USA > Massachusetts > Essex County > Swampscott > Town annual report of Swampscott 1922 > Part 17
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Atlantic Avenue
3,092 40
661 32
2,431 08
Burpee Road
1,143 47
1,143 47
Banks Road Sewer
2,522 14
2,522 14
Palmer Avenue Sewer
322 15
322 15
Middlesex Avenue
1,200 00
1,200 00
Emergency Water
4,873 58
604 60
4,268 98
Franklin Avenue Water
6,813 00
3,546 13
3,266 87
Elmwood Road Water
775 00
718 21
56 79
Morton Road Water
2,712 00
2,330 50
381 50
Bradlee Avenue Water
500 00
492 31
7 69
Lawrence Road Water
400 00
318 42
81 58
Francis Road Water
300 00
236 94
63 06
Palmer School
19,000 00
18,030 36
969 64
Humphrey Street
16,000 00
15,820 75
179 25
Hillcrest Circle Sewer
300 00
255 11
44 89
Stacey Brook
15,000 00
10,228 84
4,771 16
Cherry Street Sewer
3,000 00
1,566 19
1,433 81
Franklin Avenue Water
2,500 00
2,115 97
384 03
Fuller Avenue Water
4,500 00
1,315 00
3,185 00
$101,719 28
$73,753 49
$27,965 79
241
DIVISION OF ACCOUNTS
1922]
Summary of Departments.
Appropriation Expenditure
Balance
Overdraft
General Government
$ 24,566 93
$ 25,005 33
$ 454 17
$ 892 57
Protection of Persons and Property
62,865 00
64,280 56
29 16
1,444 72
Health and Sanitation
24,666 25
24,128 40
868 79
330 94
Highways and Bridges
91,066 78
83,481 36
7,682 29
96 87
Schools and Library
136,108 59
135,095 74
1,012 85
Recreation and Unclassified
22,265 53
21,331 90
933 63
Public Service Enterprises .
75,861 36
67,521 61
8,339 75
Interest on Maturing Debt
38,096 89
38,096 94
05
Loans in Anticipation of Revenue
380,000 00
380,000 00
Maturing Debt
55,433 51
55,533 51
100 00
Agency
.
66,811 75
66,811 75
Non-Revenue
101,719 28
73,753 49
$1,079,461 87 $1,035,040 59
$47,286 43
$2,865 15
The following bills are reported unpaid at the close of the year as re- quired by Section 4, Chapter 624, of the Acts 1910:
Town Hall
$445 66
Law
77 00
Selectmen
235 67
Health
947 04
Refuse and Garbage
330 83
Police
239 03
Dog Officer
39 50
Poor
105 66
Park
·
329 81
Respectfully submitted,
ARTHUR C. WIDGER,
Town Accountant.
SWAMPSCOTT, December 31, 1922.
242
TOWN DOCUMENTS
[Dec. 31
TOWN OF SWAMPSCOTT.
Balance Sheet, December 31, 1922.
CASH
In banks and offices
$46,067 08
Uncollected Taxes, 1921
$28,338 69
Uncollected Taxes, 1922
63,869 72
92,208 41
Uncollected Moth, 1921
$167 41
Uncollected Moth, 1922
287 25
454 66
Uncollected Sidewalk, 1921 .
$ 492 76
Uncollected Sidewalk, 1922
786 01
Sidewalk Bills
3,367 16
4,645 93
Uncollected Sewer Apportioned, 1921
$ 70 29
Uncollected Sewer Apportioned, 1922
729 17
Sewer Bills
815 52
1,614 98
Property taken for Taxes
$309 61
Tax Titles .
844 60
1,154 21
Water Accounts Receivable, 1917
$ 34 03
Water Accounts Receivable, 1918
363 06
Water Accounts Receivable, 1919
498 93
Water Accounts Receivable, 1920
275 73
Water Accounts Receivable, 1921
465 40
Water Accounts Receivable, 1922
6,422 92
Water Services
692 15
8,752 22
OVERDRAWN ACCOUNTS
Certification of Notes and Bonds
$ 260 50
Special Assessments Abated
15 14
Election and Registration
632 07
Police
1,281 06
Refuse and Garbage
330 38
Poor
222 98
1922]
DIVISION OF ACCOUNTS
243
Interest on Loans in Anticipation of Revenue
500 07
Interest on Sewer Bonds
05
General Debt
100 00
Refunds
35 68
Forest Warden
163 66
3,541 59
$158,439 08
Debt.
Net Bonded Debt
.
.
$721,828 46
Water Loan Sinking Fund
.
· 120,321 54
$842,150 00
Trust Funds.
Cash and Securities .
$25,750 21
Cash and Securities Income
·
6,351 62
$32,101 83
SIDEWALKS AND SEWERS.
Apportioned, not due $1,583 36
·
244
TOWN DOCUMENTS
[Dec. 31
TOWN OF SWAMPSCOTT.
Balance Sheet, December 31, 1922.
Accounts Current.
Cost on property taken for taxes
$ 82 33
Premium on Notes and Bonds
.
2,289 64
Special Revenue .
1,031 31
Water Revenue
8,752 22
Reserve from Overlay
3,847 11
Overlay, 1921
2,185 29
Overlay, 1922
71 48
Excess and Deficiency
.
49,104 25
Loans in Anticipation of Revenue
.
50,000 00
$117,363 63
REVENUE
Land corner of Burrill and Columbia Streets
$ 115 18
Burpee Road
500 00
Continuous Sidewalks
1,057 55
Forest Avenue
2,395 95
Library Building Fund
308 59
Municipal Insurance
402 00
Water Department, Balance
8,330 35
13,109 62
NON-REVENUE
Humphrey Street Widening
$ 541 46
Military Equipment
6 45
Emergency Water
2,045 67
Burrill Street Repairs
1,503 41
Atlantic Avenue Repairs
2,431 12
Burpee Road
1,143 47
Middlesex Avenue
1,200 00
Emergency Sewer
4,268 98
Forest Avenue Water Pipe
3,266 87
Elmwood Road Water Pipe
56 79
Morton Road Water Pipe
381 50
Bradlee Avenue Water Pipe Lawrence Road Water Pipe
81 58
Francis Road Water Pipe
63 06
Palmer School Addition
969 64
Humphrey Street, Glen Road to Phillips Corner 179 25
Hillcrest Circle Sewer Pipe
44 89
.
.
.
.
.
.
.
.
.
.
.
.
7 69
.
1922]
DIVISION OF ACCOUNTS
245
Stacey Brook
4,771 16
Cherry Street Sewer
1,433 81
Franklin Avenue Water Pipe .
384 03
Fuller Avenue Water Pipe
3,185 00
27,965 83
$158,439 08
Accounts.
Permanent Improvement Notes
.
$343,900 00
Sewer Bonds Serial
.
· 236,950 00
Water Bonds Serial
111,300 00
Water Bonds Sinking Fund
· 150,000 00
$842,150 00
Joanna Morse Library Fund
$ 5,196 00
Phillips School Medal Fund
1,000 00
A. F. Nesbitt Cemetery Fund, General
200 00
A. F. Nesbitt Cemetery Fund, Private
200 00
Cemetery Lots Fund
12,404 21
Chlotilda Farrar Cemetery Fund
250 00
Municipal Insurance Fund
3,500 00
Mary L. Thomson Library Fund
1,000 00
Ellen R. Whittle Library Fund
2,000 00
Cemetery Lots Fund Income
$2,120 07
Municipal Insurance Fund Income
783 94
A. F. Nesbitt Cemetery Fund Income
133 61
A. F. Nesbitt Cemetery Fund Income
71 44
Phillips Medal Fund Income
941 52
Joanna Morse Library Fund Income
1,716 89
Mary L. Thomson Library Fund Income
245 75
Ellen R. Whittle Library Fund Income .
338 40
·
6,351 62
Apportioned Sewers, 1923-1931
.
$1,387 43
Apportioned Sidewalks, 1923-1926 .
195 93
$1,583 36
·
25,750 21
246
TOWN DOCUMENTS
[Dec. 31
THE COMMONWEALTH OF MASSACHUSETTS Department of Corporations and Taxation DIVISION OF ACCOUNTS STATE HOUSE, BOSTON.
JANUARY 25, 1923.
To the Board of Selectmen, Mr. Clarence B. Delano, 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 1 to December 31, 1922, made in accordance with the provisions of Section 35, Chapter 44 of the General Laws. This report is in the form of a report made 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 Corporations and Taxation, State House, Boston.
SIR,-According to your instructions, I have made an audit of the books and accounts of the town of Swampscott for the period from July 1 to December 31, 1922, and submit the following report thereon:
The books and accounts kept by the town accountant were examined, checked, added, and verified, the cash receipts recorded thereon being com- pared with the treasurer's cash book and with the records of the various departments collecting money for the town or sending out bills for sub- sequent collections. The payments recorded on the accountant's books were checked to the treasury warrants, and the total amount of all such warrants was found to agree with the total payments of the treasurer.
The ledger was analyzed and a trial balance was taken off, proving the accounts to be in balance. A balance sheet, showing the financial condition of the town on December 31, 1922, was prepared and is appended to this report.
The books and accounts of the treasurer were examined, the reported receipts of cash being compared with the records of departments making payments to the treasurer and with the accountant's ledger; and the pay- ments were checked with the warrants authorizing them.
'The payments on account of debt and interest were checked with the amounts falling due and with the cancelled bonds, notes, and coupons on file.
247
DIVISION OF ACCOUNTS
1922]
The cash balance on December 31, 1922, was verified by statements re- ceived from the various banks of deposit of even date.
The trust and investment funds in the hands of the treasurer were per- sonally examined and listed, the receipts and payments on account of the same being verified and the income figured and proved.
The books and accounts of the collector of taxes were checked, the re- corded collections of cash being compared with the treasurer's cash book and found to agree. While the total amount of collections was paid to the treasurer, several clerical errors were discovered in reporting to the ac- countant the receipts of taxes and the receipts and abatements on account of water charges. This caused much confusion in the accountant's ledger accounts and much time was consumed in correcting the errors.
The abatements on account of taxes were checked with the assessors' records and, with the exception of one abatement amounting to three dol- lars, were found to be correct. The outstanding taxes and assessments were listed and reconciled with the accountant's ledger.
The books and accounts kept by the water department were examined. Since July of 1922, the collections for water rates have been made by the collector of taxes, and the cash receipts on account of these collections were verified by listing the outstanding accounts as shown on the commitment sheets in the collector's office and reconciling them with the total amount of all charges for water rates and services as shown by the records in the water department. The commitment sheets were checked and compared with the record of amounts due, as shown by the card ledger kept by the water department, and were found to be correct.
The water loan sinking fund, in the custody of the Water Commissioners, was personally examined and the securities listed. The receipts and pay- ments of cash on account of this fund were verified, and the income figured and proved. During the year, the commissioners sold a piece of land for $2,000.00, and this sum was deposited in the sinking fund with the other securities without being recorded on the books of the town treasurer or the town accountant. In this connection, attention is called to Section 53, Chapter 44, General Laws, which provides that:
All moneys received by any town officer or department, except as other- wise provided by special acts and except fees provided for by statute, shall be paid by such officer or department upon their receipt into the town treasury. Any sums so paid into the town treasury shall not later be used by such officer or department without a specific appropriation thereof.
The books of the town clerk, health department, library, and sealer of weights and measures were checked and reconciled with the books of the treasurer and the accountant.
Appended to this report are tables showing a reconciliation of the treas- urer's cash, a statement of the debt and interest coupon account, summaries of the tax, assessment, and water department accounts, receivable accounts, together with statements of the sinking fund and all trust funds accounts ; also a balance sheet as of December 31, 1922.
The balance sheet shows the town to be in good financial condition. There are, however,-as was the case last year, although to a less extent,- a number of overdrawn accounts, which must be provided for by appropria- tion by the town.
Departmental officials must not expend more than the sum appropriated
248
TOWN DOCUMENTS
[Dec. 31
by the town, except in cases of extreme emergency involving the health or safety of persons or property, and then only by a vote of two-thirds of the Selectmen. In order to provide funds from which transfers may be made by the Finance Committee for necessary expenses without the necessity of calling special town meetings, I would recommend an appropriation for a reserve fund in accordance with the provisions of Section 6, Chapter 40, General Laws:
To provide for extraordinary or unforeseen expenditures, a town may at an annual town meeting appropriate a sum not exceeding five per cent of the tax levy of the preceding year, to be known as the reserve fund. No direct drafts against this fund shall be made, but transfers from the fund may from time to time be voted by the finance or appropriation committee of the town, in towns having such a committee, and in other towns by the selectmen; and the town accountant in towns having such an official, and in other towns the auditor, or board of auditors, shall make such transfers accordingly.
I wish, on behalf of my assistants and myself, to express my appreciation for the co-operation and courtesy of the departmental officials with whom I came in contact during the progress of the work of the audit.
Respectfully submitted,
EDW. H. FENTON, Chief Examiner.
249
DIVISION OF ACCOUNTS
1922]
RECONCILIATION OF TREASURER'S CASH.
Cash on hand July 1, 1922 :
General
$99,788 36
Water
.
8,239 54
$108,027 90
Receipts July 1 to December 31, 1922:
General
$604,700 96 .
Water .
36,356 28
641,057 24
$749,085 14
Payments July 1 to December 31, 1922:
General
$666,752 59 .
Water
36,265 47
·
$703,018 06
Cash on hand December 31, 1922:
General
$37,736 73
Water,
8,330 35
46,067 08
$749,085 14
Balance, December 31, 1922:
Central National Bank · $ 4,510 16
Security Trust Company
8,385 12
Manufacturers National Bank
24,841 45
Sagamore Trust Company (Water),
8,330 35
$46,067 08
Central National Bank.
Balance December 31, 1922, per bank statement . Balance December 31, 1922, per check book . · Outstanding checks, per list
$5,141 07
$4,510 16
630 91
$5,141 07
Security Trust Company.
Balance December 31, 1922, per bank statement . Balance December 31, 1922, per check book . .
$8,507 27
$8,385 12
.
Outstanding checks, per list 122 15
$8,507 27
.
.
·
$37,736 73
.
250
TOWN DOCUMENTS
[Dec. 31
Manufacturers National Bank.
Balance December 31, 1922, per bank statement .
$30,806 38 Balance December 31, 1922, per check book ·
$24,841 45
Outstanding checks, per list ·
5,964 93
$30,806 38
Sagamore Trust Company.
Balance December 31, 1922, per bank statement . Balance December 31, 1922, per check book . ·
$8,373 68
$8,330 35
Outstanding checks, per list
43 33
.
$8,373 68
RECONCILIATION OF BOND AND COUPON ACCOUNT. Commonwealth Trust Company.
Balance July 1, 1922 .
$
105 00
Deposits July 1 to December 31, 1922
10,657 50
$10,762 50
Notes and bonds paid
$7,500 00
Coupons paid ·
3,052 50
Balance December 31, 1922, per bank statement 210 00
$10,762 50
Coupons due and not presented for payment :
Sewer loan, due September 1, 1915
$ 17 50
Water loan, due April 1, 1921 .
17 50
Water loan, due October 1, 1921
17 50
Water loan, due October 1, 1922
122 50
Water loan, due April 1, 1922 .
17 50
Water loan, due August 1, 1922
17 50
$210 00
First National Bank.
Balance July 1, 1922 .
$ 316 25
Deposits July 1, to December 31, 1922
39,137.93
$39,454 18
Notes and bonds paid
$29,000 00
Coupons paid
10,351 18
Balance December 31, 1922, per bank statement
103 00
$39,454 18
Coupons due and not presented for payment:
Sewer loan, due November 1, 1922 . $ 3 00
Humphrey street loan, due December 1, 1922 100 00
$103 00
251
DIVISION OF ACCOUNTS
1922]
Taxes-1920.
Outstanding July 1, 1922, per accountant's ledger .
$845 57 Adjustments :
3 53
$849 10
Payments to treasurer July 1 to December 31, 1922
$495 23
Abatements granted
122 35
Tax titles purchased by town
231 52
$849 10
Taxes-1921.
Outstanding July 1, 1922, per previous audit
$39,568 25
Overpayment September 1, 1922, page 36 . 1 32
$39,569 57
Payments to treasurer July 1 to December 31, 1922 $11,027 78
Abatements July 1 to December 31, 1922
203 10
Unadjusted difference of previous audit
45
Outstanding December 31, 1922, per list 28,338 24
$39,569 57
Taxes-1922.
Outstanding July 1, 1922, per previous audit . $ 7,008 00
Commitment
418,398 36
Additional commitments
393 37
Unadjusted difference
43 87
$425,843 60
Payments to treasurer July 1 to December 31, 1922
$357,001 49
Abatements July 1 to December 31, 1922
4,928 52
Outstanding December 31, 1922, per list
63,913 59
$425,843 60
Moth Assessments-1920.
Outstanding July 1, 1922
$12 50
Payments to treasurer July 1 to December 31, 1922
$5 00
Abatements July 1 to December 31, 1922 . 7 50
$12 50
Moth Assessments-1921.
Outstanding July 1, 1922.
$240 41
Unadjusted difference of previous audit
50
$240 91
Payments to treasurer July 1 to December 31, 1922
$ 73 00
Outstanding December 31, 1922, per list
167 91
$240 91
Overpayment ·
252
TOWN DOCUMENTS
[Dec. 31
Moth Assessments-1922.
Commitment .
$1,862 00
Payments to treasurer July 1 to December 31, 1922 $1,573 25
Abatements July 1 to December 31, 1922 1 50
Outstanding December 31, 1922, per list ·
287 25
$1,862 00
Sidewalk Assessments-1920.
Outstanding July 1, 1922
$17 50
Payments to treasurer July 1 to December 31, 1922 $17 50
Sidewalk Assessments-1921.
Outstanding July 1, 1922
$552 07
Payments to treasurer July 1 to December 31, 1922 $59 31
Outstanding December 31, 1922, per list 492 76
$552 07
Sidewalk Assessments-1922.
Commitment
$1,367 93
Payments to treasurer July 1 to December 31, 1922
$511 98
Apportioned
69 94
Outstanding December 31, 1922, per list
786 01
$1,367 93
Sewer Assessments-1921.
Outstanding July 1, 1922
$130 14
Payments to treasurer July 1 to December 31, 1922 $59 85
Outstanding December 31, 1922, per list 70 29
$130 14
Sewer Assessments-1922.
Commitment
.
$1,317 81
Payments to treasurer July 1 to December 31, 1922. $588 64
Outstanding December 31, 1922, per list 729 17
$1,317 81
Unapportioned Sewer Assessments.
Outstanding July 1, 1922
$1,405 53
Commitments
.
1,069 44
$2,474 97
Payments to treasurer July 1 to December 31, 1922
$253 92
Apportioned July 1 to December 31, 1922 600 48
Transferred to Sewer assessments, 1922 805 05
Outstanding December 31, 1922, per list
815 52
$2,474 97
253
DIVISION OF ACCOUNTS
1922]
Tax Titles-Held by Town.
Cost of titles held July 1, 1922 .
$781 19
Titles acquired July 1 to December 31, 1922
313 85
Titles redeemed-cash paid treasurer July 1 to
December 31, 1922 .
$250 44
Outstanding December 31, 1922, per list
844 60
$1,095 04
Town Clerk's Licenses.
Resident citizens' combination .
. 21 @ $2 00
$ 42 00
Resident citizens' hunting and trap-
ping
. 72 @ 1 50
108 00
Minor trappers'
2 @
25
50
Lobster fishermen's .
4 @
1 00
4 00
Resident citizens' fishermen's
@ 1 00
5 00
$159 50
Town Clerk's fees .
. 104 @ 15
$ 15 60
Paid County Treasurer .
143 90
$159 50
Dog Licenses.
Males
82 @ $2 00
$164 00
Females
29 @ 5 00
145 00
$309 00
Town Clerk's fees .
.
111 @
20
$ 22 20
Paid County Treasurer
·
·
286 80
$309 00
Health Department.
Cash on hand July 1, 1922 .
$73 50
Receipts :
Alcohol licenses . 6 @ $ 1 00
$ 6 00
Non-alcoholic bever-
ages' license 1 @ 10 00
10 00
Animal licenses ·
3 @
1 00
3 00
Milk licenses
· 10 @
50
5 00
Peddlers' license
1 @ 14 00
14 00
38 00
$111 50
$76 00
35 50
$111 50
.
.
Payments to treasurer July 1 to December 31, 1922 Cash on hand December 31, 1922 (paid treasurer January 2, 1923)
$1,095 04
254
TOWN DOCUMENTS
[Dec. 31
Sealer of Weights and Measures.
Cash on hand July 1, 1922 .
$26 10
Bills for service July 1 to December 31, 1922
11 71
$37 81
Payments to treasurer July 1 to December 31, 1922 $31 10
Cash on hand December 31, 1922 6 71
$37 81
Library Department.
Cash on hand July 1, 1922 .
$ 19 34
Receipts for fines, sales, etc., July 1 to December 31, 1922
137 07
$156 41
Payments to treasurer July 1 to December 31, 1922
$121 17
Expenditures for postage, express, etc.
7 37
Cash on hand December 31, 1922
27 87
.
$156 41
Selectmen's Licenses.
Express
1 @ $ 2 00
$ 2 00
Second-hand auto
1 @ 35 00
35 00
Gasoline
. 18 @ 2 50
45 00
$82 00
Payments to treasurer July 1 to December 1, 1922
$82 00
Water Rates-1915.
Outstanding July 1, 1922
$1 00
Payments to treasurer July 1 to December 31, 1922
$1 00
Water Rates-1916.
Outstanding July 1, 1922 . .
$18 87
Payments to treasurer July 1 to December 31, 1922
$ 7 87
Abatements July 1 to December 31, 1922
11 00
$18 87
Water Rates-1917.
Outstanding July 1, 1922
$139 13
Payments to treasurer July 1 to December 31, 1922
$42 76
Abatements July 1 to December 31, 1922
62 34
Outstanding December 31, 1922, per list
34 03
$139 13
·
.
.
.
255
DIVISION OF ACCOUNTS
1922]
Water Rates-1918.
Outstanding July 1, 1922 . .
$620 58
Payments to treasurer July 1 to December 31, 1922
$111 06
Abatements July 1 to December 31, 1922
146 46
· Outstanding December 31, 1922, per list
363 06
$620 58
Water Rates-1919.
Outstanding July 1, 1922
$904 88
Commitment
28 60
$933 48
Payments to treasurer July 1 to December 31, 1922
$233 51
Abatements July 1 to December 31, 1922
201 04
Outstanding December 31, 1922, per list .
498 93
$933 48
Water Rates-1920.
Outstanding July 1, 1922
$1,666 50
Commitment
7 56
$1,674 06
Payments to treasurer July 1 to December 31, 1922
$930 73
Abatements July 1 to December 31, 1922
467 60
Outstanding December 31, 1922, per list
275 73
$1,674 06
Water Rates-1921.
Outstanding July 1, 1922
$4,859 39
Commitments
.
32 13
$4,891 52
Payments to treasurer July 1 to December 31, 1922
$4,280 34
Abatements July 1 to December 31, 1922
145 78
Outstanding December 31, 1922, per list
465 40
$4,891 52
Water Rates-1922.
Outstanding July 1, 1922
$ 9,704 60
Cash in Water Department office .
25 00
Commitments July 1 to December 31, 1922
17,567 67
Unadjusted difference
1 03
$27,298 30
Payments to treasurer July 1 to December 31, 1922
$20,532 44
Abatements July 1 to December 31, 1922
341 91
Outstanding December 31, 1922, per list
6,398 95
Cash in Water Department office .
25 00
$27,298 30
256
TOWN DOCUMENTS
[Dec. 31
Water-Service Connections.
Outstanding July 1, 1922 $ 445 28
Commitments
2,644 42
$3,089 70
Payments to treasurer July 1 to December 31, 1922
$2,356 22
Abatements July 1 to December 30, 1922 .
41 33
Outstanding December 31, 1922, per list
692 15
$3,089 70
Water-Rents.
Commitments
$200 00
Payments to treasurer July 1 to December 31, 1922
$200 00
Water Loan Sinking Fund.
Savings Deposits
Securities Total
On hand at beginning of year .
$ 603 08 $111,100 00 $111,703 08
On hand at end of year .
3,571 54 116,750 00 120,321 54
RECEIPTS.
PAYMENTS.
Income on securities
$4,341 00
Securities purchased ·
$9,000 00
Interest on deposits
35 41
Securities matured
3,350 00
Accrued interest on se- curities purchased .
29 05
Discount on securities
Deposited in savings
purchased
271 10
banks
2,968 46
Appropriation from:
Water surplus .
2,000 00
Sale of real estate
2,000 00
Total
$11,997 51
Total .
$11,997 51
Phillips School Medal Fund.
On hand at beginning of year
Savings Deposits $1,924 02
Total $1,924 02 1,941 52
RECEIPTS.
PAYMENTS.
Interest earned .
$87 53
To town treasury
$70 03
Deposited in savings
bank
17 50
Total
$87 53
Total $87 53
.
On hand at end of year
·
1,941 52
257
DIVISION OF ACCOUNTS
1922]
Joanna Morse Library Fund.
On hand at beginning of year
Savings Deposits $7,431 33
Total $7,431 33
On hand at end of year
6,912 89
6,912 89
RECEIPTS.
PAYMENTS.
Withdrawn from sav-
To town treasury
$856 50
ings bank
$518 44
Interest earned
338 06
Total .
$856 50
Total
$856 50
Mary L. Thomson Library Fund.
On hand at beginning of year
Savings Deposits $1,191 54
Total $1,191 54
On hand at end of year
1,245 75
1,245 75
RECEIPTS.
PAYMENTS.
Interest earned .
$54 21
Deposited
in savings
bank
.
$54 21
Total
$54 21
Total
$54 21
Ellen R. Whittle Library Fund.
Par Value Securities
Savings Deposits
On hand at beginning of year .
$2,000 00
$ 233 50
Total $2,233 50
On hand at end of year .
1,000 00
1,338 40
2,338 40
RECEIPTS.
PAYMENTS.
Securities matured
$1,000 00
Deposited
in savings
Interest and
income
bank
$1,104 90
earned
104 90
Total
$1,104 90
Total
$1,104 90
A. F. Nesbitt Cemetery Fund (General).
On hand at beginning of year
Savings Deposits $319 09
Total $319 09
On hand at end of year
333 61
333 61
RECEIPTS.
PAYMENTS.
Interest earned .
$14 52
Deposited
in savings
bank
·
.
$14 52
Total
$14 52
Total
$14 52
.
258
TOWN DOCUMENTS
[Dec. 31
A. F. Nesbitt Cemetery Fund (Private).
Savings Deposits
Total
On hand at beginning of year
$262 51
$262 51
On hand at end of year
271 44
271 44
RECEIPTS.
PAYMENTS.
Interest earned .
$11 93
Transferred to town
treasury ·
$3 00
Deposited in savings
bank
8 93
Total
$11 93
Total
$11 93
Chlotilda Farrar Cemetery Fund (Private).
Savings Deposits
Total
On hand at beginning of year
On hand at end of year
$250 00
$250 00
RECEIPTS.
PAYMENTS.
From Chlotilda Farrar
Deposited in savings
estate
$250 00
bank
$250 00
Total
$250 00
Cemetery Lots Investment Fund.
On hand at beginning of year
Savings Deposits $11,762 55
Total $11,762 55
On hand at end of year ·
14,524 28
14,524 28
RECEIPTS.
PAYMENTS.
From sale of lots .
$2,453 50
Transferred to town
Interest earned
521 48
treasury
$ 213 25
Deposited in savings
bank
.
2,761 73
Total
$2,974 98
Total
$2,974 98
Municipal Insurance Fund.
On hand at beginning of year .
Securities $3,500 00
Savings Deposits $608 65
Total $4,108 65
On hand at end of year .
3,500 00
783 94
4,283 94
RECEIPTS.
PAYMENTS.
Income on securities
$148 75
Deposited
in savings
Interest on deposits ·
26 54
bank
.
$175 29
Total
$175 29
Total
$175 29
.
Total
$250 00
.
259
DIVISION OF ACCOUNTS
1922]
TOWN OF SWAMPSCOTT.
Balance Sheet-December 31, 1922.
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