Town annual report of Swampscott 1920, Part 19

Author: Swampscott, Massachusetts
Publication date: 1920
Publisher: The Town
Number of Pages: 272


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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