USA > Massachusetts > Essex County > Swampscott > Town annual report of Swampscott 1918 > Part 16
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4,500 00
$286,500 00
Water Bonds and Notes Paid.
Fifth Issue .
$27,000 00
Sixth Issue .
3,000 00
Seventh Issue
600 00
Eight Issue .
500 00
Ninth Issue .
2,500 00
Tenth Issue .
2,000 00
Eleventh Issue
4,500 00
Twelfth Issue
1,100 00
Thirteenth Issue .
1,000 00
Fourteenth Issue
500 00
Fifteenth Issue
500 00
$43,200 00
Total Bonds Outstanding
$243,300 00
Less Sinking Fund
92,272 OI
Net Water Debt
$151,027 99
Water Bonds and Notes Due in 1919.
Fifth Issue .
$3,000 00
Sixth Issue
500 00
Seventh Issue
100 00
Eighth Issue
100 00
Ninth Issue
500 00
Eleventh Issue
1,500 00
Twelfth Issue
500 00
Thirteenth Issue
500 00
Fourteenth Issue
500 00
Fifteenth Issue
500 00
$7,700 00
Second Issue, Acts of 1898 . Third Issue, Acts of 1898 Fourth Issue, Acts of 1898 Fifth Issue, Acts of 1909 Sixth Issue, Acts of 1912 Seventh Issue, Acts of 1912
208
TOWN DOCUMENTS.
[Dec. 31
Sewer Bonds and Notes Issued to January 1, 1919.
Issued.
Paid.
Series A
. $120,000 00
$48,000 00
Series B
4,000 00
1,600 00
Series C
40,000 00
16,000 00
Series D
20,000 00
8,000 00
Series F
13,000 00
6,000 00
Series G
12,000 00
5,000 00
Series H
14,000 00
8,000 00
Series 1911, A
8,500 00
7,000 00
Series 1911, B
3,100 00
3,100 00
Series December 30, 1911
4,000 00
4,000 00
Series May 1, 1912
8,000 00
1,500 00
Series December 1, 1912
700 00
600 00
Series July 1, 1913
7,500 00
2,500 00
Series October 1, 1914 .
22,700 00
6,700 00
Series May 1, 1915
24,000 00
3,000 00
Series May 1, 1916
29,150 00
3,000 00
Series November 1, 1916
9,200 00
1,200 00
Series May 1, 1917
6,500 00
500 00
$348,996 00 $128,346 00
Sewer Bonds and Notes outstanding
220,650 00
Sewer Bonds and Notes Due in 1919.
Series A
$3,000 00
Series B
100 00
Series C
1,000 00
Series D
500 00
Series F
1,000 00
Series G
1,000 00
Series H
1,000 00
Series 1911, A
1,000 00
Series May 1, 1912
250 00
Series December 1, 1912
100 00
Series July 1, 1913
500 00
Series October 1, 1914 .
1,000 00
Series May 1, 1915
1,000 00
Series 1916
2,000 00
Series 1917
500 00
$13,950 00
Town Debt January 1, 1919.
Permanent Improvement Bonds
. $265,700 00
Water Bonds
243,300 00 ·
Sewer Bonds
. 220,650 00
$729,650 00
Less Water Sinking Fund
92,272 OI
$637,377 99
Series September 1, 1912
2,646 00
2,646 00
$348,996 00
1918]
James W. Libby, Treasurer Pro Tem.
In account with the Town of Swampscott, for the year ending Decem- ber 31, 1918.
Balance January 1, 1918
$35,944 06
RECEIPTS.
Cemetery Department.
Sale of lots
$2,022 00
Care of lots
74 00
2,096 00
County of Essex, dog tax
$457 43
Police ambulance
350 00
Sewer Department .
324 00
Park Department
290 20
Poor Department
228 19
Police Department
207 36
Library Trustees
191 60
Town Clerk
187 00
Rentals
187 00
Joanna Morse Library Fund
128 99
Telephones
IIO 77
School Department .
76 50
Town Hall
64 00
Licenses : automobile, carriage, jitney and elevator
63 00
Sealer of Weights and Measures
60 36
Phillips' Medal Fund
36 35
Fire Department
21 00
Sale of waste paper
II 67
Rebate, liability insurance
10 00 -
Refund, soldiers' relief
8 00
Health Department .
8 00
Refund, refuse and'garbage
6 00
3,027 42
U. S. Treasury, interest on Liberty Bonds of Municipal Insurance Fund .
140 00
Commonwealth of Massachusetts.
Income tax
. $92,611 84
National Bank tax
17,439 09
Corporation tax, public service
3,697 28
Military aid
2,716 00
Corporation tax, business
923 76
Tuition of children
124 50
Temporary aid
102 06
Aiding mothers with dependent children
93 33
Trustees for hospitals for consumptives
43 57
Amount carried forward,
$41,207 48
14
.
209
TREASURER'S REPORT.
210
TOWN DOCUMENTS.
[Dec. 31
Amount brought forward,
$41,207 48
Burial of paupers . · 10 00
Educational Independent Industrial Schools, 5 69
117,767 12
Temporary Loans.
Anticipation of revenue
275,000 00
Notes Issued.
Sewer, general debt .
7,500 00
N. G. Bubier, Tax Collector.
Taxes
· $293,239 89
Sewer taxes
893 43
Tax titles, sales
13 05
Tax titles, sales (interest) ·
2 52
Reimbursement advertising tax titles
.
33 75
294, 182 64
Sidewalks and Curbing .
348 98
Interest on bank deposits
$2,776 45
Premiums on notes sold .
20 03
Accrued interest on notes sold
4 69
2,801 17
Total
$738,807 39
Total Warrants paid
708,610 76
Balance December 31, 1918
$30,196 63
Water Department.
Balance, January 1, 1918 .
$760 34
Received from Commissioners
43,319 33
Interest on Bank Deposits
95 51
$44,175 18
Total Warrants paid
44,127 35
Balance December 31, 1918
$47 83
1918]
TREASURER'S REPORT.
2II
Trust Funds.
Joanna Morse Library Fund.
Balance on hand, January 1, 1918
$7,131 85
Dividends
324 52
$7,456 37
Withdrawn
1 28 99
Balance, December 31, 1918
$7,327 38
Cemetery Investment Fund.
Balance, January 1, 1918 .
$8,307 22
Dividends
367 01
Deposited for care of lots
2,022 00
$10,696 23
Withdrawn
74 00
Balance, December 31, 1918
$10,622 23
Phillips' School Medal Fund.
Balance, January 1, 1918 .
$1,718 60
Dividends
71 95
Withdrawn
36 35
Balance, December 31, 1918
$1,754 20
A. F. Nesbitt Private Cemetery Fund.
Balance, January 1, 1918 .
$230 45
Dividends
10 56
$241 01
Withdrawn
3 00
Balance, December 31, 1918
$238 0I
A. F. Nesbitt, General Cemetery Fund.
Balance, January 1, 1918 .
$267 II
Dividends
12 15
Balance, December 31, 1918
$279 26
· High School Alumni Fund.
Balance, January 1, 1918 .
$1,616 67
Dividends
70 II
Balance, December 31, 1918
$1,686 78
$1,790 55
212
TOWN DOCUMENTS.
[Dec. 31
Mary L. Thomson Library Fund.
Deposited, March 19, 1918
$1,000 00
Dividend .
22 50
Balance, December 31, 1918
$1,022 50
Municipal Insurance Fund.
Second Liberty Loan of 1917, Registered
Bonds
$3,500 00
Interest received on Bonds and deposited in Bank
140 00
Total of Fund, December 31, 1918
$3,640 00
213
TAX COLLECTOR'S REPORT.
19[8]
Nathan G. Bubier, Collector of Taxes, in Account Current with the Town of Swampscott.
1916.
DR.
Uncollected moth assessment
$114 16
Uncollected sidewalk assessment
714 30
Uncollected sewer assessment
28 42
Uncollected taxes ·
18,790 40
Interest on taxes at 6 per cent. from January 1, 1918, to Jan- uary 1, 1919 .
1,810 60
$21,457 88
CR.
Cash paid Town Treasurer, on moth assessment .
$110 16
Cash paid Town Treasurer, on sidewalk assessment
578 13
Cash paid Town Treasurer, on sewer assessment 28 42
Cash paid Town Treasurer, on taxes
18,318 80
Interest on taxes at 6 per cent. from January 1, 1918, to Janu- ary 1, 1919
1,SI0 60
Tax Titles taken for Town of Swampscott, real estate and moth
55 75
Abatements on moth assessment
3 25
Abatements on sidewalk assessment
136 17
Abatements on taxes
416 60
$21,457 88
214
TOWN DOCUMENTS.
[ Dec. 31
Nathan G. Bubier, Collector of Taxes, in Account Current with the Town of Swampscott.
1917. DR.
Uncollected moth assessment .
$389 90
Uncollected sidewalk assessment
555 98
Uncollected sewer assessment
120 18
Uncollected taxes ·
44,807 92
Interest on taxes at 6 per cent. from January 1, 1918, to January 1, 1919 .
1,292 74
$47,166 72
CR.
Cash paid Town Treasurer, on moth assessment
$264 15
Cash paid Town Treasurer, on sidewalk assessment
344 34
Cash paid Town Treasurer, on sewer assessment
77 15
Cash paid Town Treasurer, on taxes
29,345 44
Abatements on moth assessment
50
Abatements on taxes
41 00
Uncollected moth assessment
124 25
Uncollected sidewalk assessment
211 64
Uncollected sewer assessment .
43 03
Uncollected taxes
15,421 48
Interest on taxes at 6 per cent. from January 1, 1918, to January 1, 1919 .
1,292 74
$47,166 72
215
TAX COLLECTOR'S REPORT.
1918]
Nathan G. Bubier, Collector of Taxes, in Account Current with the Town of Swampscott.
1918
DR.
State tax .
$34,760 00
Metropolitan Park tax
8,151 80
Charles River Basin tax
1,794 07
State Highway tax
2,209 23
Municipal Accounts tax
425 05
County tax
24,644 37
Town tax .
204,227 32
Moth tax
1,833 75
Sidewalk assessment
2.053 92
Sewer assessment
3,124 37
Supplementary tax
75 38
Excise tax
1,159 23
Overlay
2,376 80
Interest on taxes at 6 per cent. from October 15, 1918, to January 1, 1919
157 60
$286,992 89
CR.
Cash paid Town Treasurer on moth tax
$1,547 00
Cash paid Town Treasurer on sidewalk assessment
1,245 35
Cash paid Town Treasurer on sewer assessment
1,087 05
Cash paid Town Treasurer on taxes
239,175 10
Abatements on moth tax
2 00
Abatements on sidewalk assessment
134 42
Abatements on taxes
925 57
Uncollected moth tax
284 75
Uncollected sidewalk assessment
674 15
Uncollected sewer assessment .
2,037 32
Uncollected taxes
-
38,563 35
Uncollected excise tax
1,159 23
Cash paid Town Treasurer for interest on taxes at 6 per cent. from October 15, 1918, to January 1, 1919 . 157 60
$286,992 89
216
TOWN DOCUMENTS.
[Dec. 31
In Memoriam
GEORGE A. CROSMAN
Selectman
Died March 31, 1918
FRANK O. ELLIS
School Committee
Died August 15, 1918
ADELBERT S. HAMMOND
Policeman
Died December 13, 1918
F. WALKER JOHNSON Finance Committee
Died September 29, 1918
LOUIS J. KEZER
Fireman
Died November 28, 1918
217
BUREAU OF STATISTICS REPORT.
1918]
THE COMMONWEALTH OF MASSACHUSETTS BUREAU OF STATISTICS STATE HOUSE, BOSTON
January 20, 1919.
To the Board of Selectwen. Mr. Henry S. Baldwin, Chairman, Swamp- scott, Massachusetts:
GENTLEMEN,-I submit herewith my report of an audit of the accounts of the town of Swampscott for the period from July I to December 31, 1918, made in accordance with the provisions of Chapter 598 of the Acts of 1910 as amended.
The report is in the form of a report to me by Mr. Edward H. Fenton, Chief Examiner of this Bureau, who was placed in charge of the work.
Very truly yours, CHARLES F. GETTEMY, Director.
Mr. Charles F. Gettemy, Director, Bureau of Statistics, State House, Boston:
SIR,-As directed by you, I have made the semi-annual audit of the accounts of the Town of Swampscott for the period from July 1 to December 31, 1918, and report as follows :
The financial transactions of the several departments, as recorded on the books of the Town Accountant, were examined and checked ; the cash book entries were compared with the warrants authorizing payments and with the Treasurer's statements of receipts ; journal entries were examined, and ledger postings verified. The classification book, showing in detail the functional classification of receipts and disbursements, was examined, and expenditures from each appropriation were checked with the ledger totals ; the ledger was footed, a trial balance was taken off, proving the same to be in balance, and a balance sheet was prepared, showing the financial condition of the town.
The books and accounts in the treasurer's office were examined, and the cash book was footed. The recorded receipts were compared with the records of the several departments making payments to the Treasurer, also with the returns made to the Town Accountant. and the disburse- ments were compared with the Selectmen's Warrants authorizing pay- ments. The cash balance was proved by reconciling the bank accounts with the bank statements.
218
TOWN DOCUMENTS.
[Dec. 31
The bank deposits for payment of debt and interest coupons were veri- fied by comparison with the cancelled securities and coupons on file, and the bank balance proved to be in agreement with the interest coupons which had not been presented for payment.
The savings banks' books and securities belonging to the several funds in the custody of the Treasurer were examined and found to be as recorded.
The accounts of the Tax Collector were examined and checked, the out- standing taxes and assessments were listed and reconciled with the books in the Accountant's office, and the recorded payments to the Treas- urer were verified by comparison with the Treasurer's books. The abatements were checked with the Assessors' records and with the Accountant's books.
The records showing receipts of the Town Clerk, the janitor of the Town Hall, and the Sealer of Weights and Measures, were examined and compared with the receipts from these departments as shown by the books of the Treasurer and Town Accountant.
The books of the Health Department were examined; the records of licenses issued were checked, and, with the exception of one small pay- ment made to the Treasurer early in the year, the receipts were repre- sented by cash in the department safe. In this connection, it should be noted that all moneys collected by department officials should be paid over to the Treasurer at least once a month.
The books of the Water and Sewerage Board were examined and checked, the cash book was footed and checked to the commitment book, and reported payments to the Treasurer were compared with the books of the Treasurer and Accountant. The commitments of accounts receivable were checked and the outstanding accounts were listed and reconciled with the Accountant's ledger.
In checking the accounts, it was found that $250 had been transferred from the sinking fund to the water income to provide cash for paying the running expenses of the department, a practice which is in strict violation of the statutes providing for the handling of sinking funds, and which is contrary to the provisions of Chapter 719, Acts of 1913, prohibiting the borrowing of money for current expenses. This money should be returned at once to the sinking fund and the practice should not be resorted to again.
Appended to this report are tables showing a reconciliation of the Treasurer's cash and of the debt and interest coupon account, also sum- maries, trust and investment fund accounts. A balance sheet as of December 31, 1918, is likewise included.
To the several town officers who greatly assisted me in my work while I was engaged in making the audit, I wish to express, on behalf of my assistants and for myself, my appreciation of the co-operation received and assistance rendered.
Respectfully submitted,
EDWARD H. FENTON,
Chief Examiner.
1918]
RECONCILIATION OF CASH AND BANK ACCOUNTS. General Account.
Balance December 31, 1918, per cash book
$30,196 63
Central National Bank.
Balance December 31, 1918, per
statement .
$20,718 08
Less outstanding checks, per list, 2,444 05
$18,274 03
Security Trust Company.
Balance December 31, 1918, per statement
$9,912 67
Less outstanding checks, per list,
3 46
9,909 21
Manufacturers' National Bank.
Balance December 31, 1918, per statement .
$3,727 78
Less outstanding checks, per list, 1,714 39
2,013 39
$30,196 63
Water Account.
Balance December 31, 1918, per cash book
$47 83
Essex Trust Company, per statement
$12,399 24
Less outstanding check .
12,351 41
$47 83
Debt and Interest Account.
Balance December 31, 1918, Commonwealth Trust Co.
$122 50
Coupons due and not presented for payment :
Sewer loan, due September 1, 1918, Nos. 16 and 17 . · Water loan, due August 1, 1918, Nos. 52-54 and 85-87
$17 50
105 00
$122 50
Balance December 31, 1918, First National Bank, Coupons due and not presented for payment :
$495 00
Humphrey street loan, due October 1, 1918, Nos. 160-164.
$225 00
Humphrey street loan, due December 1, 1918, Nos. 58, 59 and 82.
60 00
Water loan, due November 1, 1918, No. 82 · Sewer loan, due November 1, 1918, Nos. 305, 320 and 330-334
10 00
130 00
School loan, due November 1, 1918, Nos. 69, 73 and 74 60 00
Sidewalk loan, due November 1, 1918, No. 300, 10 00
$495 00
219
BUREAU OF STATISTICS REPORT.
220
TOWN DOCUMENTS.
[Dec. 31
Taxes, 1916.
Outstanding July 1, 1918, per accountant's ledger, $5,557 45
Moth assessments, credited in error 25
$5,557 70
Paid Treasurer
$5,454 90
Abatements
47 80
Tax sales
.
55 00
$5,557 70
Taxes, 1917.
Outstanding July 1, 1918, per accountant's ledger,
$31,096 82
Paid Treasurer ·
$15,675 28
Outstanding December 31, 1918, per list .
15,421 54
$31,096 82
Taxes, 1918
Commitment
. $278,588 64
Additional commitment
53 10
Excise tax .
1,166 57
Abatement after payment, refunded .
40 00
Duplicate abatement
16 50
$279,864 81
Paid Treasurer
. $237,083 56
Abatements
982 07
Outstanding December 31, 1918, per list
41,799 18
$279,864 81
Moth Assessments, 1916.
Outstanding July 1, 1918, per accountant's ledger,
$50 93
Paid Treasurer
$49 93
Credited to taxes in error
25
Tax sales
75
$50 93
Moth Assessments, 1917.
Outstanding July 1, 1918, per accountant's
ledger
$341 85
Paid Treasurer
$217 85
Outstanding December 31, 1918, per detailed list,
124 00
$341 85
Moth Assessments, 1918.
Commitment
$1,833 75
Paid Treasurer
$1,537 00
Abatements
2 00
Outstanding December 31, 1918, per detailed list .
294 75
$1,833 75
1918]
BUREAU OF STATISTICS REPORT.
221
Sewer Assessments, 1917. (Apportioned).
Outstanding July 1, 1918, per accountant's ledger Paid Treasurer
$50 64
Outstanding December 31, 1918, per detailed list . .
58 91
$109 55
Sewer Assessments, 1918. (Apportioned).
Commitment
$3,124 37
List in excess of commitment
20
$3,124 57
Paid Treasurer
$1,087 05
Outstanding December 31, 1918 per detailed list,
2,037 52
3,124 57
Sewer Assessments. (Unapportioned).
Outstanding July 1, 1918, per accountant's
ledger
$2,518 69
Error in commitment .
34 69
Abatement after payment
25 00
$2,578 38
Commitment
$2,453 64
Abatements
50 00
Outstanding December 31, 1918, per detailed list,
74 74
$2,578 38
Sidewalk Assessments, 1917.
Outstanding July 1, 1918, per accountant's ledger,
$166 18
Paid Treasurer
$72 54
Outstanding December 31, 1918, per detailed list,
93 64
$166 18
Sidewalk Assessments, 1918.
Commitment
$2,076 20
Paid Treasurer
$1,230 90
Abated .
45 18
Outstanding December 31, 1918, per detailed list,
800 12
$2,076 20
Water Accounts.
Outstanding July 1, 1918, per accountant's
ledger .
$13,243 59
Transfer from Sinking Fund
250 00
Commitments
11,963 50
Paid Treasurer
$18,367 75
Outstanding December 31, 1918, per detailed
7,089 34
$25,457 09
$25,457 09
list .
$109 55
222
TOWN DOCUMENTS.
[Dec. 31
Town Clerk.
Cash on hand January 1, 1918 $25 00
RECEIPTS.
Auctioneers' licenses, 3 @
$2.00
$6 00
Pool licenses,
2 @
2.00
4 00
Bowling alley licenses, I @
2.00
2 00
Junk licenses,
2 @
75.00
150 00
162 00
$187 00
Paid Treasurer
$187 00
Sealer of Weights and Measures.
Cash on hand January 1, 1918
$13 03
Receipts .
47 33
Paid Treasurer
$60 36
Health.
Cash on hand January 1, 1918
$5 50
RECEIPTS.
Milk licenses,
42 @ $0.50
$21 00
Oleo licenses,
7 @
.50
3 50
Pedlars' licenses,
3 @
.50
1 50
Pedlars' licenses,
4 @ 14.00
56 00
Sales
2 00
84 00
$89 50
Paid Treasurer
$8 00
Cash on hand December 31, 1918 .
81 50
$89 50
Water Loan Sinking Fund.
Savings Deposits.
Securities.
Total.
On hand at beginning of year
$315 73 $88,700 00
$89,015 73
On hand at end of year .
.
$672 0I $91,600 00 $92,272 OI
RECEIPTS.
Sale of securities
$1,100 00
Transfer from revenue
100 00
Income
3,443 II
Total
$4,643 1I
$60 36
1918]
BUREAU OF STATISTICS REPORT.
223
PAYMENTS.
Securities purchased
$4,000 00
Accrued interest on securities purchased
36 83
Deposited in Savings banks
356 28
Transfer to water revenue
250 00
Total
$4,643 11
Phillips School Medal Fund.
Savings Deposits.
On hand at beginning of year
$1,718 60
Total. $1,718 60
On hand at end of year
1,754 20
1,754 20
RECEIPTS.
Income
$71 95
Total
$71 95
PAYMENTS.
Savings deposits .
$35 60
Expended .
36 35
Total
$71 95
Joanna Morse Library Fund.
Savings Deposits.
Total.
On hand at beginning of year
$7,131 85
$7,131 85
On hand at end of year
7,327 38
7,327 38
RECEIPTS.
Income
$324 52
Total
$324 52
PAYMENTS.
Savings deposits .
$195 53
Expended
128 99
Total
$324 52
Mary L. Thomson Library Fund.
Cash in General
Savings Deposits.
On hand at beginning of year
$1,000 00
Total. $1,000 00
On hand at end of year .
$1,022 50
$1,022 50
RECEIPTS.
Income
$22 50
Cash on hand at beginning of year
1,000 00
Total
$1,022 50
.
Treasury.
224
TOWN DOCUMENTS.
[Dec. 31
PAYMENTS.
Savings deposits
$1,022 50
Total
$1,022 50
Mary Ingalls Hodge Library Fund.
Cash in General Treasury.
Total.
On hand at beginning of year · $1,000 00 $1,000 00
RECEIPTS.
Cash on hand at beginning of year
$1,000 00
Total
$1,000 00
PAYMENTS.
Transferred to Library Building Fund
. $1,000 00
Total
$1,000 00
A. F. Nesbitt Fund (General.)
Savings Deposits.
Total.
On hand at beginning of year
$267 II
$267 II
On hand at end of year
279 26
279 26
RECEIPTS.
Income
$12 15
Total
$12 15
PAYMENTS.
Savings deposits
$12 15
Total
$12 15
A. F. Nesbitt Cemetery Fund (Private.)
Savings Deposits.
Total.
On hand at beginning of year
$230 45
$230 45
On hand at end of year
238 01
238 0I
RECEIPTS.
Income
$7 56
Total ·
$7 56
PAYMENTS.
Savings deposits .
$7 56
Total
$7 56
1918]
BUREAU OF STATISTICS REPORT.
225
Cemetery Lots Investment Fund.
Savings Deposits.
Total.
On hand at beginning of year
$8,307 22
$8,307 22
On hand at end of year
. $10,622 23
$10,622 23
RECEIPTS.
Sale of lots
$2,022 00
Income
367 0I
Total
$2,389 0I
PAYMENTS.
Savings deposits
$2,315 0I
Expended
74 00
Total
$2,389 01
Municipal Insurance Fund.
Cash in General Securities and Savings Deposits.
Total.
On hand at beginning of year
$402 00
$3,500 00
$3,902 00
On hand at end of year .
402 00
3,640 00
4,042 00
RECEIPTS.
Income
$140 00
Cash on hand at beginning of year '
402 00
Total
$542 00
PAYMENTS.
Savings deposits
$140 00
Cash on hand at end of year
402 00
Total .
$542 00
Treasury.
·
15
226
TOWN DOCUMENTS. [Dec. 31
TOWN OF SWAMPSCOTT.
Deferred Revenue Accounts.
ASSETS.
Apportioned assessments-not due $2,743 52
$2,743 52
Debt Accounts.
Water Loan Sinking Funds
$92,272 0I
Net Funded or Fixed Debt .
. 637,377 99
$729,650 00
$729,650 00
Trust and Investment Accounts.
Trust and Investment Fund :
$24,883 58 Securities
$24,883 58
1918]
TOWN OF SWAMPSCOTT. Deferred Revenue Accounts. LIABILITIES.
Apportioned Sewer Assessments :
Due in 1919
$408 25
Due in 1920
393 60
Due in 1921
253 49
Due in 1922
237 48
Due in 1923
225 87
Due in 1924
216 72
Due in 1925
207 92
Due in 1926
73 72
Due in 1927
74 53
$2,091 58
Apportioned Sidewalk Assessments :
Due in 1919
$281 68
Due in 1920
.
206 19
Due in 1921
.
.
.
136 28
Due in 1922
.
27 79
651 94
$2,743 52
Debt Accounts.
Permanent Improvement Loans .
. $265,700 00
Sewer Loans
220,650 00 ·
Water Loans (Serial) .
93,300 00
Water Loan (Sinking Fund)
. 150,000 00
$729,650 00
$729,650 00
Trust and Investment Accounts.
Phillips School Medal Fund :
Principal .
$1,000 00
Income
754 20
Joanna Morse Library Fund :
Principal .
$5,196 00
Income
2,131 38
Mary L. Thomson Library Fund :
Principal
$1,000 00
Income
22 50
A. F. Nesbitt Private Cemetery Fund :
Principal
$200 00
Income
38 0I
A. F. Nesbitt General Cemetery Fund :
Principal .
$200 00
Income .
79 26
Cemetery Lots Investment Fund :
Principal .
.
$9,513 16
Income
.
1,109 07
10,622 23
Municipal Insurance Fund :
Principal .
$3,500 00
Income
140 00
3,640 00
$24,883 58
.
$1,754 20
7,327 38
1,022 50
238 0I
279 26
227
BUREAU OF STATISTICS REPORT.
228
TOWN DOCUMENTS.
[Dec. 31
TOWN OF SWAMPSCOTT.
Balance Sheet - December 31, 1918.
General Accounts.
ASSETS.
Cash :
In Banks
$30,244 46
Accounts Receivable :
Taxes :
Levy of 1917 .
· $15,421 54
Levy of 1918 .
41,799 18
57,220 72
Special Assessments :
Moth, 1917
$124 00
Moth, 1918
294 75
418 75
Sidewalks, 1917
$93 64
Sidewalks, 1918
800 12
893 76
Unapportioned sewer .
$74 74
Apportioned sewer, 1917
58 91
Apportioned sewer, 1918
2,037 32
2,170 97
Water rates, etc.
7,089 34
Tax titles held by town
$320 96
Property taken for taxes
309 61
630 57
Loans authorized
11,500 00
Overdrawn Accounts :
Fire Department . ·
$242 04
Interest on temporary loans
1,041 37
Overlay, 1916
47 80
1,331 21
$111,499 78
229
BUREAU OF STATISTICS REPORT.
1918]
TOWN OF SWAMPSCOTT.
Balance Sheet - December 31, 1918.
General Accounts.
LIABILITIES.
Temporary Loans :
Anticipation of Revenue .
$50,000 00
Premium on Notes and Bonds
20 03
Municipal Insurance Fund
402 00
Unexpended Balances :
Equipment Sewer Pumping Station
$3,100 00
Library Building Fund
368 59
Parks
75 00
Pensions
50 00
Water Department
47 83
General Debt
409 38
Appropriations from loans
26,519 87
Reserve Fund Overlay Surplus .
30,570 67 3,095 92
Overlay Reserved for Abatements :
Levy of 1917
$428 88
Levy of 1918
1,034 43
Water revenue reserved for Water Department when collected .
$6,839 34
Reserved for Sinking Fund
250 00
7,089 34
Surplus Revenue :
Property taken for taxes
$309 61
Tax titles ·
.
320 96
Excess and Deficiency .
.
18,227 94
1,463 31
18,858 51
$111,499 78
230
TOWN DOCUMENTS.
[Dec. 31
Warrant for Town Meeting Monday, February 17, 1919.
ESSEX SS.
To either of the Constables of the Town of Swampscott in said County, GREETING :
In the name of the Commonwealth of Massachusetts, you are directed to notify the inhabitants of the Town of Swampscott, qualified to vote in elections and in Town affairs, to assemble in the Town Hall, in said Swampscott, on Monday, the seventeenth day of February, at 6 A.M., then and there to act on the following articles, viz. :
ARTICLE I. To choose a Moderator for one (1) year. To choose a Town Clerk for one (1) year.
To choose three members of the Board of Selectmen for one (1) year.
To choose one member of the Board of Assessors for three (3) years.
To choose a Town Treasurer for one (1) year. To choose'a Collector of Taxes for one (1) year.
To choose one member of the Board of Trustees of the Public Library for three (3) years.
To choose one member of the School Committee for three (3) years.
To choose one member of the Overseers of the Poor for three (3) years.
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