USA > Massachusetts > Norfolk County > Weymouth > Town annual report of Weymouth 1960 > Part 15
Note: The text from this book was generated using artificial intelligence so there may be some errors. The full pages can be found on Archive.org (link on the Part 1 page).
Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 | Part 16 | Part 17 | Part 18 | Part 19 | Part 20 | Part 21 | Part 22 | Part 23 | Part 24 | Part 25 | Part 26
2,375.77
Land - Well Location - off Pleasant Street
20,000.00
Purchase Land - Winter Street for Wells
20,000.00
Well Development - Whitman's Pond (Loan 59)
59,251.17
Equipment Account
20,842.18
Stock Account
24,519.69
Appropriations - March 7, 1960
From Revenue
389,325.00
From General Fund
55,000.00
Transfer Credits:
Equipment Account
22,778.58
Stock Account
53,228.87
Premium on Bond Issue
72.00
Overpayment of Bill
33.40
$729,331.47
Expended :
Filter Plant Improvements - 1959
$3,450.56
Water Mains - 1959
14,623.60
Water Mains - 1960
25,000.00
Purchase Land on Pond
250.00
Land - Well Location - Off Pleasant
3,589.10
Land - Winter Street for Wells
215.54
Water Construction Loan of 1958
19,542.74
Well Development-Whitman s Pond (1959 Loan) 48,248.05
Minor Construction
17,122.94
New Services
18,080.19
Maintenance and Operation
195,806.26
Replacements
26,443.83
Commercial Expenses
40,132.20
Interest
13,621.50
Debt Retirement
61,000.00
Private Work
13,084.41
Equipment Account
30,573.53
Stock Account
57,258.21
588,042.66
Balance Unexpended
$141,288.81
Balance to Revenue
34,139.07
Balances to 1960 Accounts
107,149.74
$141,288.81
197
Balances to 1960 Accounts:
Improvements - Pumping Station - 1957
$11,062.83
Filter Plant Improvements - 1950
8,041.54
Water Mains - 1959
5,183.54
Land - Well Location - Off Pleasant Street
16,410.90
Purchase Land - Winter Street for Wells
19,784.46
Well Development-Whitman's Pond-Loan 1959 11,003.12 Purchase Land on Pond
2,125.77
Equipment Account
13,047.23
Stock Account
20,490.35
$107,149.74
198
WATER DEPARTMENT
BALANCE SHEET ASSETS
DECEMBER 31, 1960 LIABILITIES
Treasurer's Cash
$171,851.84
Water Construction Deposits
$1,847.03
Unexpended Appropriation Balances:
Water - Rates
$82,713.66
New Services
1,326.20
Private Work
2,578.07
Filter Plant Improvements - 1950
8,041.54
Liens - 1959
273.26
Liens - 1960
3,849.41
90,740.60
Land - Well -Location -
Off Pleasant Street 16,410.90
Purchase Land - Winter Street - for Wells 19,784.46
Well Development-Whitman's Pond 11,003.12
Purchase Land on Pond
2,125.77
Equipment Account 13,047.23
Stock Account 20,490.35
107,149.74
Revenue Reserved Until Collected 90,740.60 Surplus Revenue (E & D) 62,808.83 Unclaimed Checks 46.24
$262,592.44
$262,592.44
-
Accounts Receivable :
Improvements :
Pumping Station - 1957 $11,062.83
Water Mains - 1959
5,183.54
199
WATER DEBT ACCOUNT
Net Water Debt
$476,000.00 Water Loan - August 1, 1948
$30,000.00
Water Loan - April 1, 1950
15,000.00
Water Loan - October 1, 1951
37,000.00
Water Loan - May 15, 1954
90,000.00
Water Loan - November 1, 1956
140,000.00
Water Loan - November 1, 1958
80,000.00
Water Loan - April 1, 1959
84,000.00
$476,000.00
$476,000.00
WARREN F. ROULSTON Town Accountant
200
1960 REPORT OF THE TREASURER FOR THE WATER DEPARTMENT RECEIPTS
Water Rents
$341,830.70
New Services
11,119.53
Private Account
12,852.42
Water Liens
26,861.56
Construction Deposits
17,458.00
Savings Bank Interest
7,638.83
Refund of Mass. Gasoline Excise Tax
149.05
Refund of Telephone Co.
195.80
Refund from Quincy Ledger
33.40
$418,139.29
Cash on hand January 1, 1960
283,566.00
$701,705.29
PAYMENTS
Paid on Selectmen's Warrants for: Notes and Bonds Sundry Appropriations
$ 61,000.00
468,853.45
$529,853.45
TREASURER'S CASH
On deposit at State Street Bank & Trust Co.
$ 77.15
On deposit at South Shore National Bank
10,073.67
On deposit at South Weymouth Savings Bank
90,805.92
On deposit at Weymouth Savings Bank
70,670.10
Petty Cash Drawers
225.00
Total Funds December 31, 1960
$171,851.84
WATER FUNDS
Amount due for Water Rents
$ 82,713.66
Amount due for Private
2,578.07
Amount due for New Services
1,326.20
$ 86,617.93
Cash on hand December 31, 1960
171,851.84
$258,469.77
Deposit State Street Bank & Trust Co.
$ 77.15
Deposit Weymouth Savings Bank
70,670.10
Deposit South Weymouth Savings Bank
90,805.92
Deposit South Shore National Checking Account Petty Cash Drawer
10,073.67
225.00
$171,851.84
201
Water Rents, New Services and Private Accounts Receivable
86,617.93
$258,469.77
TOTAL WATER LIABILITIES JANUARY 1, 1961
Construction Loan August 1, 1948-63 Incl.
$ 30,000.00
Additional Water Supply April 1, 1950-65
15,000.00
Water Mains Bonds October 1, 1951-66
37,000.00
Water Dept. Bonds May 15, 1954-69
90,000.00
Water Dept. Bonds November 1. 1956-70
140,000.00
Water Dept. Bonds November 1, 1958-68
80,000.00
Water Dept. Bonds April 1, 1959-74
84,000.00
$476,000.00
NOTES AND BONDS DUE 1961
Construction Loan August 1, 1948
$ 10,000.00
Water Supply April 1, 1950
3,000.00
Water Mains Bonds October 1, 1951
7,000.00
Water Dept. Bonds May 15, 1954
10,000.00
Water Dept. Bonds November 1, 1956
15,000.00
Water Dept. Bonds November 1, 1958
10,000.00
Water Dept. Bonds April 1, 1959
6,000.00
$ 61,000.00
Respectfully submitted, HARRY I. GRANGER
Treasurer of Water Department
1960 FINANCIAL REPORT OF THE COLLECTER FOR THE WATER DEPARTMENT
WATER ACCOUNT CHARGES
Balance due January 1, 1960
$ 69,039.82
Charges to December 31, 1960
383,487.55
$452,527.37
WATER ACCOUNT CREDITS
Cash Paid to Treasurer
$341,830.70
Abatements and Service Transfers
873.44
Transfers to Lien Account
27,109.57
Balance due December 31, 1960
82,713.66
$452,527.37
202
PRIVATE ACCOUNT CHARGES
Balance due January 1, 1960 Charges to December 31, 1960
$ 1,296.81 14,501.88
$ 15,798.69
PRIVATE ACCOUNT CREDITS
Cash Paid to Treasurer Abatements
$ 12,852.42
70.37
Transfers to Lien Account Balance due December 31, 1960
297.83
2,578.07
$ 15,798.69
NEW SERVICE ACCOUNT CHARGES
Balance due January 1, 1960
$ 421.41
Charges to December 31, 1960
12,248.03
$ 12,669.44
NEW SERVICE ACCOUNT CREDITS
Cash Paid to Treasurer
$ 11,119.53
Abatements and Service Transfers
13.49
Transfers to Lien Account
205.22
Balance due December 31, 1960
1,326.20
$ 12,669.44
Respectfully submitted, HARRY I. GRANGER Collector
I have examined the Treasurer's and Collector's accounts in the Wey- mouth Water Department and believe them to be correct. Regular exam- inations of all transactions, with a monthly verification of cash with the official statements of all depositories, satisfies me that the Treasurer has properly accounted for all funds entrusted to him.
WARREN F. ROULSTON
Town Accountant
203
REPORT OF THE WEYMOUTH CONTRIBUTORY RETIREMENT SYSTEM
To the Honorable Board of Selectmen and
The Citizens of Weymouth:
The Weymouth Retirement Board, in accordance with the provisions of Section 20, 4 (B), Chapter 32, General Laws (Ter. Ed.) as amended has carried out the duties entrusted to them for the Contributory Retire- ment System of the Town of Weymouth.
There have been 45 new enrollments and 7 retirements during the year.
Members in the System January 1, 1960
476 (corrected)
Enrolled in 1960
45
Withdrawals 27
Retirements
7
MEMBERSHIP DECEMBER 31, 1960
487
Pensioners January 1, 1960
79
Retired in 1960
7
Deaths in 1960
1
PENSIONERS DECEMBER 31, 1960
85
FINANCIAL REPORT FOR THE YEAR 1960
INCOME
From Members:
Regular Contributions-Group 1
$62,935.98
Additional Contributions-Group 1
542.40
Regular Contributions-Group 2
36,157.80
Deductions (Weymouth Housing Authority)
1,208.67
Late Entry Payments
14.14
Refund-Accidental Disability Pensions
3,028.42
From Municipality:
Pension Fund
106,308.00
Expense Fund
4,316.00
From Weymouth Housing Authority:
Pension Fund
1,256.00
From Other Cities and Towns:
1,046.67
Transfers of Members' Deductions Pension Fund
1,828.49
South Weymouth Savings Bank Interest
3,627.01
Co-operative Banks Dividend
2,380.00
Railroad Bonds, Interest
5,681.25
Telephone Bonds, Interest
8,362.50
Public Utility Bonds, Interest
13,021.90
Mass. Turnpike Authority Bonds, Interest
330.00
204
U. S. Treasury Bonds, Interest Bank Stock Dividends
Sale of Rights-Bank Stock Unclaimed Checks-Written off at end of year
195.39
Accrued Interest December 31, 1960
8,303.98
$268,433.49
Decrease in Market Value of Bank Stock in 1960
_22,846.25
$245,587.24
DISBURSEMENTS
Annuity Payments:
(a) Regular
$ 9,865.82
(b) Ordinary and Accidental Disability
1,766.05
(c) Additional for voluntary contributions 128.28
(d) Beneficiaries under option (c) and (d)
1,938.21
(e) Beneficiaries under Chap. 614-12B
63.72
Pension Payments:
Under Option (a)
$34,520.68
Under Option (b)
43,929.71
Under Option (c)
451.08
Survivor Payments:
Under Option (c)
2,917.56
Under Option (d)
8,105.88
Under Chapter 614-12B
1,736.28
Disability Pension Payments:
Accidental Ordinary
4,128.60
Accidental Death Benefits
$14,982.96
Reimbursements to other Towns and Cities
1,106.45
Refund-Overpayment Acc. Disability Pension
57.84
Refunds:
Group 1 Deposits
$14,980.85
Interest
1,458.88
16,439.73
Group 2
Deposits
7,891.06
Interest
1,417.86
9,308.92
Administrative Expenses:
Supervision
$ 500.00
Clerical Services
2,853.50
Medical Fees
115.00
Printing and Stationery
125.40
Postage and Express
102.62
Travel and Conference Expenses
118.79
Safe Deposit Boxes
22.50
2,687.50
5,101.20
100.19
$260,129.51
205
$25,667.93
Miscellaneous
243.12 $4,080.93
Accrued Interest Paid in 1960
444.68
$181,641.31
Accrued Interest January 1, 1960
7,518.02
$189,159.33
Gain in Assets for the Year 1960
$ 56,427.91
BALANCE SHEET - DECEMBER 31, 1960 ASSETS
Treasurer's Cash :
South Shore National Bank
$ 4,798.95
Investments:
Railroad. Bonds
143,203.11
Telephone Bonds
227,463.43
Public Utility Bonds
387,008.12
Mass. Turnpike Authority Bonds
10,000.00
Co-operative Bank Shares
80,000.00
South Weymouth Savings Bank
100,000.00
Bank Stocks
120,603.75
U. S. Government Bonds
95,000.00
Accrued Interest on Bonds
8,303.98
$1,176,381.34
LIABILITIES
Annuity Savings Fund
$ 876,906.24
Pension Fund
$151,143.11
Annuity Reserve Fund
143,266.67
Military Leave Reserve Fund
3,376.35
Expense Fund
1,688.97
$1,176,381.34
NOTE: This balance sheet will change somewhat after the Division of Insurance sends the new Bank Stock and Bond figures some time in February, 1961, but they have the adjustment made as of Decembber 31, 1960.
206
207
SCHEDULE OF BONDS OWNED DECEMBER 31, 1960
Description of Bonds
Coupon Rate
Maturity
Par Value
Cost to System
Amortized Value
United States Savings Bonds
21/2%
June
1, 1961
$30,000.00
$30,000.00
$30,000.00
United States Savings Bonds
21/2%
April
1, 1962
50,000,00
50,000.00
50,000.00
United States Savings Bonds
21/2%
Dec.
15, 1963-68
15,000.00
15,000.00
15,000.00
Massachusetts Turnpike Authority
3.30%
May
1, 1994
10,000.00
10,000.00
10,000.00
Arkansas Power & Light Co.
31/2%
Sept.
1, 1982
10,000.00
10,325.00
10,284.90
Boston Edison Co.
3 %
Aug.
1, 1984
10,000.00
10,119.00
10,104.44
The California Oregon Power Co.
37/8%
May
1, 1986
10,000.00
10,133.50
10,123.67
Central Maine Power Co.
33/8%
April
1, 1985
15,000.00
14,100.00
15,025.00
Central Vermont Public Service Corp.
31/4%
June
1, 1984
10,000.00
10,095.90
10,084.07
Commonwealth Edison Co.
45/8%
Mar.
1, 1990
20,000.00
19,750.00
20,000.00
Consolidated Edison of New York
434%
June
1, 1990
20,000.00
20,159.80
20,000.00
Cons. Gas & Elec. Lt. & Power Co. of Balt.
3 %
July
15, 1989
10,000.00
10,065.00
10,058.80
The Detroit Edison Co.
31/4%
May
15, 1980
10,000.00
10,000.00
10,000.00
Duquesne Light Co.
41/4%
Mar.
1,.1989
20,000.00
19,675.00
19,675.00
Essex County Electric Co.
31/4%
Feb.
1, 1984
10,000.00
10,250.00
10,218.93
Fall River Electric Light Co.
33/4%
Jan.
1, 1983
10,000.00
10,227.00
10,201.83
Georgia Power Co.
316%
June
1, 1981
10,000.00
10,375.00
10,337.04
Iowa Power & Light Co.
35/8%
June
1, 1986
10,000.00
10,174.90
10,162.25
Kentucky Utilities Co.
334%
April
1, 1986
10,000.00
10,144.70
10,133.74
Lake Superior District Power Co.
334%
Mar.
1, 1983
10,000.00
10,000.00
10,000.00
Minnesota Power & Light Co.
35%%
July
1, 1981
10,000.00
10,400.00
10,356.80
The Montana Power Co.
27/8%
Oct.
1,.1975
5,000.00
4,825.00
4,884.93
New Orleans Public Service, Inc.
41/4%
April
1, 1987
10,000.00
10,082.30
10,077.82
Niagara Mohawk Power Co.
43/4%
April
1, 1990
20,000.00
20,159.80
20,000.00
North Shore Gas Co.
4 %
Dec.
1, 1975
10,000.00
10,137.50
10,117.45
Ohio Edison
41/2%
April
1, 1989
20,000.00
19,700.00
19,710.70
Ohio Power Co.
45/8%
April
1, 1989
20,000.00
20,250.00
20,239.95
Pacific Gas & Electric
3 %
Dec.
1, 1979
10,000.00
10,639.35
10,444.00
Pennsylvania Electric Co.
47/8%
May
1, 1990
20,000.00
20,376.00
20,000.00
208
SCHEDULE OF BANK STOCK OWNED
Public Service Co. of Indiana, Inc.
31/8%
Nov. 1, 1977
5,000.00
5,081.25
5,060.47
Public Service Co. of New Hampshire
3 %
June
1, 1979
5,000.00
5,087.50
5,066.18
Savannah Electric Power Co.
31/4%
Oct.
1, 1984
10,000.00
10,252.00
10,222.83
Savannah Electric Power Co.
37/8%
May
1, 1986
10,000.00
10,223.90
10,207.58
Southern California Edison
35/8%
Aug.
15,.1978
10,000.00
10,000.00
10,000.00
Utah Power & Light Co.
31/2%
Oct.
1, 1982
15,000.00
14,400.00
15,205.14
Wisconsin Electric Power Co.
37/8%
April
15, 1986
10,000.00
10,337.50
10,308.95
Central of Georgia Equip. Trust
35/8%
Sept.
1, 1962
10,000.00
10,135.68
10,056.51
Delaware, Lackawanna & Western R. R. Co. 37/8%
33/4%
May
1, 1965
10,000.00
10,000.00
10,000.00
Gulf, Mobile & Ohio R. R. Co.
33/8%
May
1, 1980
10,000.00
9,958.00
9,963.15
Illinois Central R. R. Co.
31/4%
Aug.
1,.1980
10,000.00
9,962.50
9,970.15
Louisville and Nashville R. R. Co.
33/8%
April
1, 2003
10,000.00
9,917.00
9,921.30
N. Y. Central & Hudson River R. R. Co.
31/2%
July
1, 1997
10,000.00
8,476.56
8,667.32
N. Y., Chicago & St. Louis R. R. Co.
33/4%
July
15, 1968
10,000.00
10,000.00
10,000.00
Northern Pacific Rwy.
4 %
Jan.
1, 1997
10,000.00
6,952.63
7,200.66
Reading Company
35%%
May
15, 1961
10,000.00
10,000.00
10,000.00
Reading Company
31/8%
May
1995
3,000.00
2,565.00
2,613.16
St. Louis - San Francisco Ry. Co.
4 %
Sept.
1, 1980
10,000.00
9,921.00
9,929.94
Southern Pacific Ry
27/8%
Jan.
1, 1986
10,000.00
9,926.73
9,936.63
Southern Railway
33/4%
July
15, 1966
10,000.00
9,960.90
9,971.45
Western Maryland Railway Co.
31/2%
Oct.
1, 1979
5,000.00
5,075.00
5,064.11
Western Maryland Railway Co.
33/4%
May
1, 1965
10,000.00
9,958.72
9,968.71
American Tel. & Tel. Co.
23/4%
April
1, 1982
10,000.00
10,075.00
10,049.72
American Tel. & Tel. Co.
31/4%
Sept.
1, 1984
10,000.00
10,252.00
10,114.21
American Tel. & Tel. Co.
43/8%
April
1, 1985
10,000.00
10,121.40
10,222.83
Associated Telephone Co., Lt.
35/8%
Oct.
1, 1981
10,000.00
10,325.00
10,295.84
The Chesa. & Potomac Tel. Co., Baltimore
31/4%
Feb.
1, 1995
10,000.00
10,284.00
10,254.47
General Telephone Co. of California
41/2%
Sept.
1, 1986
20,000.00
20,000.00
20,000.00
Illinois Bell Telephone
43/8%
Mar.
1, 1994
20,000.00
19,800.00
19,806.47
Mountain States Tel. & Tel. Co.
3 %
Aug.
1, 1989
10,000.00
10,108.60
10,098.06
Mountain States Tel. & Tel. Co.
43/8%
Feb.
1, 1988
10,000.00
10,312.50
10,303.49
New England Tel. & Tel. Co.
4 %
April
1, 1993
20,000.00
20,574.00
20,558.96
May
15, 1965
10,000.00
9,908.55
9,940.02
Denver & Rio Grande Western R. R. Co.
1,
New Jersey Bell Telephone Co.
3 %
May
1, 1989
10,000.00
10,100.00
10,097.43
New Jersey Bell Telephone Co.
37/8%
April
1, 1993
10,000.00
10,225.00
10,216.86
Northwestern Bell Telephone Co.
47/8%
June
1, 1998
20,000.00
20,260.80
20,000.00
The Pacific Tel. & Tel. Co.
234%
Dec.
1, 1985
5,000.00
4,650.00
4,724.00
The Pacific Tel. & Tel. Co.
43/8%
Aug.
15, 1988
20,000.00
20,528.00
20,511.88
Southern New England Tel. Co.
41/8%
Mar.
1, 1991
10,000.00
10,550.00
10,533.83
Southwestern Bell Telephone
23/4%
Oct.
1, 1985
10,000.00
9,250.00
9,314.58
Wisconsin Telephone
41/2%
July
1, 1992
10,000.00
10,100.00
10,100.00
$863,000.00
$862,781.47
$863,718.26
SCHEDULE OF BANK STOCK OWNED
Name of Bank
No. of Shares
Cost to System
Market Value
Chemical Corn Exchange Bank, N. Y.
340
$ 12,553.80
$ 18,487.50
The First National City Bank of N. Y.
284
12,586.06
21,122.50
Morgan Guaranty Trust Co., N. Y.
210
10,307.50
20,475.00
Chase Manhattan Bank, N.Y.
655
19,068.13
38,153.75
First National Bank, Boston
315
11,745.59
22,365.00
$ 66,261.08
$120,603.75
North Weymouth Co-operative Bank
Matured Shares
$ 1,966.00
$ 2,000.00
North Weymouth Co-operative Bank
Paid Up Shares
14,000.00
14,000.00
South Shore Co-operative Bank
Paid Up Shares
16,000.00
16,000.00
South Weymouth Co-operative Bank
Paid Up Shares
16,000.00
16,000.00
Quincy Co-operative Bank
Paid Up Shares
16,000.00
16,000.00
Hingham Co-operative Bank
Paid Up Shares
16,000.00
16,000.00
$ 79,966.00
$ 80,000.00
Respectfully submitted, ERLE R. STARRATT, Chairman WARREN F. ROULSTON, Secretary THOMAS M. WELCH
200
ASSESSORS' REPORT FOR THE YEAR 1960
January 10, 1961
To the Honorable Board of Selectmen,
Weymouth, Massachusetts.
Gentlemen:
We have assessed upon the polls, motor vehicle and trailer excise, farm animal excise, water liens, sewerage and estates of all persons liable to taxation, the sum of $7,834,964.88, and have committed the same to Frank W. Holbrook, Esq., the duly elected Collector of Taxes, with our warrants in due form of law, for the collections and payments, in accord- ance with the votes of the Town of Weymouth and warrants of the County of Norfolk and the Commonwealth of Massachusetts.
Real Estate
Personal
$5,135,043.62 1,892,560.75 699,872.57
Motor Vehicle Excise
Polls
23,592.00
Water Liens
27,612.62
Farm Animal Excise
105.74
Sewer:
Common
$16,721.74
Interest
5,787.23
Particular
23,365.75
Interest
10,302.86
$
56,177.58
State Liabilities
State Parks & Reservations $ 72,022.61
State Audit of Municipal Accounts
5,534.69
State Examination of Retirement System
188.23
Smoke Inspection Service
1,505.53
Metropolitan Sewerage-South System
138,128.53
$ 217,379.59
Underestimates of 1959:
Smoke Inspection Service
3.42
Old Colony Trans. Area
518.16
$ 521.58
$ 217,901.17
County Liabilities
County Tax
Tuberculosis Hospital Assessment
$ 162,219.43 83,419.02
$ 245,638.45
$ 245,538.45
210
$ 7,834,964.88
Estimated Receipts &
Available Funds
Income Tax
$ 561,792.77
Corporation Taxes
239,292.38
Old Age Tax
17,353.27
Motor Vehicle & Trailer Excise
550,000.00
Licenses
22,000.00
Fines
300.00
General Government
18,000.00
Protection of Persons & Property
360.00
Health & Sanitation
4,000.00
Unclassified
50,000.00
Charities
87,000.00
Old Age Assistance
295.000.00
Veterans' Services
65,000.00
Schools
150,000.00
Libraries
3,500.00
Public Service Enterprises
409,000.00
Interest (on Taxes & Assessments)
30,000.00
State Assistance for School Construction 155,704.50
Farm Animal Excise
200.00
Vocational School Grant
60,000.00
Inspection
10,000.00
Sealer
750.00
Sewer Department
20,000.00
$ 2,749,252.92
$ 2,749,252.92
Overestimates of 1959:
County Tax
$ 37,603.08
Metropolitan Parks
5,826.93
Metropolitan Sewerage- (South System)
10,739.17
$ 54,169.18
Amounts voted to be taken from Available Funds:
June 15, 1959
$ 87,137.00
Nov. 2, 1959
30,500.00
March 7 and 9, 1960
1,112,269.67
April 25, 1960
515,261.87
$ 1,745,168.54
$ 1,799,337.72
Total Estimated Receipts and Available Funds
$ 4,548,590.64
Summary - 1960
Appropriations: Town Meeting Taken from available funds Deficits: 1957
$ 9,227,514.72 1,745,168.54 103.75
$ 10,972,787.01
211
State Liabilities County Liabilities Overlay
217,901.17 245,638.45 163,707.46
Total
$ 11,600,034.09
Estimated Receipts and Available Funds
4,548,590.64
Net Amount to be Raised by Taxation
$ 7,051,443.45
Table of Aggregates
Tax Rates for the year 1960:
Real and Personal
$ 59.60
Motor Vehicle and Trailer Excise Farm Animal Excise
5.00
Valuation for the year 1960:
Real Estate
Personal
$ 86,155,750.00 31,754,375.00
Total
$ 117,910,125.00
Motor Vehicle and Trailer Excise
11,936,980.00
Farm Animal Excise
21,141.00
Number of Motor Vehicles and Trailers Assessed
22,382
Number of Polls Assessed
11,782
Number of Polls Exempted by Law or Otherwise
642
Number of Persons Assessed
21,999
Number of Horses Assessed
9
Number of Cows Assessed
101
Number of Other Neat Cattle Assessed
18
Number of Fowl Assessed
7,184
Number of Acres of Land Assessed
7,403 Acres
Number of Dwelling Houses Assessed
plus 36,018 sq. ft. 11,785
Respectfully submitted,
CHARLES W. BURGESS, Chairman
JOSEPH CREHAN, Exec. Secretary
EDWARD F. BUTLER
GEORGE H. BELL, JR. J. WARREN HEFFERNAN
Board of Assessors of Weymouth
212
66.96
REPORT OF THE COLLECTOR OF TAXES
January 16, 1961
To the Honorable Board of Selectmen
Town of Weymouth
I am pleased to submit to you and, through you, to the citizens of Weymouth, my Annual Report of the taxes, interest and charges collected by me as Collector of Taxes during the year 1960. These collections, as made and paid over to the Town Treasurer, apply to the several lists committed to me by the Board of Assessors for the years 1958, 1959 and 1960, and include assessments of Real and Personal Property, Polls, Motor Vehicle and Trailer Excise, Farm Animal Excise, Common and Particular Sewer, Water Liens and Building Removal Liens.
1958 TAXES
Balance Outstanding January 1, 1960
$ 13,614.70
(Includes all kinds of 1958 taxes)
Add Interest and Charges Collected in 1960:
Personal
$ 2.35
Real Estate
500.91
Motor Vehicle and Trailer Excise
267.00
Polls
.90
$ 771.16
Total
$14,385.86
Less Collections of 1958 Taxes:
Personal
$ 10.48
Real Estate
5,630.82
Water Liens
254.60
Common Sewer-Apportioned
59.00
Particular Sewer-Apportioned
16.17
Interest-Apportioned Sewer
32.98
Motor Vehicle and Trailer Excise
1,805.33
Polls
2.00
Interest and Charges as above
771.16
Total
$8,582.54
Less Abatements and Tax Title Credits on 1958 Taxes:
Real Estate
$ 301.30
Motor Vehicle and Trailer Excise
3,305.14
Polls
28.00
Real Estate Tax Title Credits
1,379.43
Common Sewer-Apportioned Tax Title Credits
10.00
Particular Sewer-Apportioned Tax Title Credits 8.00
Interest-Apportioned Sewer Tax Title Credits 11.48
Water Lien Tax Title Credits
110.65
Transferred to Asset Account Pending Settlement of Damages (Mason B. Fleming Property)
213
Real Estate Common Sewer-Apportioned
324.88 $
56.00
Interest-Apportioned Sewer
13.44
Total $5,548.32
Total Abatements, Collections and Tax Title Credits $ 14,130.86
Balance of 1958 Taxes Outstanding December 31, 1960
255.00
Summary of Outstanding 1958 Taxes: Motor Vehicle and Trailer Excise
255.00
1959 TAXES
Balance Outstanding January 1, 1960
. (Includes all kinds of 1959 taxes)
$361,817.87
Additional December 31, 1959 Motor Vehicle and Trailer Excise
Commitment A
25,640.34
Commitment B
16,600.00
Commitment C
23,175.15
Commitment D
10,420.78
Commitment E
73.49
Commitment F
296.60
Commitment G
8.55
Commitment H
62.53
Add Interest and Charges Collected in 1960:
Personal
$ 2.18
Real Estate
2,721.40
Motor Vehicle and Trailer Excise
6,670.87
Polls
100.60
Sewer-Unapportioned
5.30
Farm Animal Excise
.50
Building Removal Lien
19.50
Total
$9,520.35
Add Refunds on 1959 Taxes:
Real Estate
$3,811.51
Polls
2.00
Motor Vehicle and Trailer Excise
4,637.43
8,450.94
Total
$456,066.60
Less Collections of 1959 Taxes:
Personal
$ 2,582.98
Real Estate
98,077.94
Common Sewer-Apportioned
645.94
Particular Sewer-Apportioned
501.59
Interest-Apportioned Sewer
426.94
Water Lien
2,481.30
Polls
242.00
Motor Vehicle and Trailer Excise
147,263.65
214
Farm Animal Excise Building Removal Lien
Common Sewer-Unapportioned
Particular Sewer-Unapportioned Interest and Charges on Above
9,520.35
Total
$290,908.13
Less Abatements and Tax Title Credits on 1959 Taxes:
Personal
$ 133.48
Real Estate
5,451.20
Polls 244.00
Motor Vehicle and Trailer Excise
33,760.52
Particular Sewer-Unapportioned
28.13
Real Estate Tax Title Credits
1,322.31
Common Sewer-Apportioned-Tax Title Credits
5.00
Interest-Apportioned Sewer Tax Title Credits 3.00
Water Liens Tax Title Credits
85.78
Re-Committed Common Sewer
22,000.92
Re-Committed Particular Sewer
82,484.75
Total $145,519.09
Small Claims Judgment:
Personal $ 11.36
Transferred to Asset Account Pending Settlement of Damages
(Mason B. Fleming Property)
Real Estate $ 88.04
Common Sewer-Apportioned
56.00
Interest-Apportioned Sewer 11.20
$ 155.24
Total Collections, Abatements and Tax Title Credits
$436,593.82
Percentage Collected on 1959 Taxes-99.97%
Balance of 1959 Taxes Outstanding December 31, 1960
$ 19,472.78
Summary of Outstanding 1959 Taxes:
Personal
$ 157.62
Real Estate
9,850.34
Common Sewer-Apportioned
253.00
Particular Sewer-Apportioned
30.00
Interest-Apportioned Sewer
110.15
Water Liens
273.26
Motor Vehicle and Trailer Excise
8,646.41
Polls
152.00
Total
$ 19,472.78
215
30.00 503.00 6,614.89 22,017.55
1960 TAXES
Commitment to Collector by Board of Assessors :
Personal
Real Estate
$1,892,560.75 5,135,100.24
Water Liens
27,612.62
Motor Vehicle and Trailer Excise
623,595.13
Polls
23,592.00
Common Sewer-Unapportioned
13,859.48
Particular Sewer-Unapportioned
77,445.44
Common Sewer-Apportioned
16,721.74
Particular Sewer-Apportioned
23,393.65
Interest-Apportioned Sewer
16,096.63
Common Sewer-Paid in Advance
8,369.00
Particular Sewer-Paid in Advance
14,630.00
Interest-Sewer-Paid in Advance
114.11
Farm Animal Excise
105.74
Total
$7,873,196.53
Add Interest and Charges Collected in 1960:
Personal
$ .60
Real Estate
540.78
Motor Vehicle and Trailer Excise
566.13
Polls
622.65
$1,730.16
Add Refunds on 1960 Taxes:
Real Estate
$53,087.25
Common Sewer-Apportioned
29.00
Particular Sewer-Apportioned
41.00
Interest-Apportioned Sewer
37.36
Water Liens
432.35
Motor Vehicle and Trailer Excise
Need help finding more records? Try our genealogical records directory which has more than 1 million sources to help you more easily locate the available records.