.10
Totals for Charities and Soldiers' Benefits
$121,750.00
$407.75
$2,028.60
$65,487.94
$190,174.38
$184,034.71
$6,139.67
Schooly
$300,000,00
$84.47
$300,084.47
$300,066.07
$ 28.40
School house Repairs
10,000.00
From World War 11 Memorial
$1,000.00
11,000,00
10,396.30
3.70
Trade School Tuition ++++++
3,000.00
35.0'
Trade School Tuition 1945 Unpaid Billa
882.01
892.01
892.01
Stadium Maintenance
2,500.00
From Insurance Receipts
1,577.00
9,077.00
9,600.00
$477.00
Library
9,711.35
From County Dog Licenses .*********** 2,188,65
11,900,00
11,899.01
Totals for Schools and Libraries
$333,693.36
$84.47
$1,765.65
$338,443.48
$337,390.76
$575.72
$177.00
RECREATION AND UNCLASSIFIED:
Playgrounds
$3,000.00
$ 3,000.00
$2.979.26
$ 20.74
Departmental Pensions ..
5,321.00
From National Defense Comm ..... $ 600.00
5,021.00
5,823.35
97.69
Contributary Retirement System Judgments and Settlements
500.00
500.00
159.60
340.40
Memorial Day Exercises
000.00
600.011
517.00
Printing and Delivering Town Reports
1,400.00
$5.44
10,000.00
10,000.00
9,999.82
.15
Tax Title Validity ...
650.00
650.00
618.00
ș 9.00
Repair Roof and Door-Public Works Buildings $326,35 91.05
300.00
To Schoolhouse Repairs
(1.000,00]
1,000.00
1,000.00
Celebration for World War II Veterans
1,000.00
To A. D. C .- Aid
(3,000.00)
To Soldiers' Relief
(500,00)
World War II Honor Roll
5,000.00 7,500.00
To O.A.A .- Aid
(7,500,00}
5,000.00
5,000.00
Saugus River Dredging
Totals for Recreation and Unclassified
$ 117.40
$48,471,00
$5.4.
($11,900,00)
$36,993.84
$35,031.12
$541.94
$1.420.78
ENTERPRISE AND CEMETERIES:
Water Purchase to
$17,500.00
$17,500.00
$17,320.77
s 179.23
Water Maintenance ( Salaries)*
22,554.85
22.56-1.85
22,554.65
Water Maintenance (Other Expenses]
7,500.00
7,500.00
7.500.00
Water Extensions .....
1.800,00
1,800.00
3.479.15
1,320.85
Hydrants, Gates and Meters
3,700.00
3,700.00
1,551.34
2,148.60
Water Services
1,700,00
1,700.00
1.700.00
Water Extension-Golden Hills Road
1.250.00
Water Extension -- Hawkes Street
800.00
Cemetery' ..
19,815,17
From Inc. from Perpetunl Care
$2,684.83
22,500.00
21,905.41
504.59
New Veterans' Lot in Riverside Cemetery
$3.458.50
6,000.00
Wall Repair-Riverslde Cemetery
500.00
Fill and Grade-Riverside Cemetery
3,000.00
Totals for Enterprises and Cemeteries
$3,458.50
$89,120.02
$2,684.83
$95,263.35
$$6,329.70
$-1, 153.33
$1,780,32
INTEREST AND MATURING DEBT:
$ 1,000.00
From Res. for Payment of Sewer
$5,904.39
18,000.00
18.000.00
Interest on Temporary Loans
6,000,00
Interest on Municipal Relief Loans
67.60
Interest on Fire and Police Building Loan
377.50
Interest on Sewer Bonds .
10,065.00
Interest on Water Loans ....
1,050.00
1.050.00
1,650.00
Totuls for Interest and Maturing Debts
$29,755.61
$10,001.30
$40,060.00
$36,117,50
$4.642.50
TOTALS:
$11,834.63
$986,297.14
$4,618.10
$2,206.56
$67,842.81
$1,072,789.33
$1,029,382.19
$21,694.38
$21.772.76
Reserve Fund
6,000,00
(4,618.10)
1,481.81
1,481,81
Balance Carried Forward
$ 11,83.1.63
Annual Town Meeting Appropriations
992,297.14
Miscellaneous Credits .
70,139.37
(2,296.50)
[67,842.81)
1.029,382.19
Unexpended Balances Reverting to Surplus
Balances Carried Over to 1947
$1,074,271.14
NON-APPROPRIATION ACCOUNTS: War Bonus Fund ....
$6,676.85
From Interest
$ 28.38
$ 705.23
To Payment of Sewer Loon ..
(5,000.00)
Sale of Cemetery Land Fund
3,050.00
From Sale of Lots and Graves
.486.00
4.585.00
1,635.00
Dog License Reimbursement from County
From County
2,188.65
Reserve for Payment of Sewer Lonny
6,004.30
From Sewer Revenue
(6,504.39)
6,932.33
Reserve for Payment of Tax Title Loans
From Redemption, Low Value
48,205,8}
$43.723.41
4,482.48
Old Age Assistance Recoveries
050.71
From Recoveries
550.00
To U. S. Grant
(503.37]
To State Accounts Receivable
(479.15)
To Estimated Receipts
(224.19)
Income-Wilson Library Fund
159.81
Income Johnson Library Fund
221.33
From
Interest
166.26
380,58
230.49
160.00
Income-Kimball Library Fund
175.46
381.17
From Interest
125.00
509.17
13.00
Income-Post War Rehabilitation Fond
From Interest
218.76
To Post War Rehabilitation Fund
(218.75]
Income-Perpetual Core Fund
2,184,83
From Interest
2.852.42
To Cemeteries
2,684.63}
2,362.42
2,352.42
Guarantee Deposits-Planning Board Insurance Receipts .
9.00
From Deposits
248.00
257.00
257,00
From Insurance Settlements ..
3.801.52
To New Heating System-Roby School ...
(1,577,00)
To Surplus Revenue
(2,224.62}
$18.425.66
$41.838.97
$69.2A4.52
$44.819.42
$18.945.10
llevenur Appropilattu
Koerve
It-funds Bounce
Amount
Total
Casred thyr) Tre 1045
Annual Town Movlinu
Fund
Surplus
Planning Board
525,00
$ 8.00
100.00
0.000.00
6.815.12+
New Accounting System
14.7
G.IO
$8.5
Treasury Department ......
10,500.00
10,500,160
10,492.10
7.00
Tax Title Expense
Assessing Department
172.01 1,6-17.40
$172.41 529.11
Low Department .....
Town Counsel- Delermine Town's Rights-Water
500.00
1,364,00
137.00
7,487.00
7,486.02
.08
Town Hall
Town Building Repairs
7,344,50
7,341.70
7.341.70
Public Works (Other Expenses)
3,000.00
3,000.00
2,405.39
69-1.61
Public Safety Committee .......
75.410
75.00
39.00
30.00
Serretary {War Price and Rationing)
4-10.00
440,00
140.00
Revaluation of All Real Estate
1,8#0.00
500.00
500.00
1,350,00
1,345.23
#1,500.00
0,403.24
6.70
5,000.00
Engineering (Other Expenses)
Police Department
$46,975.00
20
*Part of Appropriation titled "Public Works and Allied Divisionn-Salarles Only" amounting 10 $73,052.04.
$ 1,000.00
$ 1,000,00
Fire anil Police Station Loan
3,000.00
3,000,00
3,000.00
Sewer Loans
7,095,61
Loans ++- From Surplus War Bonus
5.000.00
6,000.00
3,107.50
$2,892.50
67.50
67.60
$77.50
877.50
0,43
Rental-Veterans of Foreign Wors Quarters .
600.00
500.00
114,00
86.0
World War 11 Memorial Plans and Specifications
2,000.00
(500.00)
320.35
326.35
Repairs to Legion Building .....
91.0
84.62
300.00
300,00
6,853.00
2,605.50
500.00
100.00
10.0
3,000.00
2,885.18
114,82
Total Disbursements Appropriation Accounts
23,110.19
(23,116.19)
(21,772.76)
$1,074,271.14 $1,074,271.14
To Libraries
(2,188.06)
5,932.33
To Sewer Loan Account
Sales and Tax Possession Sales
18,205.83
From Interest .
51.03
211.14
27.10
184,34
175.46
107.0;
Income-Kimball Welfare Fund
.980.00
1,960.00
1,980.00
Surface Drain, Denver Street
17,500.00
17,500.00
Street Lighting
New Rond Machinery and Equipment
12,460,00
12.450,00
Chapter 90. Land Damages, Hesper Street
4,000.00
4,000.00
3,869,50
$5,616.85
Old Age Assistance Administration
2,950.00
From U. S. Grants
1.533.65
2,500,00
1,993.30
500.70
New Heating System-Roby School
7,500.00
7,700.00
7,500.00
7,000.00
1.405.44
1.405.41
.......
From Town Building Repairs. .....
2.000.00
1.00
1.00
Chanter 90, Construction, Central Street
SCHOOLS AND LIBRARIES:
Plans
3,000.00
2,964.07
1,250.00
800.00
500.00
Funds ..
9,458,50
Municipal Relief Loon .
10,065.00
10,065.00
21,772.70
2,000.00
Old Age Assistance -- Aid
OTHER CREDITS
BALANCES
Carrie
533.00
Rewew Assessors' Plans
7,360.00
Compiled by CARL E, CHAPMAN, Acting Town Accountant.
$ 705.23
6,932.33
Insurance
Legion Building-Heat and Light
1.850.00
Veterans -
Central Street
1,250.00
161
REPORT OF TOWN ACCOUNTANT
1946]
Wall Repairs-Riverside Cemetery: Expenses :
Repoint Wall 490.00
Fill and Grade-Riverside Cemetery: Expenses :
Advertising
$ 41.50
Fill
2,700.00
Equipment
103.68
Labor
40.00
2,885.18
Total for Enterprise and Cemeteries $86,329.70
INTEREST AND MATURING DEBT
Maturities :
Relief Loans $ 1,000.00
Fire and Police Station Loan ....
3,000.00
Sewer Loans
18,000.00
Tax Title Loans
43,543.11
Temporary Loans
500,000.00
$565,543.11
Interest:
On Relief Loan
$ 67.50
On F. & P. Station Loan
877.50
On Sewer Loans
10,065.00
On Tax Title Loans
1,163.54
On Temporary Loans
1,943.96
14,117.50
Total for Interest and Maturing Debt $579,660.61
AGENCY AND TRUST
Federal:
Withholding Tax Deductions $47,910.14
State:
State Tax and Assessments:
State Tax $12,600.00
Audit Municipal Accounts .... 1,730.77
Exam. Retirement System ... 256.57
Charles River Basin Loan
1,484.16
Metropolitan Parks Loan Sinking Fund 5,164.06
Metropolitan Parks-
Nantasket Maintenance
477.04
Metropolitan Parks Loan Sinking Fund Series 2 ....
103.15
Care of Civil War Veterans. 120.00
Smoke Inspection
207.33
County:
County Tax
$30,417.92
Tuberculosis Hospital Assess-
ment
9,317.86
Dog Licenses
3,383.60
Town:
Guarantee Deposits-Planning Board :
Printing and Advertising .... $205.00
Refunds
52.00
22,143.08
43,119.38
257.00
162
TOWN DOCUMENTS
[Dec. 31
Income-Wilson Library Fund:
Books
27.10
Income-Johnson Library Fund:
Books ..
230.49
Income-Kimball Library Fund: Books
68.42
Income-Post-War Rehabilitation Fund: Accrued Interest $ 218.75
Investments
25,000.00
Income-Kimball Welfare Fund: Truss
13.00
Income-Perpetual Care Funds: Adjustment 10.00
Tailings: Adjustment .25
Contributory Retirement System: Overpayment
6.46
Reinvestment of Trust Funds: Johnson Library Fund $5,000.00
Wilson Library Fund
100.00
5,100.00
Bequests :
Perpetual Care Bequests
8,687.50
Total for Agency and Trust
$152,791.57
REFUNDS
Taxes :
1945 Real Estate
$ 192.15
1946 Real Estate 1,437.60
$1,629.75
1946 Personal
80.75
Motor Vehicle Excise:
Levy of 1946
72.89
Water:
June 1946 Water Rates
34.25
Polls:
Levy of 1941
$ 4.00
Levy of 1942
4.00
Levy of 1944
10.00
Levy of 1945
12.00
Levy of 1946
88.00
118.00
Tax Titles :
Redemptions 12.73
Tax Possessions
50.00
Total for Refunds $1,998.37
Total Cash Expenditures and Refunds
$1,727,715.95
TRANSFERS
From Reserve Fund: To: Forest Fires $ 300.00
Selectmen
300.00
Storm Damage Emergency of 6/8/46 2,000.00
Infirmary 400.00
Town Reports
5.44
25,218.75
1946]
REPORT OF TOWN ACCOUNTANT
163
Accounting Department .... 100.00
Chapter 90 Construction-
Hesper Street 1,250.00
State and Military Aid 7.10
Election and Registration ...
137.00
Planning Board
8.00
Vital Statistics
10,00
A. D. C. Administration
.65
$4,518.19
From Other Sources:
To:
Old Age Assistance
$ 8,000.00
Aid to Dependent Children
3,000.00
Welfare
1,000.00
Infirmary
1,000.00
Soldiers' Relief
2,500.00
Schoolhouse Repairs
1,000.00
New Heating System-
Roby School
1,577.00
Library
2,188.65
Departmental Pensions
600.00
Cemetery
2,684.83
Sewers
10,904.39
34,454.87
Total for Transfers
Total Cash Expenditures, Refunds & Transfers.
Cash on Hand, December 31, 1946
268,856.65
Total
$2.035,536.95
RECAPITULATION OF RECEIPTS AND EXPENDITURES Cash Balance, January 1, 1946 $144,433.18
Receipts:
General Revenue $1,059,612.38
Commercial Revenue 790,221.77
Refunds
2,296.56
Transfers
1,852,130.71 38,973.06
Total Receipts, Refunds and Transfers $2,035,536.95
Expenditures :
General Government $ 82,474.73
Protection Persons & Prop- erty
122,743.18 44,945.76
Highways and Bridges
100,306.73
Charities & Soldiers' Ben- efits 184,034.71
Education and Libraries
337,390.76
Recreation and Unclassified 35,031.12
Enterprise and Cemeteries 86,329.70
Interest & Maturing Debt ..
579,660.61
Agency and Trust 152,791.57
Refunds
1,998.37
Transfers
$1,727,707.24 38,973.06
Total Expenditures, Refunds and Transfers 1,766,680.30
Cash on Hand, December 31, 1946 $268,856.65
$38,973.06 $1,766,680.30
Health and Sanitation
164
TOWN DOCUMENTS
[Dec. 31
Outstanding Bonds and Notes, Dec. 31, 1946
1938 Municipal Relief Loan Notes, Issued Under Chapter 58, Acts of 1938, November 15, 1938
Payable at National Shawmut Bank of Boston, Mass.
No. 597 Due November 15, 1947, at 21/4 % $1,000.00
No. 598 Due November 15, 1948, at 21/4 % 1,000.00
$2,000.00
1934 Fire and Police Station Loan Bonds, Issued December 31, 1934 Payable at National Shawmut Bank of Boston, Mass.
The following Bonds are registered and payable to the Commonwealth of Massachusetts:
Nos. 57-59 Due December, 1, 1947, at 314 %
$3,000.00
Nos. 60-62 Due December 1, 1948, at 31/4 %
3,000.00
Nos. 63-65 Due December 1, 1949, at 314 % 3,000.00
Nos. 66-68 Due December 1, 1950, at 314 %
3,000.00
Nos. 69-71 Due December 1, 1951, at 31/4%
3,000.00
Nos. 72-74 Due December 1, 1952, at 31/4 %
3,000.00
Nos. 75-77
Due December 1, 1953, at 314 %
3,000.00
Nos. 78-80
Due December 1, 1954, at 31/4 %
3,000.00
$24,000.00
1938 Sewer Loan Bonds, Issued May 1, 1948 (W.P.A. Project No. 16218-Saugus, Mass.) Payable at National Shawmut Bank of Boston, Mass.
Nos. 49-54 Due May 1, 1947, at 234 %
$6,000.00
Nos. 55-60 Due May 1, 1948, at 234 %
6,000.00
Nos. 61-66 Due May 1, 1949, at 23/4 %
6,000.00
Nos. 67-71 Due May 1, 1950, at 234% 5,000.00
Nos. 72-76 Due May 1, 1951, at 23/4 %
5,000.00
Nos. 77-81
Due May 1, 1952, at 234 %
5,000.00
Nos. 82-86
Due May 1, 1953, at 23/4 %
5,000.00
Nos. 87-91
Due May 1, 1954, at 234 %
5,000.00
Nos. 92-96
Due May 1, 1955, at 234 %
5,000.00
Nos. 97-101
Due May 1, 1956, at 234 %
5,000.00
Nos. 102-106
Due May 1, 1957, at 234 %
5,000.00
Nos. 107-111
Due May 1, 1958, at 234 %
5,000.00
Nos. 112-116
Due May 1, 1959, at 23/4 %
5,000.00
Nos. 117-121
Due May 1, 1960, at 234 %
5,000.00
Nos. 122-126
Due May 1, 1961, at 234 %
5,000.00
Nos. 127-131 Due May 1, 1962, at 234 %
5,000.00
Nos. 132-136
Due May 1, 1963, at 234 %
5,000.00
$88,000.00
1946]
REPORT OF TOWN ACCOUNTANT
165
1938 Sewer Loan Bonds Issued September 1, 1938 (P.W.A. Docket No. 1422-F)
Registered and Payable to Commonwealth of Massachusetts
Nos. 97-108 Due September 1, 1947, at 234 %
$12,000.00
Nos. 109-120 Due September 1, 1948, at 234 %
12,000.00
Nos. 121-132 Due September 1, 1949, at 234 %
12,000.00
Payable at National Shawmut Bank of Boston, Mass.
Nos. 133-144 Due September 1, 1950, at 234 %
$12,000.00
Nos. 145-156 Due September 1, 1951, at 234 %
12,000.00
Nos. 157-168
Due September 1, 1952, at 234% 12.000.00
Nos. 169-180
Due Spetember 1, 1953, at 234 % 12,000.00
Nos. 181-192 Due September 1, 1954, at 234 %
12,000.00
Nos. 193-204 Due September
12,000.00
Nos. 205-216 Due September
1, 1955, at 234 % 1, 1956, at 234 %
12,000.00
Nos. 217-228 Due September 1, 1957, at 234% 12,000.00
Nos. 229-240 Due September
1, 1958, at 234 %
12,000.00
Nos. 241-252
Due September 1, 1959, at 234 %
12,000.00
Nos. 253-264
Due September
1, 1960, at 234 %
12,000.00
Nos. 265-276 Due September 1, 1961, at 234 %
12,000.00
Nos. 277-288
Due September 1, 1962, at 234 %
12,000.00
Nos. 289-300
Due September 1, 1963, at 23/4 %
12,000.00
Nos. 301-312
Due September
1, 1964, at 234 %
12,000.00
Nos. 313-324
Due September 1, 1965, at 234 %
12,000.00
Nos. 325-336
Due September 1, 1966, at 234 %
12,000.00
Nos. 337-348
Due September 1, 1967, at 234 %
12,000.00
Nos. 349-359
Due September 1, 1968, at 234 %
11,000.00
$263,000.00
Tax Title Notes
Payable to the Commonwealth of Massachusetts
No. 771 Due November 18, 1947, at 1% $37,548.67
No. 772 Due December 1, 1947, at 1% 50,000.00
$87,548.67
Outstanding Temporary Loans in Anticipation of Taxes (Merchants National Bank)
No. 767 Dated April 15, 1946 Due April 11, 1947, at .55% .... $50,000.00
No. 768 Dated April 15, 1946 Due April 11, 1947, at .55% ...
50,000.00
No. 769 Dated April 15, 1946 Due April 11, 1947, at .55% ... 50,000.00
No. 770 Dated April 15, 1946 Due April 11, 1947, at .55% .... 50,000.00
$200,000.00
Statement of Total Bonded Indebtedness
1938 Relief Loan
$ 2,000.00
1934 Fire and Police Station Loan
24,000.00
1938 Sewer Loan (May) $ 88,000.00
1938 Sewer Loan (September) 263,000.00
351,000.00
Total Bonded Indebtedness
$377,000.00
166
TOWN DOCUMENTS
[Dec. 31
STATEMENT OF OTHER INDEBTEDNESS OUTSTANDING DECEMBER 31, 1946
Year of Loan
TAX TITLE LOANS
1933
$165,000.00
1934
80,000.00
1935
82,600.00
1936
157,000.00
1937
75,000.00
1938
75,000.00
1939
100,000.00
1940
50,000.00
1941
50,000.00
1942
none
1943
none
1944
none
1945
none
1946
none
Total Tax Title Loans
$834,600.00
-Less-
Repaid:
1933
$34,424.40
1934
61,804.28
1935
70,261.48
1936
70,032.46
1937
53,793.67
1938
66,851.20
1939
57,741.78
1940
56,827.76
1941
65,116.15
1942
45,746.82
1943
48,632.97
1944
36,558.22
1945
35,717.03
1946
43,543.11
Total Payments (deduct)
747,051.33
Total Outstanding Tax Title Loans 12/31/46
$87,548.67
RECAPITULATION OF TOWN INDEBTEDNESS
Bonded Debt:
Inside Debt Limit $166,280.00
Outside Debt Limit 210,720.00
Total Bonded Debt
Total Tax Title Loans
$377,000.00
87,548.67
Net Funded or Fixed Debt $464,548.67 Temporary Loans Outstanding 200,000.00
Total Town Indebtedness
$664,548.67
167
REPORT OF TOWN ACCOUNTANT
1946]
Table of Town Debt, December 31, 1946, Showing Annual Payments of Principal to Be Raised- 1947 to 1968 Inclusive
Fire & Police
Relief Loan
Station
Sewer Loan Sewer Loan
of Nov. 15/38 21/4%
Loan of
Dec. 1/34
of May 1/38 Sewer Loan
of Sept. 1/38 234 %
TOTALS
1947
$1,000.00
$3,000.00
$6,000.00
$12,000.00
$22,000.00
1948
1,000.00
3,000.00
6,000.00
12,000.00
22,000.00
1949
3,000.00
6,000.00
12,000.00
21,000.00
1950
3,000.00
5,000.00
12,000.00
20,000.00
1951
3,000.00
5,000.00
12,000.00
20,000.00
1952
3,000.00
5,000.00
12,000.00
20,000.00
1953
3,000.00
5,000.00
12,000.00
20,000.00
1954
3,000.00
5,000.00
12,000.00
20,000.00
1955
5,000.00
12,000.00
17,000.00
1956
5,000.00
12,000.00
17,000.00
1957
5,000.00
12,000.00
17,000.00
1958
5,000.00
12,000.00
17,000.00
1959
5,000.00
12,000.00
17,000.00
1960
5,000.00
12,000.00
17,000.00
1961
5,000.00
12,000.00
17,000.00
1962
5,000.00
12,000.00
17,000.00
1963
5,000.00
12,000.00
17,000.00
1964
12,000.00
12,000.00
1965
12,000.00
12,000.00
1966
12,000.00
12,000.00
1967
12,000.00
12,000.00
1968
11,000.00
11,000.00
$2,000.00
$24,000.00
$88,000.00
$263,000.00
$377,000.00
Annual Payments of Interest to Be Paid 1947 to 1968 Inclusive on Above Loans
Due in:
1947
$45.00
$780.00
$2,337.50
$7,232.50
$10,395.00
1948
22.50
682.50
1,172.50
6,902.50
9,780.00
1949
585.00
2,007.50
6,572.50
9,165.00
1950
487.50
1,856.25
6,242.50
8,586.25
1951
390.00
1,718.75
5,912.50
8,021.25
1952
292.50
1,581.25
5,582.50
7,456.25
1953
195.00
1,443.75
5,252.50
6,891.25
1954
97.50
1,306.25
4,922.50
6,326.25
1955
1,168.75
4,592.50
5,761.25
1956
1,031.25
4,262.50
5,293.75
1957
893.75
3.932.50
4,826.25
1958
756.25
3,602.50
4,358.75
1959
618.75
3,272.50
3,891.25
1960
481.25
2,942.50
3,423.75
1961
343.75
2,612.50
2,956.25
1962
206.25
2,282.50
2,488.75
1963
68.75
1,952.50
2,021.25
1964
1,622.50
1,622.50
1,292.50
1.292.50
1965
962.50
962.50
1966
632.50
632.50
1968
302.50
302.50
$67.50
$3,510.00
$19,992.50
$82,885.00
$106,455.00
31/4 %
TOWN OF SAUGUS, MASSACHUSETTS Balance Sheet as of December 31, 1946
ASSETS
Cash:
General:
In Banks and Office $268,856.65
Special Deposits: Surplus War Bonus 705.23
Advance for Petty Cash:
Tax Collector 100.00
$269,661.88
Accounts Receivable : Taxes :
Levy of 1945: Personal
$
46.88
Levy of 1946:
Real Estate
94,838.61
Personal
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