USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1930 > Part 9
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
Opposite No. 10 Richardson St.
8" Cem. 6" Cem.
Opposite No. 46 Melvin St. Opposite No. 10 Richardson St. Madison Ave., opp. house of Hurley Lowell St., opp. No. 185
26
6" Cem. 6" Cem.
138
TOWN OF WAKEFIELD
PUMPING RECORDS
1929
1930
January
22,604,000 gals.
21,640,000 gals.
February
20,435,000
66
20,455,000
March
21,925,000
22,270,000
April
20,423,000
66
21,350,000
May
21,764,000
23,630,000
June
24,817,000
66
23,505,000
July
26,195,000
20,935,000
66
August
23,360,000
18,485,500
September
22,798,000
15,679,350
October
22,218,000
66
17,535,450
November
19,861,000
66
17,728,850 66
December
21,389,000
19,491,125
267,789,000 gals.
242,705,275 gals.
Average daily consumption 1929
733,668 gals.
Average daily consumption 1930
664,946
66
Average daily per capita of estimated population 1930 Total pumped 1929
267,789,000
Total pumped 1930
242,705,275
PERMANENT IMPROVEMENTS
A 51/2" x 5" Ingersol Rand air compressor was purchased to replace one of the same size which has been in service since 1926.
All hydrants have been packed, oiled and painted during the summer.
The portable school house located at Montrose was transferred to the Water Department by vote of the Selectmen, this building was repaired and is a great asset to the Department for storage purposes.
By the vote of the Selectmen the Water and Sewerage Department was granted permission to use a part of the Committee room for office pur- poses, this extra room was much needed due to the crowded condition in the Water office.
The Low Level Sewer Pumping Station has received two coats of paint greatly improving the appearance of the building.
The south-west cove of Crystal Lake has been partially cleared as far as money would permit. Over one thousand stumps have been removed and burned during August and September, greatly improving conditions in that section.
66
66
66
66
66
Average daily per capita of estimated population 1929
45.8
39.1
139
REPORT OF WATER AND SEWERAGE BOARD
WATER SUPPLY
Crystal Lake, Wakefield's water supply is at present fifty-seven inches below high water mark, which elevation is two inches lower than last year.
The lake has felt the effects of the past eighteen months drought more this year than last.
On account of the low level of Crystal Lake the Board applied to the Metropolitan District Commission for permission to buy additional water supply. From August 12th to December 18th the Town purchased 41,339,000 gallons of water from the Commission.
LOW LEVEL SEWER SYSTEM
The low level sewer system has been in operation nearly four years and is giving very satisfactory services.
The Pumping station which is very nearly automatic, requires very little attention with the exception of cleaning screens and inspection.
Approximately 2,600 feet of sewer was added to the low level system this year.
SEWER MAINTENANCE
The entire sewer system has been brushed and all man-holes have been inspected and cleaned.
All man-hole covers and frames have been raised or lowered to conform with street grades.
SEWER CONNECTIONS
Applications for house connections to date 1,571
Number of connections made 1,471
Number of connections made during the year 59
Number of connections waiting 0
LOW LEVEL SEWER
Melvin Street, 678 feet of 8" tile from Hart Street northerly.
Aborn Avenue, 637 feet of 12" tile from Vernon Street westerly to Court Street.
140
TOWN OF WAKEFIELD
Aborn Avenue, 269 feet of 10" tile from Court Street westerly.
Private land between Aborn Avenue and Sweetser Street, 453 feet of - 10" cast iron pipe.
Sweetser Street, 151 feet of 10" tile easterly from Pleasant Street. Sweetser Street, 460 feet of 8" tile westerly from Pleasant Street.
SEWER CONSTRUCTION
Nelly Street, 375 feet of 8" tile from Bartley Street to Broadway.
Broadway, 288 feet of 8" tile easterly from Nelly Street.
Broadway, 530 feet of 8" tile westerly from Nelly Street.
Grafton Street, 1005 feet of 8" tile easterly from Main Street.
CONCLUSION
In conclusion I wish to extend my sincere thanks to each and every member of the Department for his hearty co-operation in all emergencies during the year.
I also extend my thanks to the heads and members of the various Town Departments for their support and co-operation during the year.
Respectfully submitted,
MORRISON MERRILL,
Superintendent.
141
REPORT OF DOG OFFICER
Dog Officer
. -
December 31, 1930.
To the Honorable Board of Selectmen:
Gentlemen :
I herewith submit my report as Dog Officer for the year 1930.
Have answered 549 calls.
Have gassed 47 dogs.
Have found homes for 31 dogs.
Have had one dog with rabies.
Have called and attended 106 sick dogs.
All dogs have been kept from 7 to 21 days before being disposed of. Respectfully submitted,
GEORGE A. BENNETT,
Dog Officer.
142
TOWN OF WAKEFIELD
Report of Town Treasurer
To the Citizens of Wakefield:
I herewith present my report for the fiscal year ending December 31, 1930.
TRUST FUNDS
The Trust Funds and available income balances now in my hands are as follows:
Cornelius Sweetser Lecture Fund $10,000.00
Cornelius Sweetser Lecture Guarantee Fund
2,021.86
John Gould Aborn Library Fund
1,689.26
Cyrus G. Beebe Library Fund
2,000.00
Frederick Beebe Library Fund
1,000.00
Rev. Thomas Albert Emerson Library Fund
500.00
Flint Memorial Library Fund
1,000.00
Merrill W. Gove Library Fund
500.00
Dr. Francis P. Hurd Library Fund
2,500.00
Franklin Poole Library Fund
500.00
Mary H. Pratt Library Fund
200.00
Cyrus Wakefield Library Fund
500.00
Mary E. Aborn Park Fund
2,000.00
Nancy White Park Fund
1,000.00
Rev. Thomas Albert Emerson High School Fund
1,000.00
Rev. Thomas Albert Emerson High School Fund, interest balance available 169.54
Nancy White Hurd School Fund
500.00
Nancy White Hurd School Fund, interest balance available
76.39
Jonathan Nichols Temperance Fund
1,000.00
Jonathan Nichols Temperance Fund, interest balance available
111.95
Sarah Burbank Burial Lot Fund
100.00
Sarah Burbank Burial Lot Fund, interest balance available
72.83
Ezra Eaton Burial Lot Fund
100.00
Ezra Eaton Burial Lot Fund, interest balance available
12.99.
Rev. Thomas Albert Emerson Old Cemetery Fund
1,000.00
Rev. Thomas Albert Emerson Old Cemetery Fund, interest balance available 147.87
Flint Old Burial Ground Fund
2,000.00.
Carried Forward
$31,702.69
REPORT OF TOWN TREASURER
143
Brought Forward
$31,702.69
Flint Old Burial Ground Fund, interest balance available
317.28
Stimpson Family Burial Lot Fund 200.00
Stimpson Family Burial Lot Fund, interest balance available
33.61
Clarissa E. Swain Burial Lot Fund
500.00
Clarissa E. Swain Burial Lot Fund, interest balance available 55.56
Cornelius Sweetser Burial Lot Fund
1,000.00
Cornelius Sweetser Burial Lot Fund, interest balance available
55.47
Jane K. Vinton, Burial Lot Fund
50.00
Jane K. Vinton Burial Lot Fund, interest balance available
11.07
George M. Kelley Burial Lot Fund
25.00
George M. Kelley Burial Lot Fund, interest balance available Levi Flanders Burial Lot Fund
100.00
Levi Flanders Burial Lot Fund, interest balance available
5.49
Gad and Clarissa Chandler Carter Burial Lot Fund
200.00
Gad and Clarissa Chandler Carter Burial Lot Fund, interest balance available 50.12
P. M. Wilkinson Burial Lot Fund
50.00
P. M. Wilkinson Burial Lot Fund, interest balance available
3.58
Francis C. Robie Burial Lot Fund
25.00
Francis C. Robie Burial Lot Fund, interest balance available
2.10
James and Elizabeth Walton Burial Lot Fund in Old Cemetery
100.00
James and Elizabeth Walton Burial Lot Fund in Old Cemetery, interest balance available 3.70
Adams Coburn Burial Lot Fund in Old Cemetery
100.00
Adams Coburn Burial Lot Fund in Old Cemetery, interest balance available 2.42
Martha D. Wilson Burial Lot Fund
200.00
Martha D. Wilson Burial Lot Fund, interest balance available
10.76
J. Walter Curley Burial Lot Fund
50.00
J. Walter Curley Burial Lot Fund, interest balance available
2.95
Rev. John M. Currie Burial Lot Fund
50.00
Rev. John M. Currie Burial Lot Fund, interest balance available
2.95
Sylvester Burditt Burial Lot Fund
50.00
Sylvester Burditt Burial Lot Fund, interest balance available
2.42
Dr. John Hart Burial Lot Fund in Old Cemetery
200.00
Dr. John Hart Burial Lot Fund in Old Cemetery, interest balance available 11.85
Harry E. Haskell Burial Lot Fund
100.00
Oliver Burial Lot Fund
50.00
Oliver Burial Lot Fund, interest balance available
.63
Elizabeth Stout Burial Lot Fund
300.00
Elizabeth Stout Burial Lot Fund, interest balance available John Sweetser Burial Lot Fund
100.00
Mary Lizzie Smith Fund, for care of old cannon on common
100.00
Mary Lizzie Smith Fund, interest balance available
2.50
3.75
$35,833.05
2.15
144
TOWN OF WAKEFIELD
The above trust funds are invested as follows:
United States Liberty Loan 414% Bonds
$10,000.00
Wakefield Savings Bank 8,314.36
Blackstone Savings Bank 612.99
Cambridge Savings Bank
5,457.35
Malden Savings Bank
5,500.00
Charlestown Five Cents Savings Bank
5,948.35
$35,833.05
Full detail as to the nature of these funds, their income and detailed expenditures will be found in the Town Accountant's Report.
LOAN ACCOUNT
The following sums have been borrowed on Temporary Notes in an- ticipation of revenue during the year:
$150,000.00 at 3.79 per cent discount plus $1.50 premium 50,000.00 at 3.685 per cent discount
100,000.00 at 2.525 per cent discount
100,000.00 at 2.465 per cent discount
50,000.00 at 2.18 per cent discount
50,000.00 at 2.38 per cent discount
100,000.00 at 2.25
per cent discount
$600,000.00
Of this amount $350,000.00 has been paid leaving a balance due in 1931 of $250,000.00 in anticipation of revenue.
Time loans as follows have been issued during the year:
$37,000.00 Water 4% bonds due $3,000 in 1931 to 1939 inclusive and $2,000 in 1940 to 1943 inclusive, and $1,000 in 1944 and 1945.
76,000.00 Montrose Schoolhouse 4% bonds due $8,000 in 1931 to 1939 inclusive and $4,000 in 1940.
$113,000.00
PERMANENT DEBT
Permanent debt January 1, 1930 Paid during 1930
$1,360,500.00 125,500.00
$1,235,000.00
New issues in 1930, as above
113,000.00
$1,348,000.00
The permanent debt has decreased $12,500.00 during the year 1930.
REPORT OF TOWN TREASURER
145
MATURITIES OF TOWN DEBT
Maturing in 1931
$137,000.00
1932
136,000.00
1933
128,000.00
1934
117,500.00
.
1935
113,500.00
1936
109,500.00
1937
107,500.00
1938
104,500.00
1939
103,500.00
1940
82,000.00
1941
67,000.00
1942
51,500.00
1943
34,500.00
1944
19,000.00
1945
12,000.00
1946
10,000.00
1947
10,000.00
1948
2,000.00
1949
2,000.00
1950
1,000.00
$1,348,000.00
The debt is chargeable to the following:
Water Department
$255,000.00
Light Department
136,500.00
Metropolitan Sewer
105,000.00
Local Sewers
225,000.00
School Buildings
624,500.00
Highway
2,000.00
$1,348,000.00
CASH ACCOUNT
On the following pages will be found the Treasurer's Cash Account.
146
TOWN OF WAKEFIELD
Dr.
Arthur H. Boardman, Treasurer.
To balance from last report, cash
$131,168.55
Borrowed on Temporary Notes
600,000.00
Premium on above notes 1.50 40.00
Board of Appeal receipts
Building Inspector's receipts
333.50
Charles F. Hartshorne & Son, fire loss on Montrose School
768.00
Charles F. Hartshorne & Son fire loss at Town Farm
2,198.00
Cemetery, receipts
353.00
Collector of Taxes, receipts-Moth Assessments
2,634.70
Sidewalks
4,986.81
Tax Certifications
42.00.
Taxes and interest
775,914.51
Excise Taxes
26,309.47
Commonwealth of Massachusetts
Corporation Tax, Business
21,656.90;
Public Service
3,131.77
Department of Education, English Speaking Classes
355.00
Department of Public Works, Division of Highways Division of Tuberculosis
167.14
Income Tax
108,541.60
Military Aid
227.50 1,190.77
National Bank Tax
21.00
Veterans' Exemption
112.32
State Aid
570.00
Temporary Aid
1,709.00
Trust Company Tax, Sec. 1, Chap. 343, Acts 1925
3,736.83.
Tuition of Children
1,844.59
Vocational Education aid to Industrial Schools
1,322.20.
Vocational Education Training-Smith Hughes Act
149.74
Vocational Education Training-George Reed Fund
3.79
Court Fines
2,920.00.
Fire Department, receipts
133.44
Health Department, receipts
2,269.55 42.50
Library, receipts
841.79
Middlesex County, Division of Highways 797.78
Dog Tax, 1929 1,516.02
43.50
Municipal Light Plant, receipts
342,335.98
Park Department, receipts for destruction of Old Bath House
4.41
Sale of old scales
37.50
Carried Forward
$2,041,265.44
Highway Department, receipts
House of Correction fines, etc.
832.78
Peddlers' Licenses
REPORT OF TOWN TREASURER
147
In Account with Town of Wakefield
Cr.
By cash paid, Discount on Temporary Notes
. $9,255.29
cash paid, Selectmen's Warrants
2,117,615.08
cash credit, Account Court Expenses
113.58
cash credit, Offset State Credits
58,498.95
cash credit, Tax Collector for Tax Title Deeds
6,318.58
Total payments Cash in Treasury
$2,191,801.48
129,042.16
$2,320,843.64
Carried Forward
$2,320,843.64
148
TOWN OF WAKEFIELD
Dr.
To Arthur H. Boardman, Treasurer
Brought Forward
$2,041,265.44
Police Department, receipts
3.54
Public Welfare Department, receipts
10,708.93
Commonwealth of Massachusetts, aiding mothers 602.03
Redemption Tax Title Deeds 1,472.03
Redemption Tax Title Deeds, interest and releases on same 144.42
Refunds-Highway Department from Commonwealth of Massachusetts, Gasoline Tax 189.28
Lucius Beebe Memorial Library, cash advanced from Falcon Sign Co. 10.00
Municipal Light Plant from Commonwealth of Massachusetts 92.26
Public Welfare Department from Melrose Hos- pital Association 43.00
Public Welfare Department, from City of Mal- den 32.76
from Boston City,
Hospital account of Mary Ryklinsky 5.00
Lafayette House from Sewer Department 52.05
Sewer Connections deposit 15.59
5.59
School Department, cash advanced 50.00
from J. H. Keough, State
Armorer 12.00
from Merrimack Chemical Co. 6.90
Soldiers' Relief from Thomas Hickey, J. Thom-
16.25
as bill from Thomas Hickey, Joseph Calantrop 15.00
State Aid from C. Della Giles
60.00
from Mary Leary 34.00
Town Hall Account from Town Hall account 133.38
Water Department, cash advanced
25.00
School Department, receipts
15,229.37
Sealer of Weights and Measures, receipts
195.05
Selectmen's receipts-Various licenses Sale of old typewriter
5.00
Sewer receipts Sewer receipts, connections
16,433.49
4,167.82
$2,092,093.43
Carried Forward
1,018.25
Sewer Deposits
50.00
REPORT OF TOWN TREASURER
149
Cr.
In Account with Town of Wakefield Brought Forward $2,320,843.64
Carried Forward
$2,320,843.64
150
TOWN OF WAKEFIELD
Dr.
To Arthur H. Boardman, Treasurer
Brought Forward
$2,092,093.43
Sewer receipts, sewer maintenance
47.87
Surplus War Bonus Funds, interest on deposit 421.46
Taxes and interest Andrew Nelson years 1911-1929 46.41
Taxes and interest Andrew Nelson years 1921-1929
20.61
Teachers' Retirement Fund, Assessments
8,199.22
Town Clerk, receipts-license fees
5.04
Town Hall, receipts
490.00
Trust Funds, receipts
1,332.31
Wakefield Expansion Board for Advertising and Publicity Purposes 100.00
Wakefield Trust Co .-
Interest on Collector's balance 174.35
Interest on Treasurer's balance
2,259.81
Three-fourths of the income from the Junius Beebe Trust for the Lucius Beebe Memorial Library
1,185.00
Ninety per cent of the income from Marcus Beebe Trust
724.92
Ninety per cent of the income from Decius Beebe Trust
759.20
Ninety per cent of the income from Frederick Beebe Trust 338.91
Ninety per cent of the income from Alice Beebe Car- penter Trust 121.98
Ninety per cent of the income from Charles S. Beebe Trust 51.30
Ninety per cent of the income from George O. Carpen- ter Trust 51.30
Ninety per cent of the income from Eleanor H. Beebe Trust 256.50
Ninety per cent of the income from Sylenda B. Stearns Trust 102.60
Ninety per cent of the income from Katherine E. Beebe Trust 256.50
Ninety per cent of the income from John H. Beebe Trust 140.32
Water Department, receipts 97,280.94
Water Department, house rents
280.00
Water Department, Water Construction Account
612.78
Water Department, Water Maintenance Account
10.00
Sale of Water 4% bonds
37,000.00
Sale of Montrose School 4% bonds
76,000.00
Premium on above bonds
305.10
Interest on above bonds
175.78
$2,320,843.64
REPORT OF TOWN TREASURER
151
In Account with Town of Wakefield
Cr.
Brought Forward
$2,320.843.64
$2,320,843.64
152
TOWN OF WAKEFIELD
FINAL STATEMENT
During the year 1931, the following time loans will fall due and are to be included in the tax levy of 1931.
High School
$22,500.00
Montrose School
15,000.00
Woodville School
3,500.00
Greenwood School
9,500.00
Franklin School
9,000.00
Metropolitan Sewer
11,000.00
Extension of Sewer
23,000.00
Highway
1,000.00
$94,500.00
Water Loan
$12,000.00
Extension Water Mains Loan
1,000.00
Water Loan, Acts of 1922
4,000.00
Water Departmental Equipment Loan
2,000.00
Water Loan
8,000.00
Water Loan
3,000.00
All included in Water Department appropriation
$30,000.00
Light Plant (Paid from receipts of plant)
12,500.00
$137,000.00
153
REPORT OF TOWN TREASURER
There will also be required the following amounts to meet our interest payments.
High School
$10,818.76
Montrose School
5,580.00
Woodville School
1,113.75
Franklin School
3,040.00
Greenwood School
5,046.88
Metropolitan Sewer
3,675.00
Extension of Sewer
9,068.75
Highway
63.75
Temporary Loan (estimated)
19,593.11
$58,000.00
Water Loans (included in Water Department Ap- propriation)
$7,760.00
Extension of Water Mains (included in Water De- partment Appropriation) 280.00
Water Loan Acts of 1922 (included in Water De- partment Appropriation) 1,611.25
Water Departmental Equipment (included in
Water Department Appropriation)
160.00
$9,811.25
Light Plant (paid from receipts of plant)
$5,492.50
$73,303.75
The borrowing capacity of the town, on temporary notes in anticipation of 1930 revenue, was $887, 183.70, as determined by the State Director of Accounts. Of this amount the town borrowed the sum of $600,000.00 and of this latter amount $350,000.00 has been paid, leaving $250,000.00 to be paid in 1931.
Respectfully submitted,
ARTHUR H. BOARDMAN,
Treasurer.
154
TOWN OF WAKEFIELD
Report of the Municipal Light Board
To the Citizens of the Town of Wakefield:
We herewith submit the thirty-seventh annual report of the Municipal Light Board which covers the year ending December, 1930.
Annexed to this report you will find a balance sheet, statement of in- come and expenses of the Gas and Electric departments, a profit and loss statement in the report of the Manager of the plant.
During the year the Electric Department was operated at a profit of $54, 468.28 and the Gas Department was operated at a profit of $21,805.19.
Reductions in rates both of electricity and gas were effected and sub- stantial extensions and improvements to the plant and equipment were made.
The depreciation fund at the end of the year was $6,540.44 after us- ing substantial amounts for installation of new low pressure mains in Green- wood.
We propose asking the town for $18,000.00 for street lighting service for 1931, the same amount that has been asked for five years past, in spite of the fact that the system has been constantly increased.
The bonded indebtedness has been reduced from $149,500.00 to $136,500.00 and the net book value of the plant has been increased from $583,676.00 to $632,213.29.
We propose to ask the town at its annual meeting to authorize a trans- fer from the Operation Fund to Construction Fund the sum of $56,417.63 which represents the cash balance in the Operation Fund at the end of 1930. Thus for the sixth consecutive year it will be unnecessary to increase the bonded indebtedness to provide for extensions of the Plant's system.
The books of the department are being audited by Christie Huntington & Co., Certified Public Accountants.
Respectfully submitted,
MARCUS BEEBE, 2nd, Chairman, A. FRANCIS HARRINGTON. Secretary, CURTIS L. SOPHER,
Board of Commissioners, Municipal Light Department.
155
REPORT OF MUNICIPAL LIGHT BOARD
MANAGER'S REPORT
To the Honorable Board of Light Commissioners,
Town of Wakefield, Massachusetts.
Gentlemen:
I submit herewith the Thirty-seventh annual report of the Wakefield Municipal Light Department, showing in condensed form the financial condition as of December 31, 1930.
On the following pages will be found a statement consisting of :
BALANCE SHEET SCHEDULE OF PLANT INVESTMENT
STATEMENT OF SURPLUS
STATEMENT OF INCOME AND EXPENSE-GAS
STATEMENT OF INCOME AND EXPENSE-ELECTRIC
156
TOWN OF WAKEFIELD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT
BALANCE SHEET AS OF DECEMBER 31, 1930 ASSETS
PLANT INVESTMENTS
Gas Department (Schedule A)
$366,150.11
Electric Department (Schedule B)
278,317.52
General Equipment (Schedule C)
13,580.79
$658,048.42
CURRENT ASSETS
Operation Fund
$56,417.63
Depreciation Fund
6,540.44
Office Fund
400.00
Special Deposits
24,975.42
Accounts Receivable
29,399.74
Materials and Supplies
19,766.70
$137,499.93
PREPAID EXPENSE
$1,052.41
Insurance Deferred charges
3.98
$1,056.39
TOTAL ASSETS
$796,604.74
*
157
REPORT OF MUNICIPAL LIGHT BOARD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT BALANCE SHEET AS OF DECEMBER 31, 1930 LIABILITIES AND SURPLUS
BONDS PAYABLE
$136,500.00
CURRENT LIABILITIES
Consumers Deposits Matured Interest
$24,975.42 918.67
$25,894.09
ACCRUED LIABILITIES
Interest on Bonds
$1,997.36
OTHER LIABILITIES
Loans Repayment Appropriation for Construction
$336,800.00 51,632.86
SURPLUS (Schedule D)
$388,432.86 243,780.43
TOTAL LIABILITIES AND SURPLUS
$796,604.74
158
TOWN OF WAKEFIELD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT
PLANT INVESTMENTS
GAS DEPARTMENT-SCHEDULE A
Land
$6,591.75
Structures
29,050.17
Boiler Plant Equipment
1,958.49
Engines
7,507.61
Miscellaneous Power Plant Equipment
1,313.25
Street Mains
263,876.91
Services
23,128.32
Consumers' Meters
27,238.37
Consumers' Meters Intallations
5,485.24
TOTAL PER BALANCE SHEET
$366,150.11
ELECTRIC DEPARTMENT-SCHEDULE B
Land
$213.57
Structures
15,076.48
Substation Equipment
36,266.06
Poles, Fixtures and Overhead Equipment
78,931.06
Underground Conduits
24,287.99
Underground Conductors
35,383.09
Consumers' Meters
29,820.02
Consumers' Meter Installations
28.63
Line Transformers
28,820.92
Transformer Installations
2,257.18
Street Lighting Equipment
27,232.52
TOTAL PER BALANCE SHEET
$278,317.52
GENERAL EQUIPMENT-SCHEDULE C
Office Furniture and Fixtures
$5,818.35
Automobiles
4,085.76
Laboratory Equipment
748.00
Miscellaneous Equipment
2,928.68
TOTAL PER BALANCE SHEET
$13,580.79.
159
REPORT OF MUNICIPAL LIGHT BOARD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT
SURPLUS AS OF DECEMBER 31, 1930-SCHEDULE D
CREDITS
Balance, January 1, 1930
$208,243.92
Profit from Electric Operations
54,468.28
Profit from Gas Operations
21,805.19
Adjustment for Holder Heating
1,000.00
Adjustment of Insurance
947.62
$286,465.01
DEBITS
Bonds Retired
$13,000.00
Property Abandoned
29,671.84
Bad Debts (1929)
12.74
$42,684.58
BALANCE, December 31, 1930
$243,780.43
160
TOWN OF WAKEFIELD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT
STATEMENT OF INCOME AND EXPENSE-GAS DEPARTMENT
INCOME FROM SALE OF GAS
Regular Meters
$136,055.56
Prepay Meters Municipal Meters
4,219.16
692.75
TOTAL SALES
$140,967.47
DEDUCT-OPERATING EXPENSE
Gas Purchased
$66,267.93
Transmission and Distribution
28,737.68
Commercial
7,348.82
New Business
357.00
General
4,386.79
Depreciation
10,088.40
TOTAL OPERATING EXPENSE
$117,186.62
TOTAL OPERATING INCOME
$23,780.85
ADD-OTHER INCOME
Merchandise and Jobbing
$78.91
Interest on Bank Balances
558.59
$637.50
GROSS INCOME
$24,418.35
DEDUCT-MISCELLANEOUS EXPENSE
Interest on Bonds
$1,890.06
Interest on Consumers' Deposits
428.04
Taxes
46.13
Bad Debts
248.93
$2,613.16
NET INCOME TO SURPLUS (Schedule D)
$21,805.19
161
REPORT OF MUNICIPAL LIGHT BOARD
WAKEFIELD MUNICIPAL LIGHT DEPARTMENT
STATEMENT OF INCOME AND EXPENSE-ELECTRIC DEPART- MENT
INCOME FROM SALE OF ELECTRICITY
Commercial Lighting
$112,195.99
Commercial Power
55,118.39
Municipal Power
6,275.57
Municipal Lighting
5,037.98
Street Lighting
18,000.00
TOTAL SALES
$196,627.93
DEDUCT-OPERATING EXPENSE
Electric Energy Purchased
$68,790.87
Transmission and Distribution
26,541.99
Utilisation
7,934.77
Commercial
6,835.93
New Business
677.31
General
8,727.55
Depreciation
18,560.36
TOTAL OPERATING EXPENSE
$138,068.78
.
TOTAL OPERATING INCOME
$58,559.15
ADD-OTHER INCOME
Merchandising and Jobbing
$19.95
Interest on Bank Balances
558.59
$578.54
GROSS INCOME
$59,137.69
DEDUCT-MISCELLANEOUS EXPENSE
Interest on Bonds
$3,951.05
Interest on Consumer's Deposits
428.04
Taxes
46.13
Bad Debts
244.19
$4,669.41
NET INCOME TO SURPLUS (Schedule D)
$54,468.28
162
TOWN OF WAKEFIELD
During the year past the rates for both Gas and Electricity have been reduced and it will be noted from the financial statement that the business ' is still profitable to the town. Effective on and after September 1, 1930, the net rate for gas was $1.50 per M cubic feet. In May a special rate for churches, fraternal organizations, clubs, stores, factories, offices and other places of business, for electric lighting became effective. Again another change for household use of electricity became operative in October. This rate has permitted the so-called house power rate to be done away with and all house uses are recorded upon one meter.
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.