USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1914 > Part 20
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
The, accounts of the sealer of weights and measures were checked to the treasurer's cash.
The moth charges are assessed and included in the tax bill.
The records of the health department were checked and compared with the treasurer's cash.
The sewer department accounts were checked and appor- tioned assessments were listed and set up on the accountant's books.
The highway department accounts were checked and com- pared with the treasurer's books and outstanding bills were listed.
The accounts of the overseers of the poor were examined, checked to the treasurer's cash, and outstanding bills listed.
The accounts of the school department were examined, checked to the treasurer's cash, and outstanding accounts listed.
The books and accounts of the municipal light department were examined and checked and a trial balance taken which proved the ledger accounts to be in balance.
The following table is a summary of the revenue accounts for the year:
Uncollected November 1, 1914 per detailed list:
Electric Consumers $2,598.22
Gas Consumers 2,510.51
Prepayment Meters, Collections not credited until November 1st 1,405.50
Gas Meter Rentals 98.37
380
Sundry Accounts, Stoves, Coke, Tar,
etc. . . $2,086.72
$8,699.32
Charges November 1 to December 31, 1914 15,005.35
$23,704.67
Collections November 1 to December 31, 1914
$13,794.23
Discounts November 1 to December 31, 1914 1,772.18
Uncollected December 31, 1914 . 8,138.26
$23,704.67
The books and accounts of the water department were ex- amined and checked. The water department payments on account of collections were checked to the treasurer's books. The accounts outstanding December 1 were listed and charges, collections, and the amount uncollected December 31, were proved.
The following table is a summary of the revenue accounts for December:
Uncollected December 1, 1914
$3,348.50
Collections not paid Treasurer 858.12
$4,206.62
Charges December 1, to 31, 1914
38.84
$4,245.46
Collections December 1 to 31, 1914
$3,887.63
Abatements December 1 to 31, 1914
80.61
Uncollected December 31, 1914 .
277.22
$4,245.46
The accounts of the cemetery department were checked with the treasurer's cash and outstanding accounts were listed.
381
The indebtedness of the town was listed and set up on the accountant's books.
The trust funds of the town are in the custody of the town treasurer; all cash and securities of the funds were verified and found to be as reported.
The following books and forms were provided for the use of the several departments :
Cash Book for Accountant
Cash Book for Treasurer
Cash Book for Tax Collector Ledger for Accountant
Journal for Accountant
Classification Book for Accountant
Check Register for Treasurer
Treasury Warrants Schedule of Treasury Receipts
Schedule of Collector's Payments to Treasurer
Schedule of Light Collector's Payments to Treasurer Schedule of Water Collector's Payments to Treasurer Schedule of Departmental Payments to Treasurer Schedule of Light Commitment
Schedule of Water Commitment
Schedule of Bills Payable Schedule of Bills Receivable Schedule of Abatements allowed.
All of these books and forms are arranged so as to simplify the reporting and to make possible a proper check on the account- ing of public moneys, also to insure a classification of both re- ceipts and payments which will show the source of receipts and the purpose of the expenditures.
. The accounts in the general ledger are separated and grouped in sections, as follows:
First Assets and Liabilities
Second Revenue Accounts
Third Appropriation Accounts
Fourth Funded Debt
Fifth Trust Funds
382
From the ledger, information relative to the condition of the several appropriations may readily be obtained and the admin- istrative officers may keep informed of amounts expended, also the amounts available for the balance of the year.
From these accounts, information relative to the actual revenue received, as compared with the estimated amount, will also be shown.
The classification book consists of loose leaf forms with printed headings covering the chief sources from which revenue is received and objects for which money is expended, with blank spaces which allow for additional headings to cover important items that may be desirable.
These sheets are arranged in a classified form that is generally accepted and adopted by accountants and students of municipal affairs.
Provision is made for the recording of the date of the receipts from whom received, and the source. On the payment side will be shown the date of the bill, to whom paid, and the purpose or object of the payment. From this book definite information can readily be obtained of every cash transaction of the town; but its chief object is to furnish classification in a scientific manner, regardless of the method of making appropriations.
The treasury warrant provides for a listing of bills of the several departments. It is submitted to the selectmen together with the bills for their approval, the bills first having been checked by the accountant and compared with the several appropria- tion accounts to which they are chargeable. The selectmen having signed the warrant, it is passed to the treasurer as his authority for payment. The schedules of treasury receipts and payments to the treasurer serve as automatic checks on the cash accounts and furnish the accountant with the necessary information for keeping his accounts up to date at all times, enabling statements to be drawn off showing actual cash trans- actions. By having printed forms for the reporting of all items involving cash, but little time is required in reporting the same.
The schedules of the tax, water, and light collectors' pay- ments to the treasurer are for their reporting both to the treas- urer and to the accountant. From these reports the accountant will credit the collectors' accounts and charge the treasurer's.
383
The schedules of water and light commitments are for the reporting to the accountant of the accounts receivable on account of their respective departments. The collector of each of these departmets is charged with the commitment and credited with amounts collected and paid to the treasurer.
The schedules of bills receivable and bills payable are for the reporting by the several departments to the town accountant.
The schedule of abatements allowed is for the use of the assessors in reporting abatements to the account, so that he may credit the collector with these items in addition to the cash collections reported by him. On the accountant's books the collector is charged with the commitment and credited with collections paid the treasurer; if to this is added abatements allowed, the accountant's ledger will show, in his collector's account, the exact amount of outstanding taxes.
From this brief description of the above-named books and forms it will be seen that the books in the accountant's office can be made to furnish any desired information relative to town financial transactions. All of these accounts are arranged in such form as to admit of clear and concise statements.
The administrative officers can be well informed without consuming any considerable amount of time, being free to devote the greater portion of the time given to public service to the planning of work in developing certain general policies.
While engaged in making the audit and installing the account- ing system, I received hearty co-operation from the several town officials, to all of whom I wish, on behalf of myself and my assistants, to express my appreciation of the valuable assistance rendered.
Respectfully submitted,
EDWARD H. FENTON, Chief Accountant.
TOWN OF WAKEFIELD Balance Sheet - December 31, 1914 REVENUE ACCOUNTS
Assets.
Revenue Cash : In Bank .
.. $33,875. 46
Accounts Receivable :
Taxes, 1913
$35,830. 87
Taxes, 1914
115,346.94
$151,177.81
Moth Assessments, 1913
476.71
Moth Assessments, 1914 .
1,066.35
$1,543.06
Sewer Assessments, 1913
1,326.01
Sewer Assessments, 1914 .
1,748.86
3,074.87
Departmental Bills:
Town Hall .
5.00
Sewers .
5,842.56
Highways, General
61.87
Highways, Sidewalks
123.82
Poor
699.65
From Commonwealth of Massachusetts:
For State Aid
2,836.00
For Military Aid
110.00
For Soldiers' Burials.
100.00
Liabilities.
Accounts Payable:
Temporary Loans : Anticipation of Revenue .
$190,000.00
Selectmen's Unpaid Orders 2,786.01
Municipal Light Guarantee Deposit Fund
(Held as security for meters and acct's
1,404.00
Appropriation Balances :
High School - Special Committee $96.80
Land Damage - Water Street 200.00
Land for Park Purposes 401.00
Nahant Street re-location. 356.00
Municipal Light - (For Depreciation; . 2,316.90
3,370. 70
Municipal Light Revenue: .
$8,138.26
Less Guarantee deposits used for exp.
1,404.00
6,734.26
Schools
767.48
Water .
277.22
Cemetery
60.25
10,883.85
Municipal Light Bills .
8,138.26
Tax Titles, held by Town
9,606.21
Surplus Revenue :
$13,318. 77 Less Abatements in Excess of Overlays:
1912. $5,585.73
1913. 3,239.12
1914.
95.58
8,920.43
4,398.34
Tax Titles subject to redemption
9,606.21
14,004.55
Sewer Apportionments:
Due in 1915
1,743.94
Due in 1916
1,397.45
Due in 1917
1,380.29
Due in 1918
1,346.54
Due in 1919
1,281.17
Due in 1920
1,207.57
Due in 1921
849.68
Due in 1922
531.68
Due in 1923
335. 18
10,073.50
$228,373.02
$228,373. 02
.
Apportioned Sewer Assessments:
Due from 1915 to 1923
10,073.50
TOWN OF WAKEFIELD Balance Sheet - December 31, 1914
NON-REVENUE General Accounts
Assets
Liabilities
Non-Revenue Cash : In Bank .
$2,404.50
Appropriation Balances:
Upper Gould Street Sewer
$504.07
Byron Street Sewer 645.58
Water Meters
1,254.85
$2,404. 50
$2,404.50
DEBT ACCOUNTS
Net Bonded Debt (Balancing Account) $624,000.00
Funded or Fixed Debt:
Fire Department Loans .
$5,500.00
Sewer Construction Loans
214,500.00
Highway Construction Loans
30,000.00
School Construction Loans .
17,500.00
High School Repair Loans
1,000.00
High School Site Loans
.22,500.00
Insurance Loan
1,000.00
Water Construction Loans
195,000.00
Water Meter Loans .
25,500.00
Municipal Light Construction Loans .
111,500.00
$624,000.00
$624,000. 00
TRUST ACCOUNTS
Trust Funds: Cash and Securities . $26,408.40
Trust Funds : School Fund: Nancy White - Hurd School Library Funds:
$539.79
Flint Memorial
1,000.00
Dr. Francis P. Hurd.
2,500.00
Cyrus Wakefield
500.00
Franklin Poole
500.00
Cyrus G. Beebe
2,000.00
Merritt W. Gove
500.00
7,000.00
Park Funds:
Nancy White
1,000.00
Mary G. Aborn
2,000.00
3,000.00
Cemetery Funds :
C. Sweetser
1,240.20
Jane K. Vinton
50.46
Clarissa E. Swain
519.58
Flint Old Burial Ground
2,034.72
3,844.96
Miscellaneous Funds : John Nichols Temperance Fund. 1,016.67
C. Sweetser Lecture Fund . 10,000.00
C. Sweetser Lecture Guarantee Fund 1,006.98
12,023.65
$26,408.40
$26,408.40
389
INDEX
Page
Assessors' Report
200-208
Auditors' Report
349
Auditors' Salary and Expenses
350
Auditors' Balance Sheet
368-369
Band Concerts
357
Bath House
281
Beebe Town Library, Trustees' Report
129
Librarian's Report
136
Board of Health Report
124
Salaries. 350
Services
350
Expenses . 350
126
Common and Park, Report of Commissioners Expenses
279
Dog Licenses
348
Election and Town Meeting Expenses
352
Fire Department
75-90
Fish and Game Warden
161
Finance Committee
357
Salary and Expenses .
358
Forest Warden
64
Girls' Bath House
286
Highways and Bridges
91-123
Interest Account
175
Cemetery Commissioners' Report
354
390
Page
Inspector of Buildings
127
Inspector of Milk
125
Salary and Expenses
353
Inspector of Plumbing
125
Inspector of Animals
67
Inspector of Wires .
64
July 4th
357
Jury List .
7-8
Land for Park Purposes
366
Land for Park Purposes (Wakefield Junction)
365
Memorial Day
362
Military Aid
362
Miscellaneous Expenses
356
Moth Department . 362
Moderator
359
Municipal Light Plant
287
Commissioners' Report
288
Manager's Report .
293
Manufacturing Accounts
298
Expenses, etc.
300-316
Nahant Street Re-location
357
Police Department
68-74
Poor . . .
271-278
Planning Board 127
Reading Room
141
Registrar's Salary and Expenses 356
Rifle Range
367
School Department:
Committee's Report 209-214
Superintendent's Report 215
High School Principal's Report 236
School Statistics 253
Graduating Exercises. 248
Report of School Physician 251
391
Page
Expenses :
Contingent
262
Evening School
269
Fuel
268
General Salaries
262
Supplies
266
Income Account
269
Financial Statement
260
Selectmen's Report
58-62
Selectmen's Salary and Expenses
349
Soldier's Relief
361
State Aid
361
State Auditor's Report
373
Sweetser Charity Report
66
Sealer of Weights and Measures
65
Sealer of Weights and Measures', Salary and Expenses
349
Swimming Instructor
284
Tax Collector's Statement
142-144
Tax Collector's Salary and Expenses
358
Tax Deeds, List of
187
Town Clerk's Salary and Other Expenses
355
Vital Statistics
354
Returns
317 .
Card Index
354
Births 318
329
Deaths
343
Town Officials
3-6
Town Meeting Records
9-57
Town Counsel's Report.
63
Town Counsel's Salary and Expenses
359
Town Hall Expenses .
366
Tree Warden's Salary and Expenses
361
Treasurer's Report
163-199
Treasurer's Salary and Expenses
359
Water Street Damages . 365
Water and Sewerage Board Report
145-160
Marriages
-
r
1
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.