Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1940, Part 18

Author: Wakefield, Massachusetts
Publication date: 1940
Publisher: Town of Wakefield
Number of Pages: 334


USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1940 > Part 18


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).


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4.00


Oscar Shoe Repairing


3.00


W. T. Grant Co.


7.56


Johnson's


1.98


Mrs. M. E. Little


2.14


Mrs. Charlotte Eastman


1.43


Commonwealth of Mass .- Div.


Child Guardianship


709.81


W. J. Walker Co.


10.00


$ 4,203.39


Old Age Assistance:


City of Quincy


$


61.64


Town of Billerica


35.00


$ 96.64


APPROPRIATIONS AND CHARGES TO ENTER TAX LEVY OF 1940


Appropriations (See Schedule In- sert) $991,122.81


Less-Transferred from Overlay Surplus $ 16,000.00


Less-Appropriations from Sale of Lots and Graves (Cemetery) 1,800.00


$ 17,800.00


$973,322.81


275


TOWN ACCOUNTANT


State and Metropolitan Charges:


State Tax $ 53,600.00


Audit of Municipal Accounts 2,505.81


Care of Civil War Veterans


180.00


Abatement of Smoke Nuisance


230.83


Charles River Basin


2,145.94


Metropolitan Parks Reserva- tion


8,230.29


Nantasket Beach Mainte-


nance


556.77


Metropolitan Parks Boule-


vards


859.44


Wellington Bridge Mainte-


nance


18.78


Metropolitan Planning Divi- sion


143.73


Metropolitan Sewerage North System 17,868.38


$ 86,339.97


Underestimates State and


Metropolitan Charges for


1939


$ 103.28


County Tax


28,792.88


Overlay for 1940


22,882.02


Abatements Old Age Assist-


ance Taxes for the year 1932


518.00


$1,111,958.96


RECAPITULATION


Town Purposes


$963,099.75


State Purposes


86,443.25


County Tax


28,792.88


Hospital Tax


10,223.06


Overlay 1940


22,882.02


Abatements O. A. A. Taxes 1932


518.00


- $1,111,958.96


AVAILABLE BALANCES NOT APPROPRIATED IN 1940


Foreclosure of Tax Titles: Balance January 1, 1940 Transfer to Repairs Tax Title Property $ 124.71


$ 124.71


$ 124.71 $ 124.71


276


TOWN OF WAKEFIELD


Lafayette Building Equipment: Balance January 1, 1940 Payments


$ 15.96


$ 15.96


$ 15.96


$ 15.96


Highways - Chapter 90 Main- tenance 1939:


Balance January 1, 1940


$ 10.68


Transfer from State and


County Aid 1939


$ 6.46


Balance to Revenue


4.22


$10.68


$ 10.68


W. P. A. Bath House Project: Balance January 1, 1940 Payments $ 241.02


$ 241.02


$ 241.02


$ 241.02


Old Age Assistance United States


Grant:


Balance January 1, 1940


$


6,805.98


Receipts


47,920.89


Refunds


468.00


Payments


$ 52,004.73


Balance to 1941


3,190.14


$ 55,194.87


$ 55,194.87


Old Age Assistance Administra- tion United States Grant: Balance January 1, 1940


Receipts


1,597.29


Payments


$ 1,589.06


Balance to 1941


108.56


$ 1,697.62 $ 1,697.62


Aid to Dependent Children United States Grant:


Balance January 1, 1940


$ 2,865.78 5,452.37


Receipts


Payments Balance to 1941


$ 8,240.65


77.50


$ 8,318.15 $ 8,318.15


$ 100.33


277


TOWN ACCOUNTANT


Aid to Dependent Children Ad- ministration United States


Grant:


Balance January 1, 1940


$ 245.44


Receipts


519.25


Payments


$ 608.43


Balance to 1941


156.26


$ 764.69


$ 764.69


Soldiers' Relief Investigation-


Special Fund:


Balance January 1, 1940


$ 200.00


Payments


$ 182.41


Balance to Revenue


17.59


$ 200.00


$ 200.00


Smith-Hughes Fund - School Purposes:


Balance January 1, 1940


$ 95.87


Payment toward salary of


George E. Hayes


$ 95.87


$ 95.87


$ 95.87


Plans for Intermediate School:


Balance January 1, 1940


$ 100.68


Transfer to Revenue


$ 100.68


$ 100.68


$ 100.68


Reserve Fund:


Appropriation


$ 14,000.00


Transfer from Overlay Sur- plus


16,000.00


Transfers to:


W. P. A. Account


$ 18,700.00


Soldiers' Relief


900.00


Infirmary Expense


490.00


Care of Dumps


275.00


Legal Expense


250.00


Rifle Range Company E


150.00


Election and Registration


139.00


Board of Appeal


70.00


Selectmen's Expense


65.00


Forest Warden


35.00


Accounting Expense


30.00


Welfare Administration Salaries


27.04


Town Clerk's Expense


15.00


Collector's Dept. Salaries


8.33


278


TOWN OF WAKEFIELD


Highway Dept. - Salary of Clerk Balance to Overlay Surplus 8,838.13


7.50


$ 30,000.00


$ 30,000.00


War Veterans' Portraits: Balance January 1, 1940 Payments


$ 100.00


$ 100.00


$ 100.00 $ 100.00


Repairs of Foreclosed Tax Title Property :


Transfer from Foreclosure of Tax Titles (No payments in 1940)


$ 124.71


State Charges:


Abatement of Smoke Nuisance over estimate carried for- ward to 1941 $ .01


Care of Civil War Veterans over estimate carried for- ward to 1941 $ 130.00


Metropolitan Charges: Charles River Basin over es- timate carried forward to 1941 $ 1.99


Metropolitan Parks Loan: Over estimate carried forward to 1941 $ 12.14


Metropolitan Parks Nantasket: Over estimate carried forward to 1941 $ .03


Wellington Bridge: Over estimate carried forward to 1941 $ .32


Metropolitan Sewerage Loan North System:


Over estimate carried forward to 1941 $ 106.82


Canterbury Street Highway: Under estimate carried for- ward to 1941 $ 2.47


279


TOWN ACCOUNTANT


Willard Donnell Trust:


Balance January 1, 1940 Income for 1940 Payments Balance available for 1941


$ 247.01


300.28


$ 130.90


416.39


$ 547.29 $ 547.29


Antonio Muccio-Payments on


Account of Injuries:


Balance January 1, 1940 (No payments in 1940) $ 1,770.17


Investigating Committee - Wel-


fare Department: Balance January 1, 1940 Transfer to Revenue $ 197.00


$ 197.00


$ 197.00 $ 197.00


Additional Land-Water Street


Playground:


Balance January 1, 1940 (No payments in 1940) $ 100.00


Water Mains Extensions-Bond


Issue:


Balance January 1, 1940


$ 1,770.88


Payments $ 1,770.88


$ 1.770.88 $ 1,770.88


Crystal Lake Park Sewer Con- struction-Bond Issue: Balance January 1, 1940 Payments $ 1,857.89


$ 1,857.89


$ 1,857.89 $ 1,857.89


Temporary


Loans-Anticipation


of Revenue: Balance January 1, 1940


$350,000.00


Loans during 1940


450,000.00


Payments during 1940 $500,000.00


Balance to 1941


300,000.00


$800,000.00


$800,000.00


Temporary Loans-Anticipation Highway Reimbursements: Balance January 1, 1940 $ 2,000.00


280


TOWN OF WAKEFIELD


Loans during 1940 Payments during 1940 Balance to 1941


2,000.00


$ 2,000.00


2,000.00


$ 4,000.00 $ 4,000.00


Premium on Notes and Bonds: Balance January 1, 1940


Premium on Water Bonds Issued


Premium on Sewer


Bonds


577.50


Issued 554.40


Payment for expense prepar- ing Water Bonds $ 153.73


Payment for expense prepar- ing Sewer Bonds 147.59


Payment applied on maturing Water Bonds 26.06


Balance available for 1941


830.58


$


1,157.96


$


1,157.96


Sale of Real Estate:


Balance January 1, 1940


$ 1,130.13


Tax Title Possessions sold in 1940


1,350.00


Balance available for appro- priation $ 2,480.13


$ 2,480.13 $ 2,480.13


Sale of Lots and Graves-Ceme-


tery :


Balance January 1, 1940 $ 3,384.00


Fund increased by audit ad- justment 5,026.00


Receipts for 1940


1,322.00


Transfer from partial pay- ments 5.00


Appropriation for Cemetery Department $ 1,800.00


Balance available for appro- priation 7,947.00


$ 9,747.00


$ 9,747.00


Partial Payments Sale of Lots- Cemetery : Receipts for 1940 $ 90.00


$ 26.06


281


TOWN ACCOUNTANT


Transfer to Sale of Lots- -Cemetery Balance to 1941


$ 5.00


85.00


$ 90.00 $ 90.00


Partial Payments Perpetual Care


-Cemetery :


Receipts for 1940


$ 364.00


Transfers to Perpetual Care Bequests


$ 275.00


Balance to 1941


89,00


$ 364.00 $ 364.00


Analysis of Light Department Accounts :


Operation Account:


Balance January 1, 1940


$ 29,565.41


Transfers from Depreciation


45,291.08


Transfer from Fire Alarm


Account


2,114.28


Transfer from Construction Account


9,565.41


Receipts


338,622.56


Payments


$308,573.79


Transfer to Revenue


20,000.00


Transfer to Construction Ac- count


9,565.41


Transfer to Depreciation Ac- count


50,788.11


Balance to 1941 Account


36,231.43


$425,158.74 $425,158.74


Construction Account:


Transfer from Operation Ac- count 1939


$ 9,565.41


Transfers to Operation Ac- count 1940


$ 9,565.41


$ 9,565.41 $ 9,565.41


Depreciation Account : Balance January 1, 1940


$ 31,563.22


Transfers from Operation Account


50,788.11


Transfers to Operation Ac- count


$ 45,291.08


Balance to 1941 Account 37,060.25


$ 82,351.33


$ 82,351.33


282


TOWN OF WAKEFIELD


Fire Alarm, Police Signal, Traffic Lights:


Appropriation


$


2,200.00


Transfers to Light Depart- ment Operation Account $ 2,114.28


Balance to Revenue 85.72


$ 2,200.00 $ 2,200.00


Guarantee Deposit Account:


Cash on Hand January 1, 1940


$44,262.78


Receipts


Payments


Balance, Cash on Hand December 31, 1940


47,968.39


$ 54,777.58


$ 54,777.58


I have examined the above account and the balance is invested as follows:


Wakefield Savings Bank $ 32,793.10


Wakefield Trust Co. - Savings Department 13,418.72


Wakefield Trust Co. - Checking


Account 1,756.57


4


$ 47,968.39 CHARLES C. COX, Town Accountant


RECEIVABLES


Taxes 1916:


Abatements


$ 12.11


Disclaimer by Collector


$ 12.11


$ 12.11


$ 12.11


Taxes 1917:


Abatements Disclaimer by Collector


$ 12.73


$ 12.73


$ 12.73


Taxes 1918:


Abatements


$ 13.84


Disclaimer by Collector


$


13.84


$ 13.84


$ 13.84


Taxes 1934:


Balance (Audit Adjustment)


$


17.00


Cash


$ 17.00


$ 17.00


$ 17.00


10,514.80 $ 6,809.19


$ 12.73


283


TOWN ACCOUNTANT


Taxes 1935:


Outstanding January 1, 1940


$ 507.70


Audit Adjustment


$ 7.22


Cash


137.20


Abatements


121.20


Outstanding December 31, 1940


242.08


$ 507.70 $ 507.70


Taxes 1936:


Outstanding January 1, 1940


$ 590.13


Audit Adjustment


$


.01


Cash


153.12


Abatements


88.00


Outstanding December 31, 1940


349.00


$ 590.13


$ 590.13


Taxes 1937:


Outstanding January 1, 1940


$ 1,204.49


Audit Adjustment


23.94


Cash


$ 359.99


Abatements


86.88


Outstanding December 31, 1940


781.56


$ 1,228.43


$ 1,228.43


Taxes 1938:


Outstanding January 1, 1940


$ 80,085.68


Refunds


189.16


Audit Adjustment


$ .02


Cash


74,453.19


Abatements


586.45


Adjustment Entries


101.61


Certification of takings


3,039.78


Outstanding December 31, 1940


2,093.79


$ 80,274.84 $ 80,274.84


Real Estate Taxes 1939:


Outstanding January 1, 1940


$245,326.12


Refunds


508.70


Adjustment Entries


152.79


Cash


$156,859.49


Abatements


1,699.98


Credits to Collector


15,648.94


Adjustment Entry


100.00


Outstanding December 31, 1940


71,679.20


$245,987.61


$245,987.61


284


TOWN OF WAKEFIELD


Personal Property Taxes 1939:


Outstanding January 1, 1940


$ 5,910.16


Cash


$


4,304.49


Abatements


13.16


Outstanding December 31, 1940


1,592.51


$ 5,910.16 $ 5,910.16


Real Estate Taxes 1940:


Commitment


$682,530.39


Refunds


1,197.04


Adjustment Entry


92.86


Cash


$475,010.23


Abatements


6,972.02


Outstanding December 31, 1940


201,272.16


$683,820.29


$683,820.29


Personal Property Taxes 1940:


Commitment


$ 31,533.10


Cash


$ 26,222.10


Abatements


40.42


Outstanding December 31, 1940


5,270.58


$ 31,533.10


$ 31,533.10


Poll Taxes 1935:


Outstanding January 1, 1940


$ 286.00


Audit Adjustment


2.00


Cash


$ 56.00


Abatements


232.00


$ 288.00 $ 288.00


Poll Taxes 1936:


Outstanding January 1, 1940


$ 772.00


Audit Adjustment


$ 2.00


Cash


84.00


Abatements


18.00


Outstanding December 31, 1940


668.00


$ 772.00 $ 772.00


Poll Taxes 1937:


Outstanding January 1, 1940 $ 1,004.00


Audit Adjustment


$ 24.00


Cash


82.00


Abatements


18.00


Outstanding December 31, 1940


920.00


$ 1,004.00 $ 1,004.00


285


TOWN ACCOUNTANT


Poll Taxes 1938:


Outstanding January 1, 1940


$ 1,108.00


Cash


$ 102.00


Abatements


32.00


Outstanding December 31, 1940


974.00


$ 1,108.00


$ 1,108.00


Poll Taxes 1939:


Outstanding January 1, 1940


$ 1,502.00


Refund


2.00


Abatement Cancelled


2.00


Cash


$ 332.00


Abatements


72.00


Outstanding December 31, 1940


1,102.00


$ 1,506.00


$ 1,506.00


Poll Taxes 1940:


Commitments


$ 10,910.00


Refund


2.00


Cash


$ 8,626.00


Abatements


756.00


Outstanding December 31, 1940


1,530.00


$ 10,912.00


$ 10,912.00


Motor Vehicle Excise Tax 1934: Adjustment Entry


$ 3.38


Cash


$ 3.38


$ 3.38


$ 3.38


Motor Vehicle Excise Tax 1935:


Outstanding January 1, 1940


$ 774.04


Audit Adjustment


$ 106.71


Cash


110.11


Abatements


551.93


Outstanding December 31, 1940


5.29


$ 774.04


$ 774.04


Motor Vehicle Excise Tax 1936:


Outstanding January 1, 1940


$ 1,413.11


Audit Adjustment


2.02


Refunds


5.67


Cash


$ 38.25


Abatements


59.91


Outstanding December 31, 1940


1,322.64


$ 1,420.80 $ 1,420.80


286


TOWN OF WAKEFIELD


Motor Vehicle Excise Tax 1937:


Outstanding January 1, 1940 $ 1,747.24


$


.91


Audit Adjustment Cash


108.87


Abatements


58.59


Outstanding December 31, 1940


1,578.87


$ 1,747.24


$ 1,747.24


Motor Vehicle Excise Tax 1938:


Outstanding January 1, 1940


$ 538.78


Cash


$ 33.61


Outstanding December 31, 1940


505.17


$ 538.78


$ 538.78


Motor Vehicle Excise Tax 1939:


Outstanding January 1, 1940


$ 828.91


Commitments


186.69


Refunds


45.06


Cash


$ 682.62


Abatements


67.08


Outstanding December 31, 1940


310.96


$ 1,060.66


$ 1,060.66


Motor Vehicle Excise Tax 1940:


Commitments


$ 34,246.18


Refunds


1,513.19


Cash


$ 32,318.19


Abatements


2,526.28


Outstanding December 31, 1940


914.90


$ 35,759.37


$ 35,759.37


Betterment Assessments 1936:


Refund


$ 5.47


Abatements


$ 5.47


$ 5.47


$ 5.47


Betterment Assessments 1937:


Refund


$


5.47


Abatements


$ 5.47


$ 5.47


$ 5.47


Betterment Assessments 1938:


Outstanding January 1, 1940


$ 485.27


Commitment


9.80


Refunds


99.29


Cash


Abatements


$ 371.84 147.96


287


TOWN ACCOUNTANT


Certification of takings Reversal Entry .


64.76


9.80


$ 594.36


$ 594.36


Betterment Assessments 1939:


Outstanding January 1, 1940


$ 2,591.40


Corrected Commitment


13.50


Refunds


13.84


Cash


$ 1,695.29


Abatements


87.96


Credits to Collector


266.29


Outstanding December 31, 1940


569.20


$ 2,618.74


$ 2,618.74


Betterment Assessments 1940:


Commitments


$ 5,061.22


Adjustment Entries


76.99


Cash


$ 2,701.47


Adjustment Entries


390.97


Outstanding December 31, 1940


2,045.77


$ 5,138.21 $ 5,138.21


Betterment Assessments Not Ap- portioned:


Outstanding January 1, 1940 $ 1,273.70


Audit Adjustment


5.09


Commitments


27,401.48


Cash


$ 6,680.15


Abatements


517.07


Apportionments


564.02


Committed to 1940 Assessment


117.33


Outstanding December 31,1940


20,801.70


$ 28,680.27


$ 28,680.27


Betterment Assessments Appor-


tioned :


Outstanding January 1, 1940 $ 25,789.75


Apportionments 564.02


Adjustment Entries


489.63


Audit Adjustments


$ 101.98


Commitment to Collector


5,034.02


Payments in full


810.57


Outstanding December 31, 1940


20,896.83


$ 26,843.40


$ 26,843.40


288


TOWN OF WAKEFIELD


Sewer Assessments 1938:


Outstanding January 1, 1940 Cash Certification of takings


$1,835.21


$ 777.45


1,057.76


$ 1,835.21


$ 1,835.21


Sewer Assessments 1939:


Outstanding January 1, 1940


$ 2,313.66


Cash


$ 1,563.64


Credit to Collector Outstanding December 31, 1940


204.89


545.13


$ 2,313.66


$ 2,313.66


Sewer Assessments 1940:


Commitments


$ 4,875.46


Cash


$ 2,938.14


Adjustment Entry


71.50


Outstanding December 31, 1940


1,865.82


$ 4,875.46 $ 4,875.46


Sewer Assessments Not Appor-


tioned :


Outstanding January 1, 1940


$ 621.77


Commitments


80.97


Cash


$ 80.97


Abatements


258.00


Outstanding December 31, 1940


363.77


$ 702.74 $ 702.74


Sewer Assessments Apportioned:


Outstanding January 1, 1940


$ 17,767.03


Adjustment Entry


357.00


Payments in full


$ 248.61


Committed to Collector


4,511.69


Adjustment Entry


363.77


Outstanding December 31, 1940


12,999.96


$ 18,124.03


$ 18,124.03


Moth Assessments 1938:


Outstanding January 1, 1940


$ 187.78


Refunds


6.50


Cash


$ 183.78


Certification of takings


10.50


$ 194.28 $ 194.28


289


TOWN ACCOUNTANT


Moth Assessments 1939:


Outstanding January 1, 1940


$ 435.32


Cash


$ 311.43


Abatements


3.50


15.75


Credits to Collector Outstanding December 31, 1940


104.64


$ 435.32


$ 435.32


Moth Assessments 1940:


Commitment


$


430.15


Cash


$ 298.10


Abatement


.50


Outstanding December 31, 1940


131.55


$ 430.15


$ 430.15


Committed Interest 1936:


Refund


$


1.98


Abatements


$ 1.98


$ 1.98


$ 1.98


Committed Interest 1937:


Refunds


$


2.30


Abatements


$ 2.30


$ 2.30


$ 2.30


Committed Interest 1938:


Outstanding January 1, 1940


$ 379.13


Refunds


39.82


Audit Adjustment


$ 2.52


Cash


314.50


Abatements


59.45


Certification of takings


42.48


$ 418.95


$ 418.95


Committed Interest 1939:


Outstanding January 1, 1940


$ 1,421.25


Commitments


7.82


Refund


11.74


Cash


$ 907.11


Abatements


70.61


Credits to Collector


118.19


Reversal Entry


5.76


Outstanding December 31, 1940


339.14


$ 1,440.81 $ 1,440.81


290


TOWN OF WAKEFIELD


Committed Interest 1940:


Commitments


$ 2,556.91


Adjustment Entry


1.65


Cash


$


1,480.14


Adjustment Entry


9.79


Outstanding December 31, 1940


1,068.63


$ 2,558.56


$2,558.56


Tax Titles:


Outstanding January 1, 1940


$ 80,333.13


Audit Adjustment


192.34


Credits to Collector


16,254.06


Certification of Tax Takings


4,707.21


Cash


$ 15,281.47


Foreclosure


88.04


Tax Disclaimers


65.56


Adjustment Entry


35.72


Outstanding December 31, 1940


86,015.95


$101,486.74


$101,486.74


Tax Title Possessions :


Outstanding January 1, 1940


$ 7,764.08


Audit Adjustment


1,854.82


Foreclosure (J. Colucciello)


88.04


Sale of Property :


Bennett Street


$ 1,280.87


Aborn Avenue


4,504.03


Main Street ("Goldfine")


792.76


Outstanding December 31, 1940


3,129.28


$


9,706.94


$


9,706.94


Sale of Real Estate:


Balance January 1, 1940


$ 1,130.13


Property Sold:


Bennett Street


300.00


Aborn Avenue


1,000.00


Main Street "Goldfine"


50.00


Balance available for 1941 $ 2,480.13


$ 2,480.13 $ 2,480.13


Accounts Receivable-School De- partment:


Outstanding January 1, 1940 $ 8,694.90


Commitments 22,442.31


Audit Adjustment $ 34.77


291


TOWN ACCOUNTANT


Cash


24,803.58


Abatements


363.50


Outstanding December 31, 1940


5,935.36


$ 31,137.21


$ 31,137.21


Accounts Receivable - Welfare


Outside Relief :


Outstanding January 1, 1940


$ 11,367.81


Commitments 2,180.60


Adjustment Entry


4,702.00


Audit Adjustment


$ 3,262.18


Cash


8,210.71


Adjustment City of Boston


1,085.85


Outstanding December 31, 1940


5,691.67


$ 18,250.41


$ 18,250.41


Accounts Receivable - Welfare -


Old Age Assistance:


Outstanding January 1, 1940


$ 1,513.64


Audit Adjustment 1,425.29


Commitments


37,815.53


Cash


$ 35,713.33


Disallowances-State


136.72


Adjustment-City of Boston


1,500.16


Outstanding December 31, 1940


3,404.25


$ 40,754.46


$ 40,754.46


Accounts Receivable - Welfare - Aid to Dependent Children:


Balance January 1, 1940 audit adjustment $ 5,760.40


Commitment


5,199.68


Cash


$ 4,610.87


Transfer (Received from State)


4,702.00


Outstanding December 31, 1940


1,647.21


$ 10,960.08


$ 10,960.08


Accounts Receivable-Health De-


partment:


Outstanding January 1, 1940 $ 7,243.55 Commitments 6,304.33


Audit Adjustment


$ .50


Cash


208.65


Abatements


6,858.80


Outstanding December 31, 1940


6,479.93


$ 13,547.88


$ 13,547.88


292


TOWN OF WAKEFIELD


Commonwealth of Massachusetts -State Aid:


Due from State Account of 1939 $ 1,340.00


Cash $ 1,340.00


Due from State Account of 1940 1,395.00


Outstanding December 31, 1940 1,395.00


$ 2,735.00 $ 2,735.00


Commonwealth of Massachusetts


-Military Aid:


Due from State Account of 1939 $ 1,130.25


Cash $


1,122.75 7.50


Adjustment Entry


Due from State Account of 1940 893.00


Outstanding December 31, 1940


893.00


$ 2,023.25 $ 2,023.25


Commonwealth of Massachusetts


-Soldiers' Burials: Due from State Account of


1938 and 1939 $ 300.00


Cash $ 300.00


$ 300.00 $ 300.00


State Aid-Highways:


Balance due from State 1939 $ 235.20


Cash $ 231.97


Transfer to Chapter 90 Main- tenance 1939 3.23


Allotment


from


State


for


Maintenance 1940 1,000.00


Cash


842.38


Outstanding December 31, 1940


157.62


$ 1,235.20 $ 1,235.20


County Aid-Highway


Balance due from County 1939 $ 235.20


Cash $ 231.97


Transfer to Chapter 90 Main-


tenance 1939 3.23


293


TOWN ACCOUNTANT


Allotment from County for Maintenance 1940


1,000.00


Cash


842.38


Outstanding December 31, 1940


157.62


$ 1,235.20 $ 1,235.20


Accounts Receivable - Light De- partment :


Outstanding January 1, 1940 $ 23,177.40


Commitments


397,656.94


Cash


$338,622.56


Discounts, Interest, etc.


59,830.53


Outstanding December 31, 1940


22,381.25


$420,834.34


$420,834.34


Water Rates:


Outstanding January 1, 1940


$ 2,500.64


Commitments


82,156.10


Cash Refunds


18.20


Cash


$ 82,230.52


Abatements


533.86


Refunds


18.20


Outstanding December 31, 1940


1,892.36


$ 84,674.94


$ 84,674.94


Water Services:


Outstanding January 1, 1940


$ 631.36


Commitments


3,598.49


Cash


$ 3,593.42


Abatements


31.26


Outstanding December 31, 1940


605.17


$ 4,229.85


$ 4,229.85


Sewer Connection Deposits:


Cash Balance January 1, 1940


$ 10.00


Cash Received


3,655.44


Cost of Connections


$ 2,911.38


Cash Returned


508.06


Balance, Cash on Hand De-


cember 31, 1940


246.00


$ 3,665.44


$ 3,665.44


Overlay 1916:


Abatements


$ 12.11


Deficit to 1941 Tax Levy


$ 12.11


$ 12.11


$ 12.11


294


TOWN OF WAKEFIELD


Overlay 1917: Abatements Deficit to 1941 Tax Levy


$ 12.73


$ 12.73


$ 12.73


$ 12.73


Overlay 1918:


Abatements Deficit to 1941 Tax Levy


$


13.84


$ 13.84


$ 13.84


$ 13.84


Overlay 1934:


Balance, January 1, 1940 Au- dit Adjustment


$ 17.00


Transfer to Overlay Surplus


$


17.00


$ 17.00


$ 17.00


Overlay 1935:


Balance, January 1, 1940


$ 793.70


Audit Adjustment


$ 5.22


Abatements


353.20


Transfer to Overlay Surplus


193.20


Balance December 31, 1940


242.08


$ 793.70


$ 793.70


Overlay 1936:


Balance, January 1, 1940


$ 1,362.13


Audit Adjustment


$ 2.01


Abatements


106.00


Transfer to Overlay Surplus


237.12


Balance December 31, 1940


1,017.00


$1,362.13


$ 1,362.13


Overlay 1937:


Balance, January 1, 1940


$ 2,248.49


Audit Adjustment


$ .06


Abatements


104.88


Transfer to Overlay Surplus


441.99


Balance December 31, 1940


1,701.56


$ 2,248.49


$ 2,248.49


Overlay 1938:


Balance, January 1, 1940


$ 10,011.95


Audit Adjustment


$ .02


Abatements


618.45


Transfer to Overlay Surplus


6,325.69


Balance, December 31, 1940


3,067.79


$ 10,011.95


$ 10,011.95


295


TOWN ACCOUNTANT


Overlay 1939:


Balance, January 1, 1940


$ 10,931.32


Abatement Cancelled Abatements Balance, December 31, 1940


2.00


$ 1,785.14


9,148.18


$ 10,933.32


$ 10,933.32


Overlay 1940:


Commitment Abatements Balance, December 31, 1940


$ 8,334.32


14,547.70


$ 22,882.02


$ 22,882.02


Overlay Surplus-Reserve Fund :


Balance, January 1, 1940


$ 16,366.15


Audit Adjustment


12.29


Transfer to Reserve Fund


$ 16,000.00


Transfer from Reserve Fund


8,838.13


Transfer from Overlay 1934- 35-36-37-38


7,215.00


Balance, December 31, 1940


16,431.57


$ 32,431.57 $ 32,431.57


Excess and Deficiency :


Balance January 1, 1940


$131,450.78


Refund-Welfare 1939


16.77


Refund Train. School 1939


36.86


Disclaimer Taxes 1916-17-18


38.68


Adjustment Entry-Tax Titles


35.72


Tax Title Redemptions


15,281.47


Excess Revenue for 1940


44,292.41


Audit Adjustment


$ 4,611.92


Free Cash to Revenue


40,000.00


Credits to Collector


15,648.94


Certification of Tax Takings


3,531.71


Balance, December 31, 1940


127,360.12


$191,152.69


$191,152.69


-


$ 22,882.02


Trust Fund Account


Cash on Hand January 1, 1940


$ 53,916.82


Funds Set Up in 1940 4,390.00


Interest for 1940


1,342.28


Interest transferred to Library


$ 331.60


Interest transferred to Park Department


67.89


Payments 1940


969.97


Cash on Hand December 31, 1940


58,279.64


$ 59,649.10


$ 59,649.10


ANALYSIS


NAME OF FUND


Trust Fund Accumulated


Payments or Funds and


Interest


Interest for 1940


Transfers 1940


Interest Dec. 31, 1940 $ 53,884.84


For details of funds prior to 1940, see Treasurer's Report.


New Funds set up in 1940:


Ashton H. Thayer Library Fund


500.00


1.04


1.04


500.00


Sarah E. Bryant Park Fund


2,000.00


2,000.00


Perpetual Care Cemetery Funds:


George O. Antunes


50.00


.52


50.52


William Broussand


15.00


.16


15.16


Gertrude M. Butler


15.00


15.00


Gertrude E. Butler


15.00


15.00


Paul Caracoglia


50.00


21


50.21


Frank A. Crowe


15.00


.13


15.13


296


TOWN OF


WAKEFIELD


Total of all funds as reported Jan. 1, 1940


$ 49,210.27


$ 4,706.55


$ 1,336.44


$ 1,368.42


Jan. 1, 1940


Mary C. Cooper Nancy DiDonato Patrick Dinan


50.00


50.00


50.00


.21


50.21


50.00


.31


50.31


Delia Dunlea


50.00


.31


50.31


William H. Fayle


75.00


.63


75.63


Elizabeth Foley


30.00


30.00


Anna E. Fawcett


50.00


50.00


Edward H. Greene


15.00


.06


15.06


Floyd E. & Edith F. Grove


50.00


.21


50.21


Edward H. Greene


15.00


15.00


Sigmund Homicz


50.00


50.00


Margaret Hawkes


30.00


30.00


George J. Ingalls


50.00


.42


50.42


James J. Jack


15.00


.03


15.03


Philip P. Jack


50.00


50.00


Mary Knight


15.00


15.00


Regina LaFave


15.00


.16


15.16


Emilie N. Lindahl


15.00


.06


15.06


William T. Lounder


30.00


30.00


Margaret H. Lane


30.00


30.00


Ellen Lyons


50.00


50.00


Flora Melendy


30.00


.13


30.13


Grace E. Mew


15.00


16


15.16


Mary Melonson


15.00


15.00


Mary Meloney


50.00


50.00


Mary Melanson


15.00


15.00


Helen McPherson


15.00


15.00


Agnes O'Donnell


50.00


50.00


John J. O'Brien


50.00


50.00


Edith Pinckney


15.00


.06


15.06


TOWN ACCOUNTANT


297


Mary Pineau


30.00


.13


30.13


Ernest Price


75.00


31


75.31


Demetra Pappas


30.00


.06


30.06


Marion L. Pohl


50.00


50.00


John T. Payro


15.00


15.00


Clifford S. Russell


50.00


10


50.10


Harry F. Russell


50.00


.10


50.10


Carmela Rufo


50.00


50.00


Carmine Roberto


50.00


50.00


Josephine Surrette


15.00


15.13


Marie Sateriale


30.00


30.00


Bernardo Tecce


50.00


.10


50.10


William J. Walsh


50.00


.10


50.10


Michael J. Walsh


50.00


50.00


Stanislaw Wojtylo


30.00


30.00


Gertrude Willson


15.00


15.00


Duncan A. Young


50.00


50.00


$ 53,600.27


$ 4,706.55


$ 1,342.28


$ 1,369.46


$ 58,279.64


298


TOWN OF WAKEFIELD


.13


1940 Indebtedness Account


Outstanding January 1, 1940 Borrowed 1940


$398,000.00


103,000.00


Payments 1940 Outstanding December 31, 1940


$ 93,500.00 407,500.00


$501,000.00


$501,000.00


RECAPITULATION


Sewers


$122,500.00


Schools


66,000.00


Water


176,000.00


Light


29,000.00


Street


14,000.00


$407,500.00


INDEBTEDNESS ACCOUNT - DUE 1941 TO 1954 INCLUSIVE


Loans Outstanding


Due


Due 1942


Due 1943 $ 1,000


Due 1944


Due 1945


Due 1946


Due 1947


Due 1948


Due 1949 1950


Due


Due


Due


Due


Sewer Loan 1925


10,000


1,000


1,000


1,000


1,000


1,000


1,000


$ 1,000 1,000


1,000


1,000


1,000


Sewer Loan 1926


8,000


8,000


Sewer Loan 1929


16,000


4,000


4,000


4,000


4,000


Sewer Loan 1937


31,500


4,500


4,500


4,500


4,500


4,500


4,500


4,500


Sewer Loan 1940


48,000


5,000


5,000


5,000


5,000


5,000


5,000


5,000


5,000


5,000


3,000


High School Loan 1921-


First Issue


7,500


7,500


High School Loan 1922-


Second Issue


20,000


10,000


10,000


Third Issue


10,000


5,000


5,000


Greenwood School Loan 1923 28,500


9,500


9,500


9,500


Street Loan 1937


14,000




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