USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1949 > Part 19
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$1,647,894.78
$ 1,647,894.78
SUPPLEMENTARY BALANCE SHEET TRUST AND INVESTMENT FUNDS
Balance December 31, 1949
$222,405.32
Sweetser Lecture Fund
$ 10,000.00
Sweetser Lecture Guarantee Fund 3,342.93
Library Trust Funds
16,389.26
Park Trust Funds 5,523.69
School and Scholarship Funds 9,458.10
Old Cemetery Trust Funds
6,574.19
286
TOWN OF WAKEFIELD
1949 Indebtedness Account
Outstanding January 1, 1949 Bonds Issued 1949 Payments 1949 Outstanding, December 31, 1949
$ 850,000.00 490,000.00
$
92,000.00 1,248,000.00
$ 1,340,000.00
$ 1,340,000.00
RECAPITULATION
Sewers
$461,000.00
Highways
163,000.00
Water
221,000.00
Schools
225,000.00
Highway Building and Police Station Loan
78,000.00
Police Station Loan 1949
100,000.00
$ 1,248,000.00
Loans Outstanding Dec. 31, 1949 $
Due
Du
Due
Du
Due
Dus
Due
Due
Due
Due
Du
Due
Due
Due
Due
Due
Due
Due
Du
Due
Due
1950
1951
1952
1953
195
1955
1956
195
195
195
1961
1962
1963
1964
1965
196
1967
196
1971
1972
1973
Sewer Loan 1925
1,000.00 $
1,000.00
Sewer Loan 1940
3,000.00
3,000.00
Sewer Loan 1946
92,000.00
6,000.00
$ 6,000.00 $ 6,000.00
$ 6,000.00
$ 6,000.00 $
6,000.00
$ 6,000.00
$ 6,000.00
$ 6,000.00
$ 6,000.00
$ 6,000.00
$ 5,000.00
$ 5,000.00
$ 6,000.00
$ 5,000.00
$ 3,000.00
$ 3,000.00
Sewer Loan 1947
12,000.00
3,000.00
3,000.00
3,000.00
3,000.00
7,000.00
7,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
6,000.00
5,000.00
5,000.00
5,000.00 10,000.00
5,000.00 10,000.00
10,000.00 $ 10,000.00
$ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00
Street Loan 1947
63,000.00
9,000.00
9,000.00
9,000.00
9,000.00
9,000.00
9,000.00
9,000.00
Street Loan 1948-First Issue
12,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
5,000.00
Police Station Loan 1949
100,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00 10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
5,000.00 10,000.00
5,000.00 10,000.00
6,000.00 10,000.00
5,000.00
5,000.00
Hurd School Building Loan 1948
Water Mains Relaying Loan 1939
14,000.00
3,000.00
3,000.00
3,000.00
3,000.00
2,000.00
Water Loan 1942
10,000.00
5,000.00
3,000.00
2,000.00
Water Loan 1946
33,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
2,000.00
1,000.00
Water Mains Loan 1947
8,000.00
2,000.00
2,000.00
2,000.00
2,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
Water Mains Lcan 1949
75,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
6,000.00
5,000.00
16,000.00
4,000.00
4,000.00
4,000.00
4,000.00
$ 1,248,000.00 $114,000.00 $102,000.00 $101,000.00 $ 99,000.00
$ 84,000.00 $ 77,000.00 $ 77,000.00
$ 63,000.00 $ 63,000.00 $ 60,000.00 $ 54,000.00
$ 52,000.00
$ 46,000.00 $ 40,000.00
$ 40,000.00 $ 33,000.00 $ 33,000.00 $ 30,000.00
$ 25,000.00
$ 15,000.00
$ 10,000.00
$ 10,000.00 $ 10,000.00 $ 10,000.00
Sewer Loan 1949
255,000.00
13,000.00
13,000.00
13,000.00
13,000.00
13,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
5,000.00 10,000.00
10,000.00
10,000.00
10,000.00
Street Loan 1949
60,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
5,000.00
5,000.00
5,000.00
5,000.00
Highway Building and Police Station Loan
78,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00 5,000.00
5,000.00
5,000.00
6,000.00
5,000.00
225,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
15,000.00
10,000.00
10,000.00
Water Mains Relaying Loan 1940
5,000.00
5,000.00
Water Mains Loan 1948
60,000.00
5,000.00
5,000.00
5,000.00
5,000.00
Street Loan 1948-Second Issue
28,000.00
4,000.00
3,000.00
3,000.00
3,000.00
Sewer Loan 1948
98,000.00
7,000.00
7,000.00
$ 5,000.00
10,000.00
Du 1968
Due 1970
10,000.00
Water and Sewer Loan 1948
INDEBTEDNESS ACCOUNT-DUE 1950 TO 1973 INCLUSIVE
Due 1960
6,000.00
6,000.00
Forest Glade Cemetery Funds Jonathan Nichols Temperance Fund Investment Post War Rehabilitation Fund 138,000.00
31,410.00 1,707.15
$222,405.32
$222,405.32
RETIREMENT SYSTEM FUNDS-CASH AND SECURITIES
Balance' January 1, 1949
$193,398.40 24,646.18
Payments:
Transfers from Payroll Deductions
Pensions and Annuities
$ 45,845.32
From Town Appropriations:
Administrative Expense
1,232.73
For Pensions
$ 41,376.00
Refunds-Members' Deductions 873.75
Members Military Service
144.82
Transfers-Members Deductions Audit Entries:
188.68
For Expense Fund 1,171.45
$ 42,692.27
Amortization Pension Fund 100.00
$ 5,811.42
Certification Pension Fund 40.90
Interest and Dividends on Investments Audit Entries:
Income Savings Banks
$ 210.90
Valuation Bank Stock
1,012.50
Adjustment Co-op. Bank Shares 40.00
$ 1,263.40 Balance December 31, 1949
$219,530.29
$267,811.67
$267,811.67
REPORT
OF
TOWN
$ 140.90
ACCOUNTANT
287
288
TOWN OF WAKEFIELD
The accounts of the Treasurer have been examined and found to be in agreement with the Accountant's books.
Cash Balances have been verified and found to be distributed as fol- lows:
General Funds-on deposit in:
Wakefield Trust Company $578,520.04
First National Bank of Boston 102,789.60
Second National Bank of Boston 479,043.37
Cash in hands of Treasurer not
deposited until January 1,097.53
Total December 31, 1949 $1,161,450.54
Trust Funds have been checked by examination of Savings Bank deposit books.
Investment Funds have been checked and found in the custody of the Treasurer and consist of the following:
U. S. War Bonds 21/2%-Series G $100,000.00
U. S. Treasury Bonds 21/4% of 1959-1962 38,000.00
$138,000.00
Funds of the Contributory Retirement System have been checked by examination of Co-operative Bank books, securities, and statement of the Wakefield Trust Company covering checking account, and have been found to be in agreement with the Town Accountant's books.
Funds are invested as follows: Wakefield Savings Bank
$5,117.49
Melrose Savings Bank 5,108.99
Malden Savings Bank 10,269.00
$ 20,495.48 $ 601.21
Adjustments by Auditors
Co-operative Banks-Serial Shares including accrued interest
$ 91,141.30
United States War Bonds 21/2% Series G
70,000.00
100 Shares First National Bank of Boston- purchase price
$ 3,900.00
100 Shares National Shawmut Bank of Boston- purchase price
2,287.50
Added to value of bank stocks by State Auditors to equal market value
2,125.00
$ 8,312.50
Wakefield Trust Company-Checking Account Check for Payroll Deductions in hands of Treas- urer not deposited until January
$ 28,548.52
431.28
$ 23,979.80
Total Funds December 31, 1949
$219,530.29
289
REPORT OF TOWN ACCOUNTANT
All cancelled permanent and temporary loans paid during the year by the Treasurer have been examined and found to be as reported.
As my retirement as Town Accountant will occur during the present year, I wish to take this opportunity to express my appreciation for the co-operation and pleasant associations with the Honorable Board of Select- men and all officers and employees of the town during my tenure of office. Respectfully submitted,
CHARLES C. COX, Town Accountant
290
TOWN OF WAKEFIELD
Index to Town Officers' Reports
Animal Inspector
126
Assessors
129
Births
72 123
Building Inspector
125
Deaths
95
Dog Licenses
100
Dog Officer
126
Election Results and Town Meetings
11
Fire Department
109 111
Forest Warden
Health Department
131 285 6
Jurors
Library Trustees
134
Light Department
188 82
Marriages
Milk and Food Inspector
Moth Department
Park and Cemetery Department
Planning Board
Plumbing Inspector
Police Department
Recreation Commission
Retirement Board
School Department
Sealer of Weights and Measures
Selectmen
Sporting Licenses
State Audit
Street Superintendent
Sweetser Charity
Sweetser Lecture Committee
127
Town Accountant
232 13
Town Meetings
Town Officers 1949-1950
3 167
Tree Warden
122
Water and Sewerage Department
144
Wire Inspector
123
Welfare Department
155
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.
.
.
.
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.
.
.
.
.
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.
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ยท
.
132 104 165
163 195 128 101 100 228 112 128
Treasurer
133 122 142 124
Indebtedness Account
Compensation Agent
INDEX TO TOWN ACCOUNTANT'S REPORT 291
Index to Town Accountant's Report
Accounting
237
Accounts Receivable-Various Departments
281
Aid to Dependent Children 247
Aid to Dependent Children-Fed. Funds
236, 247
Appeals Board 233, 256
Appropriations Schedule 273
Appropriations to Enter the Tax Levy
265
Armistice Day
257
Assessors
238
Available Balances
266
Balance Sheet
280
Betterment Assessments
232
Blue Cross Deductions
236, 257, 268
Bond Issues
235, 260, 261, 267
Building Inspector 233, 243
234, 269
Collector 233, 238
Commonwealth of Massachusetts-Receipts 235
Commonwealth of Massachusetts-Old Age Assistance 235
Compensation Account 243
Cox Scholarship Fund 235, 265
Dog Licenses
233, 236, 257
Dog Officer
244
Dumps
244
Election and Registration
239
Excess and Deficiency
271
Excise Tax-Motor Vehicle
232
Federal Grants-New Buildings-Repayments
242, 236
Federal Withholding Taxes
236, 257, 267
Finance Committee 256
Fines and Forfeits
233 Fire 233, 242
Fire Alarm, Police Signal, Traffic Lights 269
Fire and Liability Insurance 257
Forest Warden 242
Garbage
245
Guarantee Deposit Account-Light Department
270
Health
233, 244
Highway 234, 236, 245
Highway Building (new)
245
Highway Chap. 90
236, 245, 266
Hurd School Addition 249
Hydrant Rental 242
Cemetery Sale of Lots
.
.
292
TOWN OF WAKEFIELD
Indebtedness Account-insert following
285
Infirmary 233, 248
Inspector of Animals 244
Inspector of Plumbing
244
Inspector of Wires
243
Interest
235, 264
Investment-War Bonds
235, 287
Lafayette Building 233, 240
Legal
238
Library
234, 253
Licenses and Permits
232
Light Department
234, 257, 269
Maturing Debt
264
Memorial Day
257
Middlesex County Hospital
Miscellaneous Account
256
Moth Department
243
Moth Assessments
232
Old Age Assistance
233, 235, 247
Old Age Assistance-Commonwealth of Mass.
235
Old Age Assistance-Fed. Funds 236
281
Overlay Surplus
270, 281
Park and Cemetery
234, 254
Payments
236
Perpetual Care-Cemetery
235, 265, 268
Planning Board
256
Police
233, 241
Police Station - New
236, 242
Post-War Fund Income
268
Premium on Notes and Bond
235, 265, 268
Real Estate - Sale
269
Receipts
232
Recreation Commission
256
Refunds
236, 265
Retirement System 257, 287
257
Sealer of Weights and Measures
233, 243
Selectmen
236
Schools
234, 248
Sewer Assessments
232
Sewer Connections
234, 261, 271
Sewer Construction
261
Sewer Department 234, 261
Sewerage Surveys 261
State Charges
. 257
Rifle Range
Overlay-Prior Years
Middlesex County Tax 257 257
INDEX TO TOWN ACCOUNTANT'S REPORT 293
Street Lights
257
Streets - New Construction, 1947, 1948, 1949 245
Sweetser Lecture Fund 235, 265
Taxes - Receipts 232
Taxes Prior Years
232
Tax Title Possessions 270
Tax Title Redemptions
232
Tax Titles 270
Teachers' Retirement Fund
236, 257, 267
Temporary Loans
235, 264, 268
Town Clerk
233, 239
Town Hall
233, 240
Treasurer
233, 237
Trust Fund Account
272, 286
Trust Fund Income
235
Trust Fund Payments
265
Veterans' Benefits
248
Veterans' Burials
256
Veterans' Service Department
257
Visiting Nurse
257
Vital Statistics
239
Water Department 234, 260
Water Rates
281
Water Services
281
Welfare
233, 246
Willard Donnell Trust
235, 247
120389
R 352 W14 (1949)
1
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