USA > Massachusetts > Essex County > Swampscott > Town annual report of Swampscott 1930 > Part 13
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For the co-operation received from the several town officials dur- ing the progress of the audit, I wish, on behalf of my assistants and for myself, to express appreciation.
Respectfully submitted, EDW. H. FENTON, Chief Accountant.
RECONCILIATION OF TREASURER'S CASH
Balance July 1, 1929
Receipts July 1 to December 31, 1929
$67,946.89 1,035,311.53
$1,103,258.42
Payments July 1 to December 31, 1929 Balance December 31, 1929:
$896,795.76
Security Trust Company $26,200.89
Sagamore Trust Company 114,721.95
Central National Bank 34,046.46
Manufacturers National Bank 31,493.36
206,462.66
$1,103.258.42
1930]
DIVISION OF ACCOUNTS
101
Security Trust Company of Lynn
Balance December 31, 1929, per statement
Balance December 31, 1929, per check registe- $26,200.89
Outstanding checks December 31, 1929, per list 1,182.83
$27.383.72
Sagamore Trust Company of Lynn
Balance December 31, 1929, per statement
$114,875.58
Balance December 31, 1929, per check register $114,721.95
Outstanding checks December 31, 1929, per list 153.63
$114.875.58
Central National Bank of Lynn
Balance December 31, 1929, per statement
$37,628.62
Balance December 31, 1929, per check register $34,046.46
Outstanding checks December 31, 1929, per list 3,582.16
$37.628.62
Manufacturers' National Bank of Lynn
Balance December 31, 1929, per statement
$31,505.36
Balance December 31, 1929, per check register
$31,493.36
Outstanding checks December 31, 1929, per list 12.00
$31,505.36
Taxes-1927
Outstanding July 1, 1929
$1,388.47
Moth 1927 reported as taxes 1927
.50
$1,388.97
Payments to treasurer July 1 to December 31, 1929
$639.01
Abatements July 1 to December 31, 1929
142.63
Tax titles taken by town
134.65
Outstanding December 31, 1929, and July 11,
472.68
$1,388.97
Taxes-1928
Outstanding July 1, 1929
$28,600.49
Moth 1928 reported as taxes 1928
1.50
Payments to treasurer July 1 to December 31, 1929
$23,428.02
Abatements July 1 to December 31, 1929
395.56
Added to tax titles
1,901.80
Taxes reported as moth assessments 1928
1.00
Polls 1928 reported as polls 1929
2.00
Outstanding December 31, 1929
2,873.61
$28,601.99
Outstanding January 1, 1930
$2,873.61
Payments to treasurer January 1 to 11, 1930
$225.00
Outstanding January 11, 1930, per list
2,645.61
Cash on hand January 11, 1930 (verified)
3.00
$2,873.61
Taxes-1929
Outstanding July 1, 1929
$5,480.00
Commitment per warrant
542,618.63
Additional commitment Adjustments :
46.00
Abatements after payment, refunded $2.00 Polls 1928 reported as polls 1929 2.00
4.00
$548,148.63
-
$28,601.99
1930, per list
$27,383.72
102
TOWN DOCUMENTS
[Dec. 31
Payments to treasurer July 1 to December 31, 1929 $463,603.03
Abatements July 1 to December 31, 1929
1,419.18
Abatements not previously reported
10.00
Outstanding December 31, 1929
83.116.42
$548,148.63
Outstanding January 1, 1930
$83,116.42
Payments to treasurer January 1 to 11, 1930
$3,263.67
Abatements January 1 to 11, 1930
61.70
Outstanding January 11, 1930 per list
79,618.65
Cash on hand January 11, 1930 (verified)
172.40
$83,116.42
MOTOR VEHICLE EXCISE TAXES-1929
Outstanding July 1, 1929
$18,246.43
Commitments July 1 to December 31, 1929
11,513.87
Abatements after payment (refunded)
1,398.79
$31,159.09
Payments to treasurer July 1 to December 31, 1929
$24,246.08
Abatements July 1 to December 31, 1929
3,512.57
Abatements not previously reported
145.38
Outstanding December 31, 1929
3,255.06
$31,159.09
Outstanding January 1, 1930
$3,255.06
Overpayment to collector, to be refunded
1.00
Payments to treasurer January 1 to 11, 1930
$401.65
Abatements January 1 to 11, 1930
4.30
Outstanding January 11, 1930, per list
2,807.25
Cash on hand January 11, 1930 (verified)
42.86
$3,256.06
Moth Assessments-1927
Outstanding July 1, 1929
$3.25
Abatement after payment, adjusted
1.50
$4.75
Payments to treasurer July 1 to December 31, 1929
$1.00
Abatements July 1 to December 31, 1929
2.25
Tax Titles taken by town
1.00
Moth 1927 reported as taxes 1927
.50
$4.75
Moth Assessments-1928
Outstanding July 1, 1929
$111.50
Taxes 1928 reported as moth assessments
1.00
Payments to treasurer July 1 to December 31, 1929
$90.00
Tax titles taken by town
6.75
Adjustments:
Moth 1928 reported as taxes 1928 $1.50
Moth 1928 reported as sidewalks 1928 4.75
6.25
Outstanding December 31, 1929
9.50
$112.50
$3,256.06
$112.50
103
Outstanding January 1, 1930
$9.50
Payments to treasurer January 1 to 11, 1930
$1.75
Outstanding January 11, 1930
7.75
$9.50
Moth Assessments-1929
Commitment per warrant
$2,562.25
Payments to treasurer
$2,239.25
Abatements
.50
Outstanding December 31, 1929
322.50
$2,562.25
Outstanding January 1, 1930
$322.50
Payments to treasurer January 1 to 11, 1930
$8.50
Outstanding January 11, 1930, per list
312.50
Cash on hand January 11, 1930 (verified)
1.00
Due from collector January 11, 1930
.50
$322.50
Unapportioned Sewer Assessments
Outstanding July 1, 1929
$605.79
Commitments July 1 to December 31, 1929
13,814.90
Overpayment to collector, adjusted
.10
$14,420.79
Payments to treasurer July 1 to December 31, 1929
$10,449.55
Abatements July 1 to December 31, 1929
62.33
Added to tax bills 1929
543.46
Apportionments July 1 to December 31, 1929
224.31
Outstanding December 31, 1929
3,141.14
$14,420.79
Outstanding January 1, 1930
$3,141.14
Payments to treasurer January 1 to 11, 1930
$57.21
Outstanding January 11, 1930, per list
3,083.93
$3,141.14
Sewer Assessments-1928
Outstanding July 1, 1929
$125.86
Payments to treasurer July 1 to December 31, 1929
$125.86
Sewer Assessments-1929
Commitment per warrant
$1,005.88
Payments to treasurer
$573.62
Outstanding December 31, 1929 and July 11, 1930, per list
432.26
$1,005.88
Unapportioned Sidewalk Assessments
Outstanding June 30, 1929
$576.25
Commitment July 1 to December 31, 1929
2,533.77
Payments to treasurer July 1 to December 31, 1929
$247.07
Added to tax bills 1929
576.25
Apportionments July 1 to December 31, 1929
239.10
Outstanding December 31, 1929
2,047.60
$3,110.02
Outstanding January 1, 1930
$2,047.60
Payments to treasurer January 1 to 11, 1930
$95.20
Outstanding January 11, 1930, per list
1,952.40
$2,047.60
$3,110.02
DIVISION OF ACCOUNTS
1930]
104
TOWN DOCUMENTS
[Dec. 31
Sidewalk Assessments-1928
Outstanding July 1, 1929
$332.51
Moth 1928 reported as sidewalks 1928
4.75
$337.26
Payments to treasurer July 1 to December 31, 1929
$249.64
Tax titles taken by town
51.42
Outstanding December 31, 1929 and January 11, 1930, per list
36.20
$337.26
Sidewalk Assessments-1929
Commitment per warrant
$1,332.26
Payments to treasurer
$974.87
Outstanding December 31, 1929 and January 11, 1930, per list
357.39
$1,332.26
Tax Titles
On hand July 1, 1929
$1,375.54
Transferred from taxes and assessments:
Levy of 1927:
Taxes
$134.65
Moth assessments 1.00
Costs and interest 16.62
$152.27
Levy of 1928:
Taxes
$1,901.80
Moth assessments 6.75
Sidewalk assess- ments 51.42
Costs and interest 327.62
2,287.59
2,439.86
$3,815.40
Tax titles redeemed July 1 to December 31, 1929
$912.17
On land December 31, 1929
2,903.23
$3,815.40
On hand January 1, 1930
$2,903.23
Tax titles redeemed January 1 to 11, 1930
$136.71
On hand January 11, 1930
2,766.52
$2,903.23
Tax Title Possessions
O'n hand July 1, 1929
$255.35
On hand December 31, 1929
$255.35
Dog Licenses
Cash on hand July 31, 1929, per previous audit
$245.00
Licenses issued July 31 to December 31, 1929:
66 Males @ $2.00 $132.00
15 Females @ 5.00 75.00
207.00
$452.00
Payments to county treasurer July 31 to De- cember 31, 1929 Fees retained, 171 @ .20
$400.80
34.20
Cash on hand December 31, 1929
17.00
$452.00
105
Cash on hand January 1, 1930
$17.00
Licenses issued January 1 to 11, 1930: 1 Male @ $2.00 2.00
Cash on hand January 11, 1930 (verified)
$19.00 $19.00
Sporting Licenses
Cash on hand July 31, 1929, per previous audit $11.75
Licenses issued July 31 to December 31, 1929:
69 Resident citizens' sporting, @ $2.25 $155.25
1 Resident citizens' trapping @ $2.25 2.25
1 Resident citizens' lobster-
man's, @ $5.00 5.00
162.50
$174.25
Payments to Department of Conservation Fees retained :
73 @ .25
$18.25
2 @ .15
.30
18.55
$174.25
Licenses issued January 1 to 11, 1930:
37 Resident citizens' sporting @ $2.25
$83.25
1 Resident citizen's trapping @ $2.25
2.25
1 Unnaturalized foreign-born person's sport- ing.@ $15.25
15.25
$100.75
Cash on hand January 11, 1930 (verified)
$100.75
Town Hall Rentals
Cash on hand July 1, 1929
$15.00
Outstanding July 1, 1929
5.00
Rentals July 1 to December 31, 1929
61.00
Payments to treasurer July 1 to December 31, 1929
$71.00
Outstanding December 31, 1929
10.00
$81.00
Outstanding January 1, 1930
$10.00
Rentals January 1 to 31, 1930
12.00
$22.00
Outstanding January 31, 1930, per list
$7.00
Cash in hands of town collector January 31, 1930 (verified)
15.00
$22.00
Sealer of Weights and Measures
Cash on hand July 1, 1929
$59.89
Outstanding July 1, 1929
1.00
Charges July 1 to December 31, 1929
7.04
$67.93
Payments to treasurer July 1 to December 31, 1929
$66.71
.22
Overpayments to treasurer, per previous audit Outstanding December 31, 1929, per list
1.00
$67.93
DIVISION OF ACCOUNTS
1930]
$81.00
$155.70
106
TOWN DOCUMENTS
[Dec. 31
Building Inspector
Cash on hand July 1, 1929 $39.00
Licenses and permits issued July 1 to Decem- ber 31, 1929
165.00
$204.00
Payments to treasurer July 1 to December 31, 1929
$196.00
Cash on hand December 31, 1929
8.00
$204.00
Cash on hand January 1, 1930
$8.00
Licenses and permits issued January 1 to 31, 1930
4.00
Payments to treasurer January 1 to 31, 1930 Cash in hands of town collector January 31, 1930 (verified)
4.00
$12.00
Health Department Licenses
Cash on hand July 1, 1929
$20.00
Licenses issued July 1 to December
31, 1929:
Milk, 3 @ $.50
$1.50
Alcohol, 19 @ $1.00
19.00
Hairdressing, 1 @ $1.00
1.00
Garbage, 1 @ $2.00
2.00
23.50
$43.50
Payments to treasurer July 1 to December 31, 1929
$43.50
Library
Cash on hand July 1, 1929
$49.11
Receipts July 1 to December 31, 1929:
Fines
$185.39
Sale of paper
2.40
187.79
$236.90
Payments to treasurer July 1 to December 31, 1929
$185.91
Cash on hand December 31, 1929
50.99
$236.90
Cash on hand January 1, 1930
$50.99
Receipts January 1 to 30, 1930:
33.68
$84.67
Payments to treasurer January 1 to 30, 1930
$40.41
Cash on hand January 30, 1930 (verified)
44.26
$84.67
Park Department-Fish House Receipts
Cash on hand July 1, 1929
$39.70
Outstanding July 1, 1929
167.30
Charges July 1 to December 31, 1929
179.70
Payments to treasurer July 1 to December 31, 1929
$213.30
Outstanding December 31, 1929
168.00
Cash on hand December 31, 1929
5.40
$386.70
Fines
$386.70
$12.00
$8.00
1930]
DIVISION OF ACCOUNTS
107
Cash on hand January 1, 1930
$5.40
Outstanding January 1, 1930
168.00
Payments to treasurer January 1 to 31, 1930
$5.40
Outstanding January 31, 1930, per list
168.00
$173.40
Departmental Accounts Receivable
Outstanding July 1, 1929:
Health
$254.00
Public welfare
830.84
Schools
162.50
$1,247.34
Commitments July 1 to
December 31, 1929:
Health
$1,472.96
Highway
1,087.50
Public welfare
2,631.84
Schools
180.25
5,372.55
Commitment not previously recorded :
Health
$40.30
Schools
1.00
41.30
Payments to treasurer July 1 to
December 31, 1929:
Health
$89.70
Highway
450.00
Public welfare
136.67
Schools
143.75
Abatements July 1 to December 31, 1929:
Health
$254.00
Highway
600.00
Public welfare
345.73
1,199.73
Accounts receivable-public welfare- credited to estimated receipts
Outstanding December 31, 1929, per list:
Health
$1,423.56
Highway
37.50
Public welfare
2,898.32
Schools
200.00
4,559.38
$6,661.19
Cemetery Department
Cash on hand July 1, 1929
$3.00
Outstanding July 1, 1929
9.00
Sale of lots
1,423.00
Payments to treasurer July 1 to December 31, 1929
$1,429.00
Outstanding December 31, 1929
6.00
Outstanding January 1, 1930
$6.00
Sale of lots January 1 to 11, 1930
493.00
$499.00
$6,661.19
$820.12
81.96
$1,435.00
$1,435.00
$173.40
108
TOWN DOCUMENTS
[Dec. 31
Payments to treasurer January 1 to 11, 1930
$295.00
Outstanding January 11, 1930, per list 6.00
Cash in collector's hands January 11, 1930 (verified)
198.00
$499.00
Water Rates-1927
Outstanding July 1, 1929
$3.48
Outstanding December 31, 1929 and January 11, 1930, per list
$3.48
Water Rates-1928
Outstanding July 1, 1929
$262.05
Payments to treasurer July 1 to December 31, 1929
$50.94
Abatements July 1 to December 31, 1929
30.25
Outstanding December 31, 1929
180.86
$262.05
Outstanding January 1, 1930
$180.86
Unlocated difference
7.31
$188.17
Outstanding January 11, 1930, per list
$188.17
Water Rates-1929
Outstanding July 1, 1929
$10,047.35
Commitments per warrants July 1 to December 31, 1929
29,230.95
Commitment list in excess of warrant (Com- mitment page 116)
27.81
$39,306.11
Payments to treasurer July 1 to December 31, 1929
$26,401.62
Abatements July 1 to December 31, 1929
34.00
Warrant in excess of commitment list of Sep- tember, 1929
105.57
Outstanding December 31, 1929
12,764.92
$39,306.11
Outstanding January 1, 1930
$12,764.92
Commitment not previously reported
7.50
Unlocated difference
.46
$12,772.88
Payments to treasurer January 1 to 11, 1930
$334.96
Outstanding January 11, 1930, per list
12,421.04
Cash on hand January 11, 1930 (verified)
16.88
$12,772.88
Water Services
Outstanding July 1, 1929
$1,518.69
Commitment July 1 to December 31, 1929
3,896.61
Payments to treasurer July 1 to December 31, 1929
$4,008.16
Abatements July 1 to December 31, 1929
91.43
Outstanding December 31, 1929
1,315.71
$5,415.30
Outstanding January 1, 1930 $1,315.71
Commitment not previously reported (Supple-
mentary page 119)
13.78
$1,329.49
$5,415.30
109
Payments to treasurer January 1 to 11, 1930
Outstanding January 11, 1930, per list
Cash on hand January 11, 1930 (verified)
$19.10 1,305.86 4.53
$1,329.49
Water Rents
Commitments July 1 to December 31, 1929
$240.00
Payments to treasurer July 1 to December 31, 1929
$240.00
Commitments January 1 to 11, 1930
$40.00
Payments to treasurer January 1 to 11, 1930
$40.00
Water Interest
Outstanding July 1, 1929
$338.11
Commitment July 1 to December 31, 1929
347.88
$685.99
Payments to treasurer July 1 to December 31, 1929
$261.13
Outstanding December 31, 1929
424.86
$685.99
Outstanding January 1, 1930
$424.86
Commitment not previously reported, page 119
14.97
$439.83
Payments to treasurer January 1 to 11, 1930
$8.36
Outstanding January 11, 1930, per list
423.11
Cash on hand January 11, 1930 (verified)
8.36
$439.83
ELLEN R. WHITTLE LIBRARY FUND
Savings Deposits
Total
On hand at beginning of year 1929
$2,000.00
$2,000.00
On hand at end of year 1929
$2,000.00
$2,000.00
Receipts
Payments
Income
$101.25
Transferred to town
$101.25
MARY L. THOMSON LIBRARY FUND
Savings Deposits
Total
On hand at beginning of year 1929 On hand at end of year 1929
$1,000.00
$1,000.00
$1,000.00
$1,000.00
Receipts
Payments
$50.63
Transferred to town
$50.63
JOANNA MORSE LIBRARY FUND
Savings Deposits
Total
On hand at beginning of year 1929 On hand at end of year 1929
$5,196.00
$5,196.00
$5,196.00
$5,196.00
Receipts
Payments
Income
$263.03
Transferred to town
$263.03
DIVISION OF ACCOUNTS
1930]
Income
110
TOWN DOCUMENTS
[Dec. 31
PHILLIPS SCHOOL MEDAL FUND
Savings Deposits
Total
On hand at beginning of year 1929
$2,291.37
$2,291.37
On hand at end of year 1929
$2,366.37
$2,366.37
Receipts
Payments
Income
$115.99
Added to savings de- posits Transferred to town
$75.00
40.99
$115.99
$115.99
MUNICIPAL INSURANCE FUND
Savings Deposits
Total
On hand at beginning of year 1929
$6,035.45
$6,035.45
On hand at end of year 1929
$3,109.01
$3,109.01
Receipts
Payments
Withdrawn from savings
Transferred to town
$3,153.15
bank
$2,926.44
Income
226.71
$3,153.15
$3,153.15
CEMETERY INVESTMENT FUND
.Savings Deposits
Total
On hand at beginning of year 1929
$16,393.27
$16,393.27
On hand at end of year 1929
$17,771.95
$17,771.95
Receipts
Payments
Bequests
$593.50
Deposited in savings bank
$1,378.68
Sale of lots
3,591.00
Income
694.18
Transferred to town for cemetery
3,500.00
$4,878.68
$4,878.68
TOWN OF SWAMPSCOTT Balance Sheet-December 31, 1929 GENERAL ACCOUNTS
Assets
Cash :
General
$206,462.66
Petty :
Selectmen
$10.00
Police
50.00
Fire Alarm Extension
218.16
Health
200.00
Whitman Road Taking
291.05
Whitman Road Construction
1,328.51
Mason Road
625.44
Burnett Fund
1,012.00
Mary L. Thomson Library
$209,059.06
Fund Income 87.72
Hastings Land Taking
9,925.00
Development of School Grounds
166.19
Levy of 1927
$472.68 2,873.61
Levy of 1929
83,116.42
Whitman Road Water
1,086.87
Dukes Street Water
1,519.52
Plymouth Avenue Water
379.35
General Debt Maturing
5,456.55
High School Committee
1.90
Moth 1929
322.50
Phillips Avenue Sewer
1,915.29
Bradlee Avenue Sewer
6,086.10
Sewers 1929
$432.26
Eastern Interception Sewer
12,485.55
Unapportioned sewers
3,141.14
3,573.40
Forest Avenue
165.12
Sidewalks 1928
$36.20
Sidewalks 1929
357.39
Unapportioned sidewalks
2,047.60
2,441.19
Liabilities
Temporary Loans : In Anticipation of Revenue
$100,000.00
Appropriation Balances: Stanley School
$21,773.52
Health
25.00
Library
15.00
100.00
Collector's check of December 31, 1929, entered by treas- urer as of 1930
2,496.40
'Accounts Receivable : Taxes :
Cemetery Improvement
860.46
Cemetery Truck
3.50
Motor Vehicle Excise Taxes 1929
86,462.71 3,255.06
Special Assessments :
Moth 1928
$9.50
332.00
Drain Humphrey Street at
Humphrey Street Ocean Av-
enue Sewer 594.02
Bristol Avenue Sewer 1,811.59
Sargent Road Prospect Ave. Sewer 385.09
111
1930]
DIVISION OF ACCOUNTS
Levy of 1928
Tax Titles Tax Title Possessions
$2,903.23 255.35
3,158.58
Departmental :
Health
$1,423.56
Public Welfare
2,898.32
Emergency Water
428.12
Schools
200.00
Highway
37.50
Cemetery
6.00
Water Department-Available Surplus
Water Rates 1927
$3.48
Levy of 1927
$1,742.29
Water Rates 1928
180.86
Levy of 1928
3,367.38
Water Rates 1929
12,764.92
Water Services
1,315.71
Water Interest
424.86
Revenue-Reserved Until Collected :
14,689.83
Motor Vehicle Excise Tax
$3,255.06
Moth Assessment
332.00
Sewer Assessment
3,573.40
Sidewalk Assessment
2,441.19
Tax Title
3,158.58
Departmental
4,565.38
Water
14,689.83
32,015.44
Surplus Revenue
82,784.75
$330,798.98
$330,798.98
DEFERRED REVENUE ACCOUNTS
Assets
Special Assessments : Apportioned but not due
$3,339.85
$1,919.99
1,419.86
$3,339.85
$3,339.85
112
73,452.32 34,975.98
TOWN DOCUMENTS
7,570.49
Overdrawn Account: Soldiers' Relief
261.77
Loans Authorized
3,000.00
Barnstable Street Sewer 460.11
Whitman Road Sewer 327.67
Town Hall Vault 33.54
Monument Avenue and Walker Road 824.38
Foster Road Water Main 3,000.00
4,565.38
Overlays Reserved for Abatements of Taxes:
Levy of 1929
2,460.82
[ Dec. 31
Liabilities Apportioned Sewers due 1930 to 1939, Inclusive Apportioned Sidewalks due 1930 to 1934, Inclusive
DEBT ACCOUNTS
Net Funded or Fixed Debt
$776,300.00
Permanent Improvement Loans Tuberculosis Hospital Loan Sewer Loans Water Loans
$502,600.00 47,000.00
147,700.00
79,000.00
$776,300.00
$776,300.00
TRUST ACCOUNTS
Trust and Investment Funds : Cash and Securities : Principal Income
$29,156.07 2,287.26
Library: Ellen R. Whittle Fund (Principal) $2,000.00
Mary L. Thompson (Principal) 1,000.00
Joanna Morse Fund (Principal) 5,196.00
$8,196.00
Phillips School Medal Fund: Principal
$1,000.00
Income
1,366.37
Municipal Insurance Investment Fund: Principal
$2,882.30
Income
226.71
3,109.01
Cemetery Trust and Investment Fund: Principal
$17,077.77
Income
694.18
17,771.95
$31,443.33
$31,443.33 =
1930]
DIVISION OF ACCOUNTS
113
2,366.37
114
TOWN DOCUMENTS
[Dec. 31
THE COMMONWEALTH OF MASSACHUSETTS Department of Corporations and Taxation DIVISION OF ACCOUNTS STATE HOUSE, BOSTON
September 22, 1930. To the Board of Selectmen, Mr. Harry E. Hardy, Chairman, Swamp- scott, Massachusetts.
Gentlemen :- I submit herewith my report of an audit of the ac- counts of the town of Swampscott for the period from January 1 to June 30, 1930, made in accordance with the provisions of Chapter 44 of the General Laws. This report is in the form of a report made to me by Mr. Edward H. Fenton, Chief Accountant of this Division.
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 :- In accordance with your instructions, I have made an audit of the books and accounts of the town of Swampscott for the period from January 1 to June 30, 1930, and report thereon as follows:
The books and accounts in the town accountant's office were ex- amined and checked. The recorded receipts were checked with the records of the several departments collecting money for the town and with the treasurer's books. The recorded payments were checked to the selectmen's warrants authorizing the disbursement of town funds and with the treasurer's cash book.
The accountant's ledger was analyzed, a trial balance was taken off, proving the accounts to be in balance, and a balance sheet, which is appended to this report, was prepared showing the financial condition of the town as of June 30, 1930.
The appropriations and loans authorized, as shown in the account- ant's ledger, were checked with the town clerk's records of town meet- ings, while the transfers from the reserve fund were checked with the records of the finance committee authorizing such transfers.
The books and accounts of the town treasurer were examined and checked, and the cash book was footed. The receipts, as recorded in the cash book, were analyzed and compared with the accountant's books and with the records of the departments making payments to the treas- urer. The payments were compared with the selectmen's warrants authorizing them and with the accountant's books.
The cash balance on June 30, 1930, was verified by a reconciliation of the bank balances with statements furnished by the various banks of deposit.
The town collector's books and accounts were examined and checked in detail. The commitments of taxes and assessments were verified and compared with the assessors' warrants for their collection. The re- corded abatements were checked with the assessors' records of abate- ments granted, and the recorded payments to the treasurer were checked with the treasurer's and the accountant's books. The outstanding ac- counts were listed and reconciled with the controlling accounts in the accountant's ledger.
The commitments of water accounts were examined and checked. The recorded abatements were checked to the water department records,
1930]
DIVISION OF ACCOUNTS
115
the payments to the treasurer were checked to the treasurer's and the accountant's books, and the outstanding accounts were listed and recon- ciled with the accountant's controlling accounts.
A further verification of the outstanding tax and water accounts was made by mailing notices to a number of persons whose names appeared on the books as owing money to the town, the replies received thereto indicating that the outstanding accounts, as listed, are correct.
The records of dog and of sporting licenses issued by the town clerk were examined, and the recorded payments to the County and the State, respectively, were verified with the receipts on file.
The surety bonds on file for the various town officials required by law to furnish such security, were examined and found to be in proper form.
The records of the sealer of weights and measures, of town hall rentals, of the library, park, and cemetery departments, and of licenses and permits issued by the selectmen, building inspector and the health department, as well as the accounts of the highway, health, and public welfare departments, were examined. The recorded payments to the treasurer were checked to the treasurer's books and the outstanding accounts were listed and checked to the accountant's ledger.
Appended to this report, in addition to the balance sheet, are tables showing a reconciliation of the treasurer's and of the collector's cash and summaries of the tax, assessment, water, and departmental accounts receivable accounts.
For the co-operation received from the various department officials while engaged in making the audit, I wish, on behalf of my assistants and for myself, to express appreciation.
Respectfully submitted,
EDW. H. FENTON, Chief Accountant.
RECONCILIATION OF TREASURER'S CASH
Balance January 1, 1930
$206,462.66
Collector's check of December 31, 1929, en-
tered by treasurer as of 1930
2,496.40
Receipts January 1 to June 30, 1930
239,573.25
$448,532.31
Payments January 1 to June 30, 1930
$373,016.12
Balance June 30, 1930:
Sagamore Trust Company, Lynn $8,373.92
Manufacturers National Bank of Lynn 59,351.31
Central National Bank of Lynn 2,044.05
Security Trust Company, Lynn 5,746.91
75,516.19
$448,532.31
Sagamore Trust Company, Lynn
Balance June 30, 1930, per statement
$8,557.04 .25
Bank charge in error (adjusted July 1)
$8,557.29
Balance June 30, 1930, per check register $8,373.92
Outstanding checks June 30, 1930, per list 183.37
$8,557.29
Manufacturers National Bank of Lynn
Balance June 30, 1930, per statement
$59,381.51
Balance June 30, 1930, per check register
$59,351.31
Outstanding checks June 30, 1930, per list
30.20
$59.381.51
116
TOWN DOCUMENTS
{Dec. 31
Central National Bank of Lynn
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