USA > Massachusetts > Norfolk County > Weymouth > Town annual report of Weymouth 1937 > Part 23
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$ 875.00
875.00
Weymouth Retirement Board - Pensions: Appropriation, Sept. 15, 1937 Paid to Treasurer of the Retirement Board
$ 1,361.26
1,361.26
Unpaid Bills :
Fire Department
$ 2,139.32
Th Ith Department
1,771.06
Public Wcl'are
730.23
Assessors' Department
146.50
Maintenance Town Hall
61.50
Old Age Assistance
58.85
. Moth Account
50.00
Soldiers' Relief
18.30
Total Expended
$ 4,975.76
Balance to Treasury
7.07
Total Appropriation, March 1, 1937
$ 4,534.98
Appropriation, Sept. 15, 1937
447.85
$ 4,982.83
Total 4,982.83
$ 1,000.00
305
Care Old Cemeteries : Wess. Post 1399, V.F.W. Appropriation, March 1, 1937
$ 200.00 200.00
Care Soldiers' Graves :
Karl O'Neil, services
$ 200.00
Karl O'Neil, transportation
53.00
Care of Lots:
Highland Cemetery Ass'n.
155.00
East Weymouth Cemetery Ass'n.
150.00
Village Cemetery Ass'n.
148.00
North Weymouth Cemetery Ass'n.
114.00
Rev. Patrick H. Walsh, Trustee
108.00
Mt. Hope Cemetery Ass'n.
106.00
Lakeview Cemetery Ass'n.
92.00
G. W. Holbrook
42.00
The M. D. Jones Co.
69.28
Jesseman's Hardware Store
59.16
Donald Desmond
59.00
Edward R. Corridan
47.25
The Trenton Emblem Co.
28.97
Edward T. Dwyer
20.00
Arthur Evans
18.50
John T. McIsaac
15.00
James McIsaac
9.50
Karl O'Neil, postage
1.03
Total Expended
$1,495.69
Balance to Treasury
4.31
Total Appropriation. March 1, 1937
1,500.00
Municipal Buildings Insurance Fund :
Weymouth Trust Co. - Savings Department
$ 1.00
Appropriation. March 1. 1937
1.00
Reserve Fund :
Appropriation, March 1, 1937
$ 15,000.00
Transferred to appropriation account as follows:
April 26, 1937
Old Age Assistance - Administration
$ 875.00
May 11, 1937
Accounting Dept.
100.00
July 14, 1937
Accounting Dept.
200.00
July 16, 1937
Fire Dept.
300.00
Retirement Board - Expenses
500.00
Soldiers' Benefits
2,500.00
October 7, 1937
Welfare - Administration
459.64
Observance Memorial Day
23.85
October 28, 1937
Street Department
3,500.00
$ 1,500.00
306
November 24, 1937
Maintenance Town Hall
272.00
Health Department
1,473.00
Street Department
2,000.00
Old Age Assistance - Administration
395.15
Fire Insuranec
45.98
December 23, 1937
Fire Department
350.00
W. P. A. Committee
2,005.38
Total
15,000.00
Alewife Fishery :
Thomas M. O'Toole, services
$ 100.00
Thomas M. O'Toole, truck
72.00
Patrick Hyland
85.00
John Cavanaugh
30.00
Paul Valicenti
25.00
John Dwyer
20.00
C. R. Denbroeder
10.35
Bellingham Hardware Co., Inc.
6.55
Total Expended
$ 348.90
Balance to Treasury
1.10
Total
$ 350.00
Appropriation, March 1, 1937
350.00
Interest and Discount :
Interest, Notes New Adams Schoolhouse
$ 1,102.50
Interest, Notes Bicknell Schoolhouse
1,700.00
Interest, Bonds Bicknell Schoolhouse
3,240.00
Interest, Bonds High School Add'n., 1923
3,315.00
Interest, Bonds High School Add'n., 1927
5,362.50
Interest, Bonds Hunt School Add'n.
4,275.00
Interest, Bonds Nevin Schoolhouse
40.00
Interest, Bonds New Town Infirmary
552.50
Interest, Notes Pond Schoolhouse
1,275.00
Interest, Notes Pratt Schoolhouse Add'n.
1,080.00
Interest, Bonds Ward Two Fire Station
700.00
Interest, Notes Ward Three Fire Station
135.00
Discount on Anticipation of Revenue Notes
2,048.39
Total Expended
$ 24,825.89
Balance to Treasury
174.11
Balance to 1938 account
1.94
Total
$ 25,001.94
Appropriation, March 1, 1937
$ 25,000.00
Accrued Interest
1.94
Total
25,001.94
307
Note and Bond Retirement:
Debt maturing June 1, 1937
$ 2,000.00
Debt maturing July 1, 1937
44,000.00
Debt maturing Oct. 1, 1937
3,000.00
Debt maturing Nov. 1, 1937
18,000.00
Total Expended Appropriation, March 1, 1937
$ 67,000.00 67,000.00
Notes Payable in Anticipation of Revenue :
Balance from 1936 account
Total Appropriation in 1937
$200,000.00 600,000.00
Total
$800,000.00
Total payment in 1937
600,000.00
Balance to 1938 account
$200,000.00
State Liabilities :
State Tax
$ 83,422.50
Charles River Basin Tax :
For Serial Bonds
129.89
For Sinking Fund
13.96
For Interest
1,385.25
For Maintenance
3,423.27
Metropolitan Parks Tax:
For Sinking Fund
729.55
For Serial Bonds
25.98
For Interest
2,322.65
For Maintenance
13,351.55
Metropolitan Planning Tax
234.32
Metropolitan Parks Tax - Series Two:
For Sinking Fund
238.05
For Serial Bonds
916.54
For Interest
1,131.28
Nantasket:
For Maintenance
1,360.00
Wellington Bridge :
For Maintenance
44.15
Metropolitan Sewerage - Southern System :
For Sinking Fund
7,602.06
For Serial Bonds
6,715.10
For Interest
12,926.67
For Maintenance
8,788.63
Abatement of Smoke Nuisance
489.57
Auditing Municipal Accounts
1,513.81
Veterans' Exemption
98.08
Land Taking, Revere Highway
166.26
308
Ways in Malden, Braintree, Weymouth and Hingham 08
West Roxbury - Brookline Parkway 255.69
Metropolitan Sewerage Special, South 18,243.43
Special: Fore River Draw Bridge
2,475.38
Total Expended
Appropriation in tax levy
$168,003.70 160,059.35
Expended in excess
$ 7,944.35
County Liabilities :
$ 40,707.69
Norfolk County Tax 1937 Appropriation in tax levy
40,653.85
Expended in excess
$ 53.84
Abatement and Remittance of Taxes:
Appropriation for Abatements and Remittances:
Balance from 1936 account
$ 17.071.62 89.11
Levy of 1937. for 1935 account
1,443.26
Levy of 1937, for 1937 account
16,415.40
Total
$ 35.019.39
Abatements of 1935 Taxes
$ 3,504.19
Abatements of 1936 Taxes
6,853.45
Abatements of 1937 Taxes
9,802.11
Remittance of 1936 Taxes
81.61
Remittance of 1937 Taxes
294.93
Total
20,536.29
Balance to 1938 account
$ 14,483.10
SUMMARY
Total Expended for the year
$2.403,487.22
Less items transferred (not cash)
Abatements
$ 20,159.75
Middle Street Construction
3,022.50
I. P. A.
5,609.00
Reserve Fund
15,000.00
43,791.25
Balance
$2,359,695.97
Cash on hand Dec. 31, 1937
101,988.16
Total
$2,461,684.13
Levy of 1937, for 1934 account
RECAPITULATION AND ESTIMATES
Balances
Receipts and
1937
Balances December 31. 1937
Estimates
January 1.
for
1937
Appropriations Transfers
Totals
Appropriation Account
Expenditures
1938
GENERAL GOVERNMENT
600 00
600.00
Appropriation Committee
600.00
600.00
5,400.00
5.400.00
Selectmen's Department
5.263.84
136.16*
5,400.00
6,490.00
850.00
7.340.00
Accounting Department
7.323.38
16.62*
7,294.00
4,009.00
1,500.00
5.509.00
Treasurer's Department
4.889.86
619.14*
5.481.00
9,599 00
9,599.00
Collector's Department
9.374.65
224.35*
9,577.40
12,219.00
12,219.00
Assessor's Department
12,215.71
3.29*
11.565.00
3.000.00
3.000.00
Legal Department
2.748.38
251.62*
3.000.00
3,658.17+
6,668.17
3,000.00
Damages, Judgments. etc.
7,388.26
4,388.26+
3,000.00
3,893.00
3,898.00
Town Clerk's Department
3,636.91
261.09*
4.699.00
2,058.00
2,068.00
Elections . and Registrations
1,908.30
159.70*
4,280.00
5,500.00
5,500.00
Engineering Department
4,936.92
563.08*
7.300.00
1.00
1.00
By-Laws Committee
1.00
300.00
300.00
Planning Board
235.00
65.00*
300.00
200.00
200.00
Drainage Survey
60.45
139.55
8,228.00
272.00
8.500.00
Town Hall - Maintenance
8.498.30
1.70*
8.228.00
500.00
500.00
Town Hall - Heating
500.00
750.00
750.00
Town Hall - Weather Stripping
700.00
50.00*
100.00
100.00
Soldiers' Monument, etc.
100.00
100.00
309
310
PROTECTION TO PERSONS AND PROPERTY
72,731.00
72,731.00
Police Department
72,269.83
461.17*
75,590.25
112.78
5,660.00 650.00
5,772.78
New Police Station - P.W.A.
5,772.44
81,459.00
82,109.00
Fire Department
82,068.03
34* 40.97*
101,212.60
40,000.00
40,000.00
New Fire Station - Ward 5
37,101.39
2,898.61*
1,575.00
1,575.00
Building Inspector's Dept.
1,538.97
36.03*
1,975.00
1,250.00
1,250.00
Sealer's Department
1,249.63
.37*
1,250.00
5,000.00
5,000.00
Moth Department
4,989.87
10.13*
5,390.00
1,350.00
1,350.00
Spraying Machine
1,346.50
3.50*
2,250.00
2,250.00
Tree Department
2,246.12
3.88*
5,860.00
500.00
500.00
Town Tree Nursery
499.80
20*
HEALTH AND SANITATION
15,000.00
1,473.00
16,473.00
Health Department
16,473.00
19,875.00
2,000.00
2,000.00
Nurses
2,000.00
2,000.00
11,784.60
11,784.60
Norfolk County Hospital
11,784.60
12,000.00
1,475.07
5,500.00
6,975.07
Garbage Disposal
4,750.03
2,225.04
5,000.00
HIGHWAYS
115,000.00
14,131.50
129,131.50
Street Department
129,131.36
.14* 620.011
129,925.00
1,516.73
20,000.00
14,741.83
36,258.56
Middle Street Construction
36,878.57
20,000.00
800.00
800.00
Harbor Master
800.00
800.00
35,000.00
35,000.00
Street Lighting
34,526.37
473.63*
35,988.20
PUBLIC WELFARE
6,431.14 6,970.00
1,046.35
7,477.49 6,970.00
Administration Town Infirmary
7,402.55 6,052.92
74.94* 917.08*
6,852.00 7,070.00
.
141,265.86 4,000.00 24,223.00
7,397.80
31,620.80
141,265.86 4.000.00 Town Physicians Aid to Dependent Children
161,466.58
20,200.721
183,000.00 4,000.00 40,280.00
OLD AGE ASSISTANCE
2.026.00 88,920.00
1,270.15
3,296.15
Town - Administration
3,284.25
11.90* 7,022.62+
4,407.00 100,000.00
89.38 1,660.69
2,397.53
2,486.91
Federal Grant - Administration
2,486.91
71,928.08
73,588.77
Federal Grant - Assistance
73,588.77
800.00
Old Age Assistance - Special
549.85
10.282.37
800.00 50,000.00
2,005.38
62,287.75
W.P.A. Projects
56,848.20
250.15* 5,439.55
65,000.00
SOLDIERS' BENEFITS
21,700.00
2,500.00
24,200.00
Soldiers' Relief, etc.
25,684.92
1,484.92+
24,000.00
EDUCATION
429,538.03
2,561.97
432,100.00
Support of Schools
431,299.84
800.16*
437,288.40
1,478.02
1,478.02
Smith-Hughes Fund
1,478.02
2,000.00
2,000.00
Purchase Stetson-Hunt Property
2,000.00
4,500.00
Humphrey School Playground
4,500.00
LIBRARIES
20,948.00 1,950.00
952.02
21,900.02
Tufts Library and Branches
21,898.74
1.28*
1,950.00
Fogg Library Reading Room
1,941.00
9.00*
25,398.00 1,941.00
RECREATION
6,500.00
6,500.00
Parks and Playgrounds
6,498.08
1.92*
7,300.00
311
Outside Relief
4,000.00 30,333.42
1,287.38*
88,920.00
Town - Assistance
95,942.62
4,500.00
312
UNCLASSIFIED
800.00
23.85 603.57
823.85
Observance Memorial Day
823.85
800.00
Tufts Lecture Fund
603.57
1.00
1.00
Discharging Incumbrances
1.00*
15.60
3,392.80
3,408.40
Dog License Fees
3,408.40
600.00
600.00
Mosquito Control
600.00
600.00
343.42
45.98
389.40
Fire Insurance
385.66
3.74*
125.00
2,051.04
753.16
2,804.20
Miscellaneous Expenses
2,804.20
2,650.00
1,000.00
1,000.00
Rental School Halls, etc.
890.00
110.00*
2,544.47
2,544.47
Pensions
2,544.47
3,000.00
375.00
500.00
875.00
875.00
880.00
1,361.26
1,361.26
Pension Accumulation Fund
1,361.26
22,735.00
4,982.83
4,982.83
Unpaid Bills
4,975.76
2,551.81
200.00
200.00
Care Old Cemeteries
200.00
200.00
1,500.00
1,500.00
Care Soldiers' Graves
1,495.69
4.31*
1,500.00
1.00
1.00
Municipal Bldg's. Ins. Fund
1.00
1.00
15,000.00
15,000.00
Reserve Fund
15.000.00
15,000.00
PUBLIC SERVICE ENTERPRISE
350.00
Alewife Fishery
348.90
. . 1.10*
350.00
INTEREST AND DEBT REQUIREMENTS
25,000.00 67.000.00
1.94
25,001.94 Interest and Discount
24,825.89
· 176.05§
22,500.00 90.000.00
200.000.00
600,000.00
800,000.00
Anticipation Revenue Notes
600,000.00
200,000.00
AGENCY TRANSACTIONS
160,059.35 40,653.85
160,059.35 State Liabilities 40,653.85 County Liabilities
168,003.70 40,707.69
7,944.35₸ 53.84+
32.75
32.75
Maint. Laban Pratt Fountains
32.75
603.57
350.00
67,000.00 General Bonds and Notes
67,000.00
7.07*
Weymouth Retirement Board : Expenses
REFUNDS
Abatement Account - 1934
89.11+ 1.596.69
89.11 1,443.26
3,039.95
Abatement Account - 1935
3,504.19
464.24* 8,628.98
15,564.04
15,564.04
Abatement Account -- 1936
6,935.06
16,415.40
16,415.40
Abatement Account - 1937
10,097.04
6,318.36
2,403,487.22
197,511.32
1,557,119.66
Balances
239,690.28
Overdrafts
42,178.96
230,557.07
1,632,271.79
738,169.68
2,600,998.54
197,511.32
Note : Balances designated thus (*) transferred to the General Fund. Items designated thus (*) represent overdrafts. Of the item designated thus (§) $1.94 was transferred to the 1938 account and $174.11 to the General Fund. All other balances transferred to the 1938 accounts.
313
314
COMPARATIVE STATEMENT OF ITEMS USED IN DETERMINING THE TAX RATE FOR THE YEARS 1929 to 1932, INCLUSIVE
1929
1930
1931
1932 $ 925,684.48
General Government
$1,075,934.72 $1,147,471.43 $1,060,714.09
Charities Soldiers' Benefits,
Old Age Assistance
105,035.00
133,235.00
193,480.00
256,558.90
Debt Retirement
63,104.00
78,077.70
81,858.00
104,000.00
Interest and Discount
40,000,00
59,331.00
62,000.00
72,337.91
State Liabilities
90,153.21
122,780.27
111,775.32
109,930.73
County Liabilities
48,189.24
49,684.03
52,424.48
41,308.08
Total Charges
$1,422,416.17
$1,590,579.43
$1,562,251.89
$1,509,820.10
Income Tax
$ 125,380.00
$ 152,147.39
$ 131.055.65
$ 100,163.51
Corporation Tax
95,000.00
94,007.51
97,074.64
88,348.12
Estimated Receipts
104,481.77
110,830.93
112,319.98
138,000.00
Free Cash Voted
40,000.00
75,000.00
Poll Taxes
12,144.00
12,528.00
12,986.00
13,384.00
O. A. A. Taxes
6,555.00
6,745.00
Highway Offset
15,008.73
37,558.54
O. A. A. - Refund
16,175.44
Federal Relief Act
Total Credits
$ 377,005.77
$ 369,513.83
$ 450,000.00
$ 400,374.61
Balance To Be
Raised in Levy
1,045,410.40
1,221,065.60
1,112,251.89
1,109,445.49
Tax Rate
24.50
27.50
24.25
24.00
Net Debt
900,000.00
989,000.00
932,000.00
866,000.00
Borrow'g Capacity
329,780.58
333,026.33
494,601.41
563,459.77
Surplus Revenue
117,802.19
183,554.94
164,978.07
177,593.40
1
1
315
COMPARATIVE STATEMENT OF ITEMS USED IN DETERMINING THE TAX RATE FOR THE YEARS 1933 to 1937, INCLUSIVE
1933 $ 903,252.05
1934
1936
1937 $ 959,750.01
338,549.95
312,430.90
337,577.28
306,620.28
306,071.18
80,000.00
70,000.00
70,000.00
70,000.00
67,000.00
55,000.00
58,000.00
37,000.00
28,000.00
25,000.00
228,444.04
151,509.18
151,535.43
146,529.61
163,622.81
35,104.62
34,288.73
47,500.00
41,000.00
40,653.85
$1,640,350.66
$1,523,768.44
$1,525,485.05
$1,535,777.55
$1,562,097.85
$
68,482.03
$ 89,257.45
$ 74,433.35
$ 75,016.97
$ 101,759.01
77,228.03
81,753.38
77,439.44
77,439.44
76,456.70
122,225.71
114,343.22
154,398.53
153,374.71
127,100.00
83,943.30
15,000.00
25,000.00
13,532.00
13,616.00
13,742.00
14,296.00
14,300.00
6,824.00
15,433.41
24,000.00
29,686.85
30,000.00
40,000.00
47,518.14
23,792.24
$
435,186.62
$ 346,762.29
$ 349,700.17
$ 365,127.12
$ 384,615.71
1,205,164.04
1,177,006.15
1,175,784.88
1,170,650.43
1,177,482.14
26.00
25.50
25.50
25.50
25.50
786,000.00
716,000.00
646,000.00
576,000.00
534,000.00
646,628.67
711,779.73
778,386.43
850,360.95
919,382.40
130,772.52
184,786.09
170,864.70
176,436.98
190,439.82
$ 897,539.63
1935 $ 881,872.34
$ 934,627.66
EMERSON R. DIZER,
Town Accountant
316
TOWN OF WEYMOUTH
BALANCE SHEET
DECEMBER, 31, 1937
GENERAL ACCOUNTS
ASSETS
LIABILITIES
Treasurer's Cash : Town
$101,988.16 105,612.04
207,600.20
Temporary Loans: In Anticipation of Revenue : 1937 account Appropriation Balances Town Water
$ 14,807.08 26,655.27
41,462.35
Levy 1937
240,444.53
278,055.15
Motor Vehicle Excise Taxes :
Levy 1936
207.02
8,628.98
Levy 1937
8,186.83
8,393.85
6,318.36
14,947.34
Special Assessments:
Moth, 1936
61.25
Revenue Reserved Until Collected : M. Veh. Excise Taxes
8,393.85
Moth, 1937
367.00
428.25
Moth Assessments
428.25
Tax Title Revenue
55,425.49
Departmental Accounts
46,945.96
Water Liens Revenue
4,874.18
Departmental
· 46,945.96
Water
30,562.56
146,630.29
Construction
3,108.50
30,562.56
Water Liens Tax Titles
55,425.49
Appropriation Overdrafts:
Judgments
4,388.26
Street Construction
620.01
Public Welfare
20,200.72
Tailings Account
701.58
Water
$ 200,000.00
Accounts Receivable :
Taxes-Levy 1936
37,610.62
Reserve Fund - Overlay Surplus Overlays Reserved for Abatements: Levy of 1936 Levy of 1937
1,326.45
Water Department:
Rates
27,454.06
4,874.18
Soldiers' Benefits Old Age Assistance Overlay - 1935 State and County Liabilities
1,484.92 7,022.62 464.24
7,998.19
42.178.96
Loan authorized - unissued: Land Bordering Pond
5,000.00
Surplus Revenue : Town Water
190,439.82 83,956.77
274,396.59
$ 679,464.60
$
679,464.60
REAL ESTATE AND PERSONAL PROPERTY ACCOUNT
Land Buildings Personal
$ 373,175.00 1,879,025.00 1,536,274.40
Real Estate and Personal Property
$3,788,474.40
$3,788.474.40
$3,788,474.40
317
318
DEBT ACCOUNTS
Net General Debt
$ 534,000.00
High School Addition Loan - 1923
$ 72,000.00
New Town Infirmary Loan
12,000.00
Bicknell Schoolhouse Loan
35,000.00
Pratt Schoolhouse Addition Loan
24,000.00
High School Addition Loan - 1927
130,000.00
Hunt Schoolhouse Addition Loan
90,000.00
Pond Schoolhouse Loan
28,000.00
Ward Three Fire Station Loan
2,000.00
Ward Two Fire Station Loan
15,000.00
Bicknell Schoolhouse Addition Loan
78,000.00
Adams Schoolhouse Loan
23,000.00
Public Relief Loan
25,000.00
$ 534,000.00
$ 534,000.00
WEYMOUTH CONTRIBUTORY RETIREMENT FUNDS
Cash and Securities $ 6,396.46
Annuity Savings Fund
$ 6,247.74
Pension Accumulation Fund
115.19
Expense Fund
24.86
Undistributed Income
8.67
$ 6,396.46
$ 6,396.46
4
TRUST AND INVESTMENT ACCOUNTS
'Trust and Investment Funds : Cash and Securities $ 583,757.66
Tufts Fund, Free Public Lectures LA 5,000.00
Tufts Fund, Free Public Lectures, Income
3,907.54
Tufts Fund, Reading Room
2,500.00
Tufts Fund, Books
2,500.00
Tufts Fund, Sidewalks & Shade Trees
2,000.00
Tufts Fund, Sidewalks & Shade Trees, Income
78.25
Tufts Fund, Care Tufts Tomb
500.00
John C. Rhines Fund
10,000.00
John C. Rhines Fund, Income
5,437.30
Elias S. Beals Park Fund
1,000.00
Elias S. Beals Park Fund, Income
86.84
Laban Pratt Hospital Fund
300,000.00
Laban Pratt Hospital Fund, Income
193,641.22
Laban Pratt Fountain Fund
400.00
Laban Pratt Fountain Fund, Income
416.79
Augustus J. Richards Library Fund
5,000.00
Joseph E. Trask Library Fund
12,805.88
Susannah Hunt Stetson Library Fund
2,500.00
Tirrell Donation Library Fund
1,000.00
Francis Flint Forsythe Library Fund
1,000.00
Arthur E. Pratt Library Fund
3,000.00
Charles Henry Pratt Library Fund
500.00
William H. Pratt Library Fund
2,798.80
Weymouth Back River Bridge Fund
3,000.00
Municipal Buildings Insurance Fund
24,604.79
Martha Hannah King Fund
60.25
$ 583,757.66
$ 583,757.66
319
320
DEBT STATEMENT - JANUARY 1, 1938
Assessors' Valuation for the year 1935 Less Abatements to December 31, 1937
$ 46,838,780.00 729,835.00
$ 46,108,945.00
Assessors' Valuation of Motor Vehicles for 1935
1,289,663.00
Less Abatements to December 31, 1937
64,440.00
1,225,223.00
$ 47,334.168.00
Assessors' Valuation for the year 1936
46,942,627.00
Less Abatements to December 31, 1937
850,742.00
46,091.885.00
Assessors' Valuation of Motor Vehicles for 1936 Less Abatements to December 31, 1937
92,260.00
1,462,970.00
47,554,855.00
Assessors' Valuation for the year 1937
46,792,437.00
Less Abatements to December 31, 1937
377,060.00
46,415,377.00
Assessors' Valuation of Motor Vehicles for 1937
1.626,380.00
Less Abatements to December 31, 1937
92,540.00
1,533,840.00
47,949,217.00
Gross net valuation for the last three years Average valuation
47,612,746.66
3 per cent
$
1,428,382.40
Total debt of all kinds incurred and outstanding : Schoolhouses
$ 480,000.00
Fire Stations
17,000.00
New Town Infirmary
12,000.00
Public Relief Loan
25,000.00
Water Bonds and Notes
129,000.00
Anticipation of Revenue Notes
200,000.00
$ 863,500.00
$ 863,500.00
$142,838,240.00
1,555,230.00
Less debts outside the debt limit: Water Bonds, General Laws Water Notes, General Laws Public Relief Loan Anticipation of Revenue Notes
Balance of debt within the debt limit
BORROWING CAPACITY AS OF DECEMBER 31, 1937
$ 79,000.00 50,500.00 25,000.00 200,000.00
354,500.00
509,000.00 $ 919,382.40
EMERSON R. DIZER,
Town Accountant.
321
322
TOWN TREASURER'S REPORT
To the Citizens of the Town of Weymouth :
Following is my first, report as your custodian of Town Funds:
RECEIPTS
For Notes Given in Anticipation of Revenue :
January 4, Due November 19, 1937 @ .294% Discount $ 200,000.00
January 11, Due November 19, 1937 @ .28% Discount 100,000.00
August 2, Due October 25, 1937 @ .40% Discount
100,000.00
August 2, Due August 2, 1938 @ .60% Discount
200,000.00
Total in Anticipation of Revenue
$ 600,000.00
For Emergency Loan for Public Welfare Expenses:
October 18, due October 18, 1938 @ .56% payable annually
25,000.00
$ 625,000.00
School Department
6,632.18
Street Department
107.65
Licenses & Permits
18,895.35
Dog Licenses
3,392.80
Building Inspector
683.00
Board of Health - Plumbing Inspector
896.00
Refund Welfare
22.970.06
State Treasurer
365,626.19
Commonwealth of Massachusetts a/c Middle Street
14,741.83
Sealer's Fees
363.82
Tax Releases
44.470.26
Board of Health
2.50
Board of Health - Dental Clinic
121.70
Bathhouse Locker Fees
4.50
Water Department - Accounting Department
550.00
Moth Department
30.00
Court Fines
942.70
Tufts Library Fines
887.89
County Treasurer - Dog Tax Refund
2,561.97
Alewife Fishery
201.30
Income Trust Funds
952.02
Taxes-1935
35.116.86
Taxes-1935 Interest
2.052.71
Taxes-1936
206,371.16
Taxes-1936 Interest
5,302.82
Taxes-1937
991,970.01
Taxes-1937 Interest
380.57
Insurance Refund
97.76
Transfer Tufts Lecture Fund - Concerts and Lectures
603.57
Transfer Laban Pratt Fountain Fund
32.75
Water Department Toward Collecting Expense
1,500.00
Taxes paid after being rebated
38.64
Accrued Interest Emergency Loan Public Welfare Expense
1.94
Miscellaneous
446.00
Total Cash in Banks January 1, 1937
$2,353.948.51
101.962.84
Total
$2,455,911.35
323
DISBURSEMENTS
Paid on Selectmen's Warrants For:
Notes given in Anticipation of Revenue Other Notes and Bonds Sundry Appropriations
$ 600,000.00 67,000.00 1,686,923.53
Total Cash in Banks December 31, 1937
101,987.82
Total
$2,455,911.35
P. W. A. PROJECT No. 1236-R Police Station
RECEIPTS
Final Payment of Grant
$ 5,660.00
Cash on Hand December 31, 1936
112.78
Total
$ 5.772.78
DISBURSEMENTS
Paid on Selectmen's Warrants
$ 5,772.44
Cash on hand December 31, 1937
.34
Total
$ 5,772.78
ASSETS
Due from F. W. Holbrook, Collector of Taxes, 1936
$ 37,878.89
Due from F. W. Holbrook, Collector of Taxes, 1937 Trust Funds
375.559.68
Accumulated Interest Trust Funds
208,197.98
Deposit Weymouth Trust Company
71,323.03
Deposit First National Bank of Boston
3,984.75
Deposit Second National Bank of Boston
6,195.62
Deposit Merchants National Bank of Boston
10,484.42
Deposit Granite Trust Company of Quincy
10,000.00
Sundry Bills Receivable
46,945.96
$1,019,568.69
Less outstanding checks
27,993.92
Total Assets
$ 991,564.77
LIABILITIES BONDS AND NOTES 1938
June 1, Engine House, Ward 3, 41/2 per cent
$ 2,000.00
July 1, Engine House, Ward 2, 4 per cent
5,000.00
July 1, Bicknell School Addition, 4 per cent
6,000.00
July 1, High School Building, 414 per cent
12,000.00
July 1, Town Home, 41/4 per cent
2,000.00
July 1, Pond Plain Schoolhouse, 41/4 per cent
4,000.00
July 1, New Hunt Schoolhouse, 41/2 per cent July 1, New Adams School, 41/2 per cent
3,000.00
Oct. 1, Pratt Schoolhouse Addition, 4 per cent
3.000.00
Oct. 18, Emergency Loan Public Welfare Expense, .56 per cent 25,000.00
Nov. 1, Bicknell Schoolhouse, 41/4 per cent 5,000.00
Nov. 1, High School Building Addition 334 per cent
13,000.00
$ 90,000.00
10,000.00
248, 998.36
$2,353,923.53
324
1939
July 1, Engine House, Ward 2. 4 per cent
$ 5.000.00
July 1, Bicknell School Addition. 4 per cent
6,000.00
July 1, High School Building. 414 per cent July 1, Town Home, 414 per cent
12,000.00
2.000.00
July 1, Pond Plain Schoolhouse, 414 per cent
4,000.00
July 1, New Hunt Schoolhouse, 41/2 per cent
10,000.00
July 1, New Adams School, 41/2 per cent
3,000.00
Oct. 1, Pratt Schoolhouse Addition, 4 per cent
3.000.00
Nov. 1. Bicknell Schoolhouse, 414 per cent
5,000.00
Nov. 1, High School Building Addition. 334 per cent
13,000.00
$ 63,000.00
1940-1950
July 1, Engine House, Ward 2. 1940-1950
$ 5,000.00
July 1, Bicknell School Addition 1940-1950
60.000.00
July 1, High School Building 1940-1941
48.000.00
July 1, Town Home 1940-1943
8.C00.00
July 1. Pond Plain Schoolhouse 1940-1944
20,000.00
July 1, New Hunt Schoolhouse 1940-1946
70,000.00
July 1, New Adams School 1940-1945
17,000.00
Oct. 1, Pratt Schoolhouse Addition 1940-1945
18,000.00
Nov. 1, Bicknell Schoolhouse 1940-1944
25,000.00
Nov. 1, High School Building Addition 1939-1947
104,000.00
$ 375,000.00
TOTAL AMOUNTS OF NOTES AND BONDS OUTSTANDING
Fire Station Ward 3, 1938-1939
$ 2,000.00
Fire Station Ward 2, 1938-1940
15,000.00
Bicknell Schoolhouse Addition. 1938-1950
78.000.00
High School Building, 1938-1943
72,000.00
Town Home, 1938-1943
12,000.00
Pond Plain Schoolhouse. 1938-1944
28,000.00
New Hunt Schoolhouse, 1938-1946
90.000.00
New Adams Schoolhouse, 1938-1945
23,000.00
Pratt Schoolhouse Addition, 1938-1945
24.000.00
Bicknell Schoolhouse, 1938-1944
35,000.00
High School Building Addition, 1938-1947
130,000.00
Emergency Loan Public Welfare Expense 1938
25.000.00
Total Debt except Anticipation of Revenue Notes Anticipation of Revenue Notes, 1938
$ 534,000.00
200.000.00
$ 734,000.00
Total
325
TRUST FUNDS
LABAN PRATT HOSPITAL FUND
Original bequest, July 22, 1925
$
300,000.00
Interest on Bank Deposits to January 1, 1937
179,717.86
Total Fund January 1, 1937
$
479,717.86
INCOME 1937
East Weymouth Savings Bank, interest $3,639.77
South Weymouth Savings Bank, interest
3,614.35
Weymouth Savings Bank Interest
3,685.76
Weymouth Trust Co., Savings Dept. Interest
2,983.48
Total Fund December 31, 1937
$ 493,641.22
INVESTMENTS OF THIS FUND
Deposit in the East Weymouth Savings Bank
$ 124,062.54
Deposit in the Weymouth Savings Bank
125,171.27
Deposit in the South Weymouth Savings Bank
123,195.94
Deposit in the Weymouth Trust Co. Sav. Dept.
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