USA > Massachusetts > Essex County > Swampscott > Town annual report of Swampscott 1920 > Part 19
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29,862 47
754 32
29,616 18
1,583 0I
582 40
Highways and Bridges . . . .
94,399 84
10,000 00
96,163 23
8,549 47
312 86
Charities and Soldiers' Benefits,
9,300 00
8,596 37
803 42
99 79
Schools and Libraries .
97,435 00
97,428 73
18 29
12 02
Recreation and Unclassified . .
19,330 65
17,217 02
2,238 82
125 19
Public Service Enterprises .
52,949 87
52,025 15
930 91
6 19
Agency . .
69,740 23
69,740 23
Interest and Maturing Debt . . 406,787 70
325,001 36
81,786 34
Non-Revenue
180,292 06
2,480 05
124,564 15
58,207 96
$1,056,853 38 $13,734 37 $901,715 63 $155,954 61 $6,146 61
The following bills are reported unpaid at the close of the year as required by Section 4, Chapter 624 of the Acts of 1910.
Town Hall
$121 17
Engineering
47 92
Police
184 78
Health
22 00
School
1,350 57
Park . .
180 40
Poor .
203 49
Library
28 87
$2,139 20
Respectfully submitted,
ARTHUR C. WIDGER,
Town Accountant.
SWAMPSCOTT, December 31, 1920.
236
TOWN DOCUMENTS.
[Dec. 31
TOWN OF SWAMPSCOTT.
Balance Sheet, December 31, 1920.
Cash :
In Banks and Offices
$130,486 52
Uncollected Taxes, 1917
$2 26
Uncollected Taxes, 1918
2 00
Uncollected Taxes, 1919
11,412 41
Uncollected Taxes, 1920 .
53,186 02
64,602 69
Uncollected Moth, 1918
$2 25
Uncollected Moth, 1919
68 54
Uncollected Moth, 1920
215 45
286 24
Uncollected Sidewalk, 1918
$0 10
Uncollected Sidewalk, 1919
88 90
Uncollected Sidewalk, 1920
216 63
305 63
Uncollected Sewer Bills
256 62
Uncollected Sewer Apportioned, 1918
$195 54
Uncollected Sewer Apportioned, 1919
235 56
Uncollected Sewer Apportioned, 1920
367 78
798 88
Water Accounts Receivable
8,874 52
Property taken for taxes
$309 61
Tax Titles
.
542 73
852 34
Overdrawn Accounts :
Legislative
$98 20
Selectmen
197 00
Auditing .
23 80
Assessors' Valuation Book
214 02
Election and Registration
1,080 51
Engineering
69 45
Town Hall
408 59
Town Hall Repairs
566 43
Police
1,719 79
Fire .
35 52
Sealer Weights and Measures
41 92
Forest Warden
164 34
Refuse and Garbage .
545 90
Health Nurse .
36 50
Street Water and Oiling
229 03
Burrill Street Fence
83 83
.
237
Soldiers' Relief
99 79
Library
12 02
Insurance
45 19
Commissioners' Trust Funds
80 00
Cemetery . ·
6 19
Certification Notes and Bonds
301 31
6,059 33
$212,522 77
Debt.
Net Bonded Debt
·
. $702,780 14 · 104,869 86
Water Loan Sinking Fund
-
807,650 00
Trust Funds.
4
Cash and Securities
$21,068 33 .
Cash and Securities Income
5,201 21
$26,269 54
Sidewalks and Sewers.
Apportioned not due
.
$1,829 12
1920]
ACCOUNTANT'S REPORT.
238
TOWN DOCUMENTS.
[Dec. 31
TOWN OF SWAMPSCOTT.
Balance Sheet, December 31, 1920.
Accounts Current.
Cost on Property taken for Taxes
$410 50
Premium on Notes and Bonds
935 88
Special Revenue
209 70
Water Department Revenue
8,874 52
Reserve from Overlay
1,699 45
Overlay, 1918
6 00
Overlay, 1919 .
1,114 45
Overlay, 1920
2,648 88
Excess and Deficiency
47,597 97
Loans in Anticipation of Revenue .
75,000 00
Revenue.
Dog Officer
$144 00
Street Lighting
748 05
Curbing Puritan Road
425 00
Continuous Sidewalks
3,488 75
Library Building Fund
368 59
Park .
75 00
Municipal Insurance
402 00
Victory Celebration
1,879 60
Water Department Balance
93º 91
Interest on Loans in Anticipation Revenue
1,666 56
Interest on General Debt
3,207 40
Interest on Sewer Bonds
1,503 00
General Debt
.
409 38
Non Revenue.
Emergency Water ·
$2,488 08
Machon School Building
45,294 02
Burpee Road Sewer .
1,841 92
Humphrey Street Sewer .
1,848 63
Belmont Avenue Water Main . Columbia Street Water Main
922 26
Bellevue Road Water Main
· 80 96
Superior Street Water Main
39 95
Huron Street Water Main
105 59
Mapledale Place Water Main Burpee Road Water Main
1,171 09
Aspen Road Water Main
2,207 38
Magnolia Road Water Main
1,181 77
High School Addition
21 31
15,248 24
199 69
826 62
1920]
ACCOUNTANT'S REPORT.
239
Humphrey Street Widening
$531 32
Macadam Pavement .
7 40
Humphrey Street Macadam
77
Cedar Hill Terrace .
I 97
Military Equipment .
6 45
$58,777 18
$212,522 77
Accounts.
Permanent Improvement Notes
. $344,100 00
Sewer Bonds, Serial
· 206,350 00
Water Bonds, Serial
· 107,200 00
Water Bonds, Sinking
· 150,000 00
$807,650 00
Joanna Morse Library Fund
$5,196 00
Phillips School Medal Fund
1,000 00
A. F. Nesbitt, Cemetery Fund, Private
200 00
A. F. Nesbitt, Cemetery Fund, General .
200 00
Cemetery Lots Fund
7,972 33
Municipal Insurance Fund
3,500 00
Mary L. Thomson Library Fund
1,000 00
Ellen R. Whittle Library Fund
2,000 00
$21,068 33
Phillips School Medal Fund Income
$840 32
Cemetery Lots Fund Income .
1,575 93
Municipal Insurance Fund Income
440 98
A. F. Nesbitt, Cemetery Fund Income
105 21
A. F. Nesbitt, Cemetery Fund Income
53 99
Joanna Morse Library Fund Income
1,911 91
Mary L. Thomson Fund Income
139 70
Ellen R. Whittle Income
133 17
$5,201 21
Apportioned Sewer, 1921-1929
$1,573 94
Apportioned Sidewalk, 1921-1924 ·
255 18
$1,829 12
240
TOWN DOCUMENTS.
[Dec. 31
Nathan G. Bubier, Collector of Taxes, in Account Current with the Town of Swampscott.
1919.
DR.
Uncollected moth assessment .
$175 24
Uncollected sidewalk assessment
161 37
Uncollected sewer assessment .
505 19
Uncollected taxes
30,468 14
Uncollected excise tax
874 93
Interest on taxes at 6 per cent. from January 1, 1920, to January 1, 1921
756 48
$32,941 35
CR.
Cash paid on moth tax
$131 70
Cash paid on sidewalk assessment .
72 47
Cash paid on sewer assessment
269 63
Cash paid on taxes .
20,258 81
Interest on taxes, at 6 per cent. from January 1, 1920, to January 1, 1921
756 48
Abatements on taxes
261 20
Uncollected moth tax ,
43 54
Uncollected sidewalk assessment
88 90
Uncollected sewer assessment
235 56
Uncollected excise tax (in litigation )
874 93
Uncollected taxes
9,948 13
$32,941 35
241
TAX COLLECTOR'S REPORT.
1920]
Nathan G. Bubier, Collector of Taxes, in Account Current with the Town of Swampscott.
1918.
DR.
Uncollected moth tax
$161 75
Uncollected sidewalk assessment
190 77
Uncollected sewer assessment
1,084 15
Uncollected taxes
12,823 70
Interest on taxes at 6 per cent. from January 1, 1920, to Janu- ary 1, 1921
1,211 90
$15,472 27
CR.
Cash paid on moth tax
$152 75
Cash paid on sidewalk assessment .
179 87
Cash paid on sewer assessment
819 71
Cash paid on taxes .
12,337 20
Cash paid for interest on taxes at 6 per cent. from January I,
1920, to January 1, 192 I
1,21I 90
Abatements on moth tax
6 75
Abatements on sidewalk assessment
IO 80
Abatements on sewer assessment
68 90
Abatement on taxes
486 50
Uncollected moth tax
2 25
Uncollected sidewalk assessment
IO
Uncollected sewer assessment (uncollectible according to town counsel)
195 54
$15,472 27
16
242
TOWN DOCUMENTS.
[Dec. 31
Nathan G. Bubier, Collector of Taxes, in Account Current with the Town of Swampscott.
1920.
DR.
State tax
$38,220 00
County tax
22,565 98
State tax (special)
1,801 80
Charles River Basin tax
1,624 15
Metropolitan Park tax
8,154 02
Eastern Massachusetts Street Railway tax
362 51
State Highway tax .
918 85
Sewer assessment
915 84
Sidewalk assessment
831 58
Moth tax
1,721 30
Town tax .
273,902 53
Overlay
4,500 00
Poll tax
9,850 00
Poll tax (supplementary)
170 00
Supplementary tax .
363 69
Interest on taxes at 6 per cent. from Oct. 15, 1920, to Jan. I,
1921
193 15
$366,518 00
CR.
Cash paid on moth tax
$1,506 55
Cash paid on sidewalk assessment .
417 32
Cash paid on sewer assessment
523 22
Cash paid on poll tax
9,692 00
Cash paid on taxes
298,073 II
Cash paid on interest on taxes at 6 per cent. from Oct. 15, 1920, to Jan. I, 1921
193 15
Abatements on moth tax .
3 65
Abatements on sidewalk assessment
106 07
Abatements on sewer assessment
58 58
Abatements on poll tax
183 00
Abatements on taxes
1,658 57
Uncollected moth tax
211 IO
Uncollected sidewalk assessment
308 19
Uncollected sewer assessment .
372 63
Uncollected poll tax .
155 00
Uncollected taxes
53,055 86
$366,518 00
.
Municipal Account tax
422 60
243
BUREAU OF STATISTICS REPORT.
1920] :
THE COMMONWEALTH OF MASSACHUSETTS Dept. of Corporations and Taxation DIVISION OF ACCOUNTS STATE HOUSE, BOSTON
FEBRUARY 4, 1921.
To the Board of Selectmen, Mr. Henry S. Baldwin, Chairman, Swampscott, 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, 1920, made in accordance with the provisions of Section 35, Chapter 44, of the General Laws. This report is in the form of a report to me by Mr. Edward H. Fenton, Chief Examiner of this Division, who was placed in charge of the work.
Very truly yours, THEODORE N. WADDELL, Director of Accounts.
Mr. Theodore N. Waddell, Director of Accounts, Department of Cor- porations and Taxation, State House, Boston :
SIR,- I have made an audit of the accounts of the town of Swampscott for the period from July I to December 31, 1920, and submit the following report thereon :
The records of the financial transactions of the several departments were examined and reconciled with the books in the accountant's office.
The books in the accountant's office were checked, the appropriation accounts were verified with the records of the town clerk, and the reported receipts were compared with the treasurer's books and the payments with the warrants and bills on file.
The committed accounts, together with the abatements on the same, were checked to the departments making the commitment or authorizing the abatement.
The ledger postings were checked to the cash book, the classification book was proved to the ledger accounts, and a balance sheet, which is appended to this report, was prepared.
The balance sheet shows that the town is in a splendid financial condi- tion, but it also shows that a number of accounts have been overdrawn. The amount of these overdrafts should be provided for by an appropria- tion from the surplus revenue, and in the future all departments should be required to live within the amounts granted for their use.
244
TOWN DOCUMENTS.
[Dec. 31
The books and accounts of the treasurer were examined, the reported receipts being compared with the records of the departments making pay- ments to the treasurer and with the accountant's books, and the payments being checked with the warrants authorizing them. In addition the pay- ments on account of debt and interest were checked with the amounts falling due and with the cancelled bonds, notes and coupons on file.
The cash in the bank was reconciled with the bank statements and was found to correspond with the treasurer's books.
The sinking and trust funds in the custody of the treasurer were checked, and the securities and cash on deposit were found to be as called for by the books.
Tables showing a reconciliation of cash and a summary of the funds are appended to this report.
The books and accounts of the collector of taxes were checked, the collections as shown by the commitment book being proved to the cash book and to the payments to the treasurer. The abatements were checked with the records of abatements granted, and the outstanding accounts were listed and reconciled with the accountant's books.
The books and accounts of the water and sewerage board were examined. The receipts were compared with the payments to the treasurer, and the outstanding accounts were listed and checked to the accountant's books.
Tables showing a summary of the accounts are appended to this report.
The receipts for licenses issued by the town clerk, charges for sealing and testing scales by the sealer of weights and measures, and receipts by the health and the library departments were checked and compared with the treasurer's and the accountant's books.
Tables showing a summary of the accounts are appended to this report.
It has been the custom for certain departments to pay bills out of their receipts. This practice should be discontinued and all receipts should be turned into the treasury, as required by the provisions of Section 35, Chapter 41 of the General Laws. To meet certain small charges, I would recommend that an advance, as petty cash, be made to departments from the treasury, this advance to be accounted for by receipted vouchers or a return of the cash at a stated time.
While engaged in making the audit, I received the usual co-operation from the several town officials and was assisted in my work by having placed at my disposal all books and records asked for. On behalf of my assistants and for myself, I wish to express my appreciation for the assistance rendered.
Respectfully submitted,
EDWARD H: FENTON, Chief Examiner.
245
BUREAU OF STATISTICS REPORT.
1920]
RECONCILATION OF TREASURER'S CASH.
Cash on hand July 1, 1920 :
General
$15,818 70
Water
4,133 31 $19,952 0I
Receipts July I to December 31, 1920 :
General
. $683,608 76
Water
.
21,691 93
705,300 69
$725,252 70
Payments July I to December 31, 1920 :
General
· $569,871 85
Water
24,894 33
$594,766 18
Cash balance December 31, 1920 :
General
. $129,555 61
Water
930 91
130,486 52
$725,252 70
Bank balance December 31, 1920 :
Central National Bank $18,231 53
Manufacturers' National Bank 15,368 97
Merchants' National Bank . 61,345 OI
Security Trust Company
34,610 10
$129,555 61
Security Trust Company, water,
930 91
$130,486 52
Central National Bank.
Balance December 31, 1920, per bank statement
$18,267 03
Balance December 31, 1920, per check book .
$18,231 53
Outstanding check, per list
35 50
$18,267 03
Manufacturers' National Bank.
Balance December 31, 1920, per bank statement . $15,443 77
Balance December 31, 1920, per check book .
$15,368 97
Outstanding checks, per list
74 80
$15,443 77
Merchants' National Bank.
Balance December 31, 1920, per bank statement . $61,498 31
Balance December 31, 1920, per check book .
$61,345 OI
Outstanding checks 153 30
$61,498 31
246
TOWN DOCUMENTS.
[Dec. 31
Security Trust Company.
Balance December 31, 1920, per bank statement,
$35,839 45 Balance December 31, 1920, per check book ·
$34,610 10
Outstanding checks 1,229 35
$35,839 45
Security Trust Company, Water.
Balance December 31, 1920, per bank statement, $930 91
Balance December 31, 1920, per check book ·
$930 91
RECONCILIATION OF BOND AND INTEREST COUPON ACCOUNT.
Commonwealth Trust Company.
Balance July 1, 1920
$87 50
Deposits July I to December 31, 1920
10,952 50
$11,040 00
Notes and bonds paid .
$7,500 00
Coupons paid
3,513 75
Balance December 31, 1920, per bank statement . 26 25
$11,040 00
Coupons due and not presented for payment :
Sewer loan due September 1, 1915 .
$17 50
Sewer loan due September 1, 1920, No. 30 8 75
$26 25
First National Bank ..
Balance July 1, 1920
$4,188 25
Deposits July I to December 31, 1920
14,564 25
$18,752 50
Notes and bonds paid .
$13,400 00
Coupons paid .
5,332 50
Balance December 31, 1920, per bank statement, 20 00
$18,752 50
Coupons due and not presented for payment :
Schoolhouse loan due August 1, 1920, No. 64, $20 00
$20 00
Taxes, 1917.
Outstanding July 1, 1920, per ledger .
$2 26
Outstanding December 31, 1920, per list
$2 26
247
BUREAU OF STATISTICS REPORT.
1920]
Taxes, 1918.
Outstanding July 1, 1920, per ledger .
$1,006 36
Adjustments, July audit
82 40
Overpayment (page 22, line 15)
6 00
Abatements, adjusted .
4 00
Unlocated difference .
8 00
$1,106 76
Payments to treasurer
$893 26
Tax title deeds
78 00
Abatements
119 50
Outstanding December 3.1, 1920, per list
16 00
$1,106 76
Taxes, 1919.
Outstanding July 1, 1920, per list
$20,064 86
Unlocated difference
IO 75
$20,075 61
Payments to treasurer .
$8,459 05
Abatements .
193 40
Credited on commitment book (page 42, line 27) not on cash book · ·
49 00
Outstanding December 31, 1920, per list
11,374 16
$20,075 61
Taxes, 1920.
Commitment
. $362,322 44
Additional commitment
495 10
Moth credited as taxes
50
Moth abatement credited as taxes
I5 1
Overpayment (duplicate entry) .
IO 35
Unlocated difference
2 42
$362,831 96
Payments to treasurer .
. $307,765 II
Abatements .
1,838 12
Taxes credited as sidewalk .
29 94
Outstanding December 31, 1920, per list
53,198 79
$362,831 96
Moth Assessments, 1918.
Outstanding July 1, 1920, per ledger
$9 69
Adjustment, July audit
06
$9 75
Payments to treasurer .
$6 00
Tax title deeds
I 50
Outstanding December 31, 1920, per list
2 25
$9 75
248
TOWN DOCUMENTS.
[Dec. 31
Moth Assessments, 1919.
Outstanding July 1, 1920, per ledger
$146 54
Payments to treasurer
$78 00
Credited on commitment book (page 42, line 2) not on cash book
1 00
Outstanding December 31, 1920, per list
67 54
$146 54
Moth Assessments, 1920.
Commitment
$1,721 30
Sewer assessments credited as taxes
4 85
Overpayment (duplicate entry) .
2 00
$1,728 15
Payments to treasurer
$1,506 55
Abatements
2 50
Moth credited as taxes
1 15
Moth abatement credited as taxes
50
Outstanding December 31, 1920, per list
217 45
$1,728 15
Sidewalk Assessments, 1918.
Outstanding July 1, 1920, per ledger .
$48 16
Adjustment, July audit
$48 06
Outstanding December 31, 1920, per list
IO
$48 16
Sidewalk Assessments, 1919.
Outstanding July 1, 1920, per ledger .
$135 20
Payments to treasurer .
$46 30
Outstanding December 31, 1920, per list
88 90
$135 20
Sidewalk Assessments, 1920.
Commitment
$831 58
Taxes credited as sidewalks
29 94
$861 52
Payments to treasurer .
$514 07
Abatements .
106.07
Sidewalks credited as sewers
24 75
Outstanding December 31, 1920, per list
216 63
$861 52
Apportioned Sewer Assessments, 1918.
Outstanding July 1, 1920, per ledger
$338 39
Payments to treasurer
$41 61
Abatements . ·
68 90
Adjustment, July audit
32 34
Outstanding December 31, 1920, per list
195 54
$338 39
249
BUREAU OF STATISTICS REPORT.
1920]
Apportioned Sewer Assessments, 1919.
Outstanding July 1, 1920, per ledger
$363 17
Overpayment (page 14, line II) .
23
$363 40
Payments to treasurer .
$127 61
Outstanding December 31, 1920, per list
235 79
$363 40
Apportioned Sewer Assessments, 1920.
Commitment
$915 84
Additional commitment
38 59
Sidewalks credited as sewer
24 75
$979 18
Payments to treasurer
$547 97
Abatements .
58 58
Sewers credited as moth
4 85
Outstanding December 31, 1920, per list
367 78
$979 18
Unapportioned Sewer Assessments.
Outstanding July 1, 1920, per ledger
$317 68
Overpayment
20 00
$337 68
Abatements .
$61 06
Outstanding December 31, 1920, per list
276 62
$337 68
Town Clerk's Department.
RECEIPTS.
Auctioneers' licenses,
3 @ $2.00
$6 00
Bowling license,
I @
2.00
2 00
Billiards and pool licenses,
6 @ 2.00
12 00
Junk licenses
3 @ 75.00
225 00
Itinerant vendor's license,
I @ 25.00
25 00
$270 00
Payments to treasurer,
$270 00
Health Department. RECEIPTS.
Pedlars' licenses,
I @ $14.00
$14 00
Pedlars' licenses,
I @
50
50
Oleo licenses,
7 @ 50
3 50
Milk store licenses,
34 @
50
17 00
Milk dealers' licenses,
17 @
50
8 50
Animal licenses,
41 @ 1.00
41 00
$84 50
250
TOWN DOCUMENTS.
[Dec. 31
Payments to treasurer .
$28 50.
. . Expended for office stationery and postage . .
7 25
Cash on hand December, 31, 1920
48 75
$84 50
Sealer of Weights and Measures Department.
Bills issued for services
$62 76
Amount paid treasurer
$51 81
Uncollected bills
2 51
Cash on hand December 31, 1920
8 44
$62 76
Library Department.
Cash on hand January 1, 1920 .
$52 12
Receipts January I to December 31, 1920, (fines, sales, etc. )
371 78
$423 90
Payments to treasurer
$323 67
Expenditures for postage, express, etc.
56 52
Cash on hand December 31, 1920 .
43 71
$423 90
Water Department Accounts Receivable.
Outstanding July 1, 1920, per ledger .
.
$14,257 25
Commitments July 1 to December 31, 1920
16,129 27
Correction of commitment .
95
$30,387 47
Payment to treasurer .
$21,499 48
Adjustment, July audit
13 47
Outstanding December 31, 1920, per list
8,874 52
$30,387 47
Water Loan Sinking Fund.
Savings Bank Deposits
Securities Total
On hand at beginning of year
$479 79
$97,800 00 $98,279 79
On hand at end of year .
419 86 104,450 00
104,869 86
RECEIPTS.
Income
$6,660 63
Withdrawn from savings bank
59 93
Total
$6,720 56
PAYMENTS.
Securities purchased
$6,650 00
Accrued interest and express
.
70 56
Total
. $6,720 56
251
BUREAU OF STATISTICS REPORT.
1920]
Phillips School Medal Fund.
Savings Bank Deposits.
Total.
On hand at beginning of year
$1,797 47
$1,797 47
On hand at end of year
$1,840 32
$1,840 32
RECEIPTS.
Income
$81 75
Total
PAYMENTS.
Deposits in savings bank
$42 85
Expended .
38 90
Total
$81 75
Joanna Morse Library Fund.
Saving Bank Deposits.
Total.
On hand at beginning of year
$7,497 26
$7,497 26
On hand at end of year
$7,107 91
$7,107 91
RECEIPTS.
Withdrawn from savings bank
$389 35
Income
341 14
Total
$730 49
Expended
$739 49
Total
$730 49
Mary L. Thomson Library Fund.
On hand at beginning of year
$1,III 50
$1,11I 50
On hand at end of year
$1,139 70 $1,139 70
RECEIPTS.
Income
$50 24
Total
$50 24
PAYMENTS.
Deposited in savings bank .
$28 20
Expended
2204
Total
$50 24
.
Savings Bank Deposit.
Total.
PAYMENTS.
$81 75
252
TOWN DOCUMENTS.
[Dec. 31
Ellen R. Whittle Library Fund.
Victory Loan Bonds.
Savings Bank Deposits. Total.
On hand at beginning of year. ·
$2,000 00
$36 80 $2,036 80
On hand at end of year .
$2,000 00
$133 17 $2,133 17
RECEIPTS.
Income
$96 37
Total
$96 37
Deposited in savings bank
$96 37
Total
$96 37
A. F. Nesbitt Cemetery Fund (General).
Savings Bank Deposits.
Total.
On hand at beginning of year
$291 95
$291 95
On hand at end of year
$305 21
$305 21
RECEIPTS.
Income
$13 26
Total
$13 26
PAYMENTS.
Deposited in savings bank
$13 26
Total
$13 26
A. F. Nesbitt Cemetery Fund (Private).
Savings Bank Deposits
Total
On hand at beginning of year
$245 83
$245 83
On hand at end of year
253 99
253 99
RECEIPTS.
Income
$11 16
Total
$11 16
PAYMENTS.
Deposited in savings bank
$8 16
Expended .
3 00
Total
$11 16
PAYMENTS.
253
BUREAU OF STATISTICS REPORT.
1920]
Cemetery Lots Investment Fund.
Savings Bank Deposits
Total
On hand at beginning of year
$8,228 15
On hand at end of year
9,548 26
$8,228 15 9,548 26
RECEIPTS.
Sale of lots
$2,031 25
Income
356 26
Total .
$2,387 51
PAYMENTS.
Deposited in savings bank
$1,320 II
Transferred to improvement account
940 40
Expended . .
127 00
Total
. $2,387 51
Municipal Insurance Fund.
Cash.
Securities and Savings Bank Deposits.
Total.
On hand at beginning of year · $402 00*
$3,784 74
$4,186 74
On hand at end of year .
$402 00*
$3,940 98 $4,342 98
RECEIPTS.
Income .
$156 24
Total .
$156 24
PAYMENTS.
Deposited in savings bank
$156 24
Total . ·
$156 24
* In general cash balance.
.
254
TOWN DOCUMENTS.
[Dec. 31
TOWN OF SWAMPSCOTT
Balance Sheet-December 31, 1920.
General Accounts.
ASSETS.
Cash :
In Banks.
$130,486 52
Accounts receivable :
Taxes :
Levy of 1917
$2 26
Levy of 1918 .
2 00
Levy of 1919
11,412 41
Levy of 1920
53,186 02
64,602 69
Special Assessments :
Moth, 1918
$2 25
Moth, 1919
68 54
Moth, 1920
215 45
286 24
Sidewalks, 1918
$
IO
Sidewalks, 1919
88 90
Sidewalks, 1920
216 63
305 63
Unapportioned Sewer .
$256 62
Apportioned Sewer, 1918
195 54
Apportioned Sewer, 1919
235 56
Apportioned Sewer, 1920
367 78
1,055 50
Property taken for Taxes £
$309 61
Tax Titles held by Town
542 73
852 34
Water Rates, etc .
8,874 52
Appropriations overdrawn
6,059 33
$212,522 77
Deferred Revenue Accounts.
Apportioned Assessments not due
$1,829 12
$1,829 12
255
BUREAU OF STATISTICS REPORT.
1920]
TOWN OF SWAMPSCOTT
Balance Sheet-December 31, 1920.
General Accounts.
LIABILITIES.
Temporary Loans :
Anticipation of Revenue
Premium on Notes and Bonds
$75,000 00 935 88
Unexpended Balances :
General Purposes
$5,249 39
Municipal Insurance Fund
402 CO
Victory Celebration
1,879 60
Water
930 91
Interest .
6,376 96
Debt
409 38
Appropriation from Loans
58,777 18
Reserve Fund Overlay Surplus
74,025 42 1,699 45
Overlay Reserved for Abatements :
Levy of 1918
$6 00
Levy of 1919
1, 114 45
Levy of 1920 .
2,648 88
3,769 33
Water Revenue (Reserved for Water Department
when collected)
8,874 52
Special Revenue Reserve
209 70
Surplus Revenue :
Property taken for Taxes
$309 61
Tax titles
542 73
Excess and Deficiency .
47,156 13
48,008 47
$212,522 77
Deferred Revenue Accounts.
Apportioned Sewer Assessments, due 1921 to 1929,
$1,573 94
Apportioned Sidewalk Assessments, due 1921 to 1924
255 18
$1,829 12
256
TOWN DOCUMENTS.
[Dec. 31
TOWN OF SWAMPSCOTT.
Balance Sheet - December 31, 1920.
Debt Account.
Water Loan Sinking Fund
Net Funded or Fixed Debt
. $104,869 86 . 702,780 14
$807,650 00
Trust and Investment Accounts.
Trust and Investment Funds :
Cash and Securities
.
$26,269 54
$26,269 54
257
BUREAU OF STATISTICS REPORT.
1920]
TOWN OF SWAMPSCOTT.
Balance Sheet - December 31, 1920.
Debt Account.
Permanent Improvement Loans
· $344, 100 00
Sewer Loans .
· 206,350 00
Water Loans (Serial)
· 107,200 00
Water Loans (Sinking Fund) .
· 150,000 00
$807,650 00
Trust and Investment Accounts.
Phillips School Medal Fund :
Principal .
$1,000 00
Income
840 32
Joanna Morse Library Fund :
Principal
$5,196 00
Income
1,911 91
Mary L. Thomson Library Fund :
Principal .
$1,000 00
Income
139 70
1,139 70
Ellen R. Whittle Library Fund :
Principal .
$2,000 00
Income
I33 17
A. F. Nesbitt General Cemetery Fund :
Principal
$200 00
Income
105 21
A. F. Nesbitt Private Cemetery Fund :
Principal .
$200 00
Income
53 99
253 99
Cemetery Lots Investment Fund :
Principal
$7,972 33
Income
1,575 93
9,548 26
Municipal Insurance Fund :
Principal .
$3,500 00
Income
440 98
3,940 98
$26,269 54
$1,840 32
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