USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1952 > Part 19
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2,090.45* *
6,909.55
Foster's Lane Construction
629.73
**
629.73
256
TOWN
OF
WAKEFIELD
Repairs Linden and Cooper St. Bridges-1952 Parking Area Rental Quannapowitt Boulevard Barriers Park Division Cemetery Division
4,000.00
3,564.50 **
435.50
225.00
157.50
67.50*
159.68
27.81 **
131.87
4,182.99
4,079.52
103.47*
8,255.86
8,254.37
1.49*
$ 419,510.75
$ 382,541.45
$ 36,969.30
PUBLIC SERVICE ENTERPRISES:
$
601.28*
Water Department
$ 112,018.23
$ 111,195.55 **
221.40
Water Pensions
2,779.40
2,779.40
Water Bonds
32,000.00
32,000.00
Water Interest
4,446.25
4,446.25
$ 151,243.88
$ 150,421.20
$ 822.68
LIGHT DEPARTMENT:
Light Department-Operation Light Department-Depreciation Street Lights Fire Alarm, Police Signal, Traffic Lights
$ 993,947.91
$ 898,444.59 **
$ 9,550.32
125,674.30
99,723.28 **
25,951.02
28,250.00
28,250.00
10,200.00
9,466.92 **
733.08
$ 1,158,072.21
$ 1,035,884.79
$ 122,187.42
CHARITIES AND VETERANS' BENEFITS: Welfare Department, General Relief Disability Assistance (Town) Disability Assistance (Federal)
**
$ 295.05
$ 33,969.65
$ 21,214.81
12,459.79*
11,010.50
10,807.60 **
202.90
4,859.05
3,825.79 **
1,033.26
Aid to Dependent Children (Town)
19,510.50
18,295.84 **
1,214.66
141ST
ANNUAL REPORT
257
Aid to Dependent Children (Federal) Old Age Assistance (Town) Old Age Assistance (Federal) Willard Donell Trust
18,892.40
16,798.69 **
2,093.71
181,168.00
171,019.85 **
10,148.15
156,515.80
151,384.74 **
5,131.06
643.16
290.50 **
352.66
Infirmary
14,475.19
13,816.61
658.58*
Infirmary (Veterans' Pension)
941.70
941.70
Veterans' Benefits
36,046.15
33,223.77
2,822.38*
Veterans' Services
385.00
377.61
7.39*
Veterans' Agent-Pension
609.70
609.70
$ 479,026.80
$ 442,607.21
$ 36,419.59
EDUCATION:
School Department
$ 734,444.90
$ 724.369.92
$ 10,074.98*
Pension
3,002.44
3,002.44
Trade Schools
6,610.00
4,918.15
1,691.85*
Athletic Fund
13,000.09
10,275.76
2,724.33*
Lunch Fund
37,154.73
37,817.90 **
663.17
High School Addition Plans
143.88
**
143.88
High School Planning Expense
3,908.07
1,173.93 **
2,734.68
High School Professional Survey
43.21
43.21*
Elementary Schools Planning Comm.
1,520.62
**
1,520.62
Mass. Teachers' Retire. Ass'n. Military Service
441.10
202.90
238.20*
Western Ave., Davidson Road Site Appr.
500.00
500.00
Western Ave. School Const. Appr.
10,955.66
**
10,955.66
High School Site-Main Street
7,500.00
7,500.00
Montrose School Repairs
10,000.00
7,680.35 **
2,319.65
Western Ave. Land Taking
50.00
**
50.00
$ 829,274.70
$ 797,440.81
$ 31,833.89
258
TOWN
OF WAKEFIELD
LIBRARY : Library Salaries and Expense
$ 49,137.25
$ 49,101.52
$ 35.73*
$ 49,137.25
$ 49,101.52
$ 35.73*
RECREATION AND UNCLASSIFIED:
Miscellaneous
8,408.13
8,406.79
1.34*
Recreation
1,000.00
971.97
28.03*
Finance Committee
800.00
703.60
96.40*
Rifle Range, 182nd Inf.
800.00
422.03
377.97*
Rifle Range, Med. Tank Co.
125.00
58.72
66.28*
Planning Board
500.00
209.89
290.11*
Board of Appeals
34,315.57
33,815.67
499.90*
Insurance
1,000.00
1,000.00
Aid to Visiting Nurse Ass'n.
600.00
600.00
Veterans of Foreign Wars-Lease of Quarters
1,200.00
1,200.00
American Legion-Lease of Quarters
1,800.00
1,735.86
64.14*
Memorial Day-Veterans' Organizations
250.00
174.00
76.00*
Armistice Day-Veterans Organizations
1.00
**
1.00
Purchase of Land-Met. Dist. Comm.
2,626.40
2,594.20 **
32.20
Dog Licenses
100.00
***
100.00
Joseph DeRenne Perpetual Care Fund
250.00
250.00
Water Supply Survey Expenses
500.00
125.00 **
375.00
Park Dept. Hall Property Improvements
500.00
**
500.00
Repairs to Town Hall
47,120.79
**
47,120.79
Insurance Damage-Town Hall
200.00
**
200.00
Town Hall Study Committee
1.00
**
1.00
Purchase of Land-Traffic Circle-Elm Street
56,715.12
56,715.12
Retire. System-Pension Accum. Fund
16,862.27
15,889.80 **
972.47
Blue Cross Deductions
167,803.94
152,557.87 **
15,246.07
Federal Tax Deductions
26,001.78
23,929.11 **
2,072.67
259
141ST
ANNUAL REPORT
$ 2,992.25
$ 1,222.67
$ 1,769.58*
Teachers' Retirement Deductions Street Lights Fire Alarms, Police Signal, Traffic Lights Wage, Hour and Class. Com.
28,250.00
28,250.00
10,200.00
9,466.92 **
733.08
2,000.00
**
2,000.00
$ 412,923.25
$ 340,299.22
$ 72,624.03
STATE AND COUNTY CHARGES:
County Tax
$ 70,493.81
$ 60,599.34 **
$ 9,894.47
Middlesex County Hospital
21,616.46
21,067.74 **
548.72
State Charges
.38
.38
Metropolitan Charges-Charles River Basin
1,178.92
**
1,178.92
Metropolitan Charges-Park Loan
764.51
**
764.51
Metropolitan Charges-Parks and Reservations Metropolitan Sewerage Loan-North System
44,444.55
42,362.93 **
2,081.62
State Charges-Auditing Municipal Accounts
4,974.18
6,056.00
1,081.82
State Charges-Examination of Retirement System
401.37
401.37
State Charges-Smoke Inspection
399.66
349.13 **
50.53
$ 176,479.83
$ 164,521.64
$ 11,958.19
INTEREST AND MATURING DEBT:
Interest Maturing Debt
$ 30,085.50
$ 28,734.43
$ 1,351.07*
127,000.00
127,000.00
$ 157,085.50
$ 155,734.43
$ 1,351.07
RESERVE FUND: BOND ISSUES: Construction Public No. 2 Bond Issues
$ 2,274.88
$
2,274.88
260
TOWN OF WAKEFIELD
32,205.99
33,684.75
1,478.76
Highway Dept. Special B. I. Trans. Street Construction-1951
3,403.08
2,132.10
1,270.98
12,966.58
8,943.30
4,023.28
Lowell Street School Const. B. I .- 1951
320,000.00
154,449.20
165,550.80
Western Ave. School Const. B. I .- 1951
225,000.00
123,844.38
101,155.62
High School Building
63,000.00
50.00
62,950.00
High School Site
60,000.00
6,500.00
53,500.00
Water Supply Addition
295.96
295.96
Water Mains Extension-Forrester Rd., Drury
5,115.22
5,115.22
Water Mains Loans-1951
18,004.66
18,004.66
Water and Sewer Dept .- Power Shovel
1,433.94
1,433.94
Sewer Const. Various Sts. B. I .- 1948
1,773.48
1,773.48
Sewer Const. Various Sts. B. I .- 1949
10,577.50
10,577.50
Sewer Const. Various Sts. B. I .- 1950
21,041.36
20,297.32
744.04
Sewer Loan-1951
56,378.71
16,891.08
39,487.63
Montrose Sewer Const. B. I .- 1949
3,840.42
3,840.42
Sewer Const. Bond Issues
191.79
191.79
Sewers for Drainage New Const. H'way B. I.
27,986.50
3,032.15
24,954.35
Sewers for Drainage New Const. Highway
489.37
489.37
Sewers Const. School Site-B. I.
4,032.21
4,032.21
Hurd School Add .- B. I.
11.41
11.41
Davidson Road School Site B. I .- 1951
1,000.00
1,000.00
B.P.W. Water Div. Laying Mains Vale View
53,115.22
17,541.87
35,573.35
Municipal Light Const .- 1952
90,000.00
23,504.45
66,495.55
$ 981,932.29
$ 407,612.82
$ 574,319.47
* Appropriation Balances December 31, 1952-Transferred to Revenue
$ 47,225.59
** Appropriation Balances December 31, 1952-Carried Forward to 1953
$ 296,665.37
141ST
ANNUAL
REPORT
261
TOWN OF WAKEFIELD
BALANCE SHEET-DECEMBER 31, 1952
ASSETS
Revenue Cash
$725,161.38 576,594.35
Temporary Loans-Highway Reimbursement
$ 35,000.00
Non Revenue Cash
$1,301,755.73
Real Estate Taxes 1939
2.82
Real Estate Taxes 1941
2.36
Trust Fund Income
56.46
Real Estate Taxes 1942
2.28
Perpetual Care Funds Income
956.03
Real Estate Taxes 1943
2.10
Income on Post War Rehabilitation Fund
1,625.00
Real Estate Taxes 1944
2.08
Excise Tax Revenue
22,538.41
Real Estate Taxes 1950
414.70
Departmental Revenue
88,660.34
Real Estate Taxes 1951
10,711.84
Special Assessment Revenue
6,639.15
Real Estate Taxes 1952
55,684.80
$ 66,822.98
Personal Property Tax 1951
$ 1,228.90
Personal Property Tax 1952
3,077.50
$ 4,306.40
Poll Tax 1950
$ 10.00
Poll Tax 1951
38.00
Poll Tax 1952
24.00
$ 72.00
Excise Taxes 1949
$ 33.06
Excise Taxes 1950
105.33
Excise Taxes 1951
1,696.08
Excise Taxes 1952
20,703.94
$ 22,538.41
262
TOWN
OF
WAKEFIELD
LIABILITIES
Reserve for State and County Aid Highways 3,000.00 Premium on Notes and Bonds 16.46
Sewer Connection Deposits 8,181.02
Betterments 1951 Betterments 1952
$ 199.66 1,535.00
$ 1,734.66
Sewers 1951
$
770.99
Sewers 1952
247.27
$
1,018.26
Moth Assessment 1951
$
13.00
Sewer Assessments Not Apportioned
$ 127.51
Betterment Assessment Not Apportioned
$ 2,837.20
Committed Interest 1951
$ 170.06
Committed Interest 1952
738.46
$ 908.52
Tax Collector-Petty Cash
100.00
Civilian Defense-Petty Cash 25.00
Reserve for Petty Cash Advances $ 525.00 Reserve for Petty Cash School Lunch Fund 300.00
School Lunch Fund-Petty Cash
300.00
School Athletic Fund-Petty Cash 600.00
Reserve for Petty Cash School Athletic Fund 600.00
Light Department Petty Cash 400.00
$ 1,425.00
$ 1,425.00
Tax Titles
$ 46,548.29
Tax Title Revenue
$ 46,548.29
Accounts Receivable :
Health Department
$ 4,161.69
Welfare Department
4,289.37
Old Age Assistance
53,735.53
Aid to Dependent Children
3,672.58
Disability Assistance
286.30
Disability Assistance Adm.
224.44
School Department
17,847.76
Veterans' Benefits
4,304.46
Veterans' Burials
138.21
$ 88,660.34
141ST
ANNUAL REPORT
263
State Aid Highways
$
4,575.83 2,287.94
$ 6,863.77
Water Rates
$ 2,020.99
Water Services
1,058.79
$ 3,079.78
Water Revenue Municipal Light Revenue
3,079.78 56,293.99
Special Cash-Municipal Light Guarantees
$ 44,872.29
.
Overlay:
Overlay 1951
2,134.11
1949
$ 72.72
Overlay 1952
830.71
1950
137.70
Overlay Surplus-Reserve Fund
6,505.06
$ 210.42
Excess and Deficiency
429,779.41
Sewer Assessments Apportioned:
Due in 1953
$ 11,491.45
Due in 1954
9,563.51
Due in 1955
9,343.52
Due in 1956
8,992.85
Due in 1957
8,140.34
Due in 1958
7,385.55
Due in 1959
5,889.75
Due in 1960
5,884.15
Due in 1961
4,625.51
Due in 1962
2,962.17
$ 74,278.80
Betterment Assessments Apportioned $119,425.35
Betterment Assessments Apportioned :
Due in 1953
$ 15,428.39
Due in 1954
15,391.68
Due in 1955
14,755.28
Due in 1956
14,510.88
Due in 1957
14,379.94
264
TOWN OF WAKEFIELD
Sewer Assessments Apportioned $ 74,278.80
Light Department Bills
$ 56,293.99
County Aid Highways
Due in 1958
14,354.01
Due in 1959
13,584.76
Due in 1960
9,500.09
Due in 1961
5,144.26
Due in 1962
2,376.06
$119,425.35
Tax Title Possessions Revenue
$ 43,023.49
Sale of Real Estate
11,976.00
Sales of Lots and Graves
1,984.00
Perpetual Care Bequests
415.00
Partial Payments-Sale of Lots
80.00
Partial Payments-Perpetual Care
85.00
Welfare-General Relief Recovery
781.30
Old Age Assistance Recovery
1,374.77
Municipal Light Guarantee Deposits
44,872.29
Legal - Other Expense
4,520.97
Police Department-Building Equipment
274.00
Police Department-New Boat House
2,305.00
Fire Department-Other Expense
460.29
Civil Defense-1951
222.66
Civil Defense-1952
746.34
Sealer of Weights and Measures-Fire Loss
518.61
Health Department-Other Expense
227.01
Department of Public Works:
Sand Spreaders
$ 914.00
Road Machinery Fund
744.03
New Equipment 1952
5,161.38
Police Station Lavatories
389.37
Chap. 90 Main Street 1951
41.03
Chap. 90 Main Street 1952
7,660.46
265
141ST ANNUAL REPORT
Tax Title Possessions
$ 43,023.49
Sidewalks and Curbing, Vernon Street
668.90
Rebuilding and Resurfacing Sidewalks 1952 2,265.48
Replacing Curbing, Various Streets 1951 943.02
Replacing Curbing, Various Streets 1952
1,278.40
Special Drainage 1951
2,423.20
Special Drainage 1952
6,909.55
Foster's Lane Construction
629.73
Linden and Cooper Streets Bridges
435.50
Barriers Quannapowitt Boulevard
131.87
Water Division-
Other Expense 1952
221.40
Sewers 1951
14.63
Sewerage Survey
9,944.59
Sewer Lowell Street-Pine Hill Circle
5,581.29
Welfare Unpaid Bills-General Relief 1950
287.21
Welfare Unpaid Bills-General Relief 1952
7.84
Disability Assistance
202.90
Disability Assistance Federal Funds
910.44
Disability Assistance Adm. Federal Funds
122.82
Aid to Dependent Children
1,214.66
Aid to Dependent Children Federal Funds
1,836.56
Aid to Dependent Children Federal Funds Adm.
257.15
Old Age Assistance
10,148.15
Old Age Assistance Federal Funds
4,760.53
Old Age Assistance Federal Funds Adm.
370.53
Willard Donnell Trust Fund
352.66
School Department-Athletic Fund
2,724.33
High School Addition-Plans
143.88
High School Planning Committee
2,734.68
Elementary School Planning Committee
1,520.62
(266
TOWN
OF
WAKEFIELD
School Department-School Lunch Fund $ 663.17
Western Avenue School
10,955.66
Montrose School Repairs
2,319.65
School Department Land Taking
50.00
Wage, Hour and Classification Committee Exp. 2,000.00
Purchase Land Metropolitan District Commission 1.00
Dog Licenses
32.20
County Tax
9,894.47
Middlesex County Hospital
548.72
Metropolitan Charges-Charles River
1,178.92
Metropolitan Parks Loans
764.51
Metropolitan Sewerage Loans North System
2,081.62
Smoke Inspection
50.53
Joseph DeRenne-Perpetual Care Fund
100.00
Park Dept. Hall Property Improvements
375.00
Repairs to Town Hall
500.00
Town Hall Insurance Damage
47,120.79
Town Hall Study Committee
200.00
Land for Elm Street Traffic Circle
1.00
Blue Cross Deductions
972.47
Federal Tax Deductions
15,246.07
Teachers' Retirement Deductions
2,072.67
Municipal Light Department:
Operation Fund
$ 95,503.32
Depreciation Fund
25,951.02
Fire Alarm, Police Signal
733.08
$122,187.42
$ 1,313,445.59
Total Revenue Bond Issues-Non Revenue Cash: Highway Const. Bond Issue No. 2 $ 2,274.88
267
141ST ANNUAL REPORT
Under Estimates-State and County Charges: Metropolitan Parks and Reservations Contributory Retirement System
$ 1,478.76 1,081.82
-
Highway Spec. Bond Issue Transfer 1,270.98
Street Construction 1951 4,023.28
Lowell Street School Const. 165,550.80
Western Avenue School Const. 101,155.62
High School Building Loan 62,950.00
High School Site Loan
.53,500.00
Water Supply Addition
295.96
Water and Sewer Power Shovel
1,433.94
Sewer Construction 1948
1,773.48
Sewer Construction 1949
10,577.50
Sewer Construction 1950
744.04
Sewer Construction 1951
39,487.63
Sewers for Drainage 1948
24,954.35
Sewers for Drainage 1949
489.37
Sewer Construction Lowell St .-
Pine Hill Circle
4,032.21
Hurd School Addition
11.41
Water Construction
35,573.35
Light Department Construction
66,495.55
$576,594.35
Grand Total
$ 1,890,039.94
$ 1,890,039.94
268
TOWN OF WAKEFIELD
1952 Indebtedness Account
Outstanding January 1, 1952 Bonds Issued 1952 Payments 1952 Outstanding December 31, 1952
$ 1,915,000.00 261,000.00
159,000.00 2,017,000.00
$ 2,176,000.00
$ 2,176,000.00
RECAPITULATION
Sewers
$ 474,000.00
Highways
157,000.00
Water
301,000.00
Schools
850,000.00
Highway Building and Police Station Loan
60,000.00
Police Station Loan 1949
85,000.00
Municipal Light Construction Loan 1952
90,000.00
$ 2,017,000.00
INDEBTEDNESS ACCOUNT-DUE 1953 TO 1973 INCLUSIVE
Loans Outstanding Dec. 31, 1952
Due
Due
Due
Due
Due
Due
Dụe
Due
Due 1961
Due 1962
Due 1964
Due 1965
Due 1966
Due 1967
Due 1968
Due 1969
Due
Due
Due
Due
Sewer Loan 1947
3,000.00
3,000.00
7,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
Sewer Loan 1949
216,000.00
13,000.00
13,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
$ 10,00.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00
Sewer Loan 1950
51,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
3,000.00
Sewer Loan 1951
53,000.00
5,000.00
5,000.00
5,000.00
5,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
Street Loan 1948-First Issue
3,000.00
3,000.00
18,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
3,000.00
5,000.00
Street Construction 1950
25,000.00
4,000.00
3,000.00
3,000.00
3,000,00
3,000.00
3,000.00
3,000.00
3,000.00
Street Construction Loan 1951
36,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00 6,000.00
Police Station Loan 1949
85,000.00
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
5,000.00
5,000.00
5,000.00
Hurd School Building Loan 1948
180,000.00
15,000.00
15,000.00
15,000.00
15,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
10,000.00
28,000.00
25,000.00
High School Building Loan 1952
123,000.00
9,000.00
9,000.00
9,000.00
8,000.00
6,000.00
6,000.00
6,000.00
30,000.00 6,000.00
28,000.00 6,000.00
6,000.00
6,000.00
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 Relaying Loan 1939
5,000.00
3,000.00
2,000.00
Water Loan 1946
24,000.00
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
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
5,000.00
Water Mains Loan 1949
60,000.00
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
Water Loan 1950
86,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
Water Loan 1951
27,000.00
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
Water and Sewer Loan 1948
4,000.00
4,000.00
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
5,000.00
5,000.00
5,000.00
Water Construction Loan 1952
48,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
4,000.00
$ 2,017,000.00 $174,000.00 $158,000.00 $151,000.00 $150,000.00 $132,000.00 $132,000.00 $129,000.00 $123,000.00 $117,000.00 $101,000.00
$ 95,000.00
$ 95,000.00 $ 82,000.00 $ 73,000.00 $ 70,000.00 $ 65,000.00
$ 55,000.00 $ 50,000.00 $ 40,000.00 $ 15,000.00 $ 10,000.00
$
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
$ 5,000.00
$ 3,000.00
$ 3,000.00
Sewer Loan 1946
$ 74,000.00
$ 6,000.00
1953
1954
1955
1956
1957
1958
1959
1960
1970
1971
1972
1973
Street Loan 1947
36,000.00
9,000.00
9,000.00
9,000.00
9,000.00
Street Loan 1949
39,000.00
7,000.00
7,000.00
5,000.00
5,000.00
5,000.00
5,000.00
Highway Building and Police Station Loan
60,000.00
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
School Loan 1951
547,000.00
30,000.00
30,000.00
30,000.00
30,000.00
30,000.00
30,000.00
30,000.00
10,000.00 30,000.00 6,000.00
28,000.00
28,000.00
28,000.00
28,000.00
28,000.00
28,000.00
28,000.00
Water Mains Loan 1948
45,000.00
Municipal Light Construction Loan 1952
90,000.00
5,000.00
5,000.00
Due
1963
Sewer Loan 1948
77,000.00
Street Loan 1948-Second Issue
$ 6,000.00
SUPPLEMENTARY BALANCE SHEET TRUST AND INVESTMENT FUNDS
Cash on Hand, December 31, 1952
$160,049.62
Sweetser Lecture Fund
$ 10,098.45
Sweetser Lecture Guarantee Fund
3,583.82
Jonathan Nichols Temperance Fund
1,809.66
Forest Glade Cemetery Funds
40,740.00
Post War Rehabilitation Fund
65,000.00
Library Trust Funds
16,389.26
Park Trust Funds
5,708.16
Old Cemetery Trust Funds
6,871.97
School and Scholarship Funds
9,848.30
$160,049.62
$160,049.62
SUPPLEMENTARY BALANCE SHEET
RETIREMENT SYSTEM FUNDS-CASH AND SECURITIES
Balance, January 1, 1952
$262,342.41 38,041.93
Payments:
Pensions and Annuities
$ 67,680.94
Administrative Expense
3,644.78
For Pensions
$ 52,574.00
Refunds - Members' Deductions
7,146.93
Members Military Service
536.32
Transfers to Other Systems
25.09
Expense Fund
3,604.80
Balance December 31, 1952
286,172.58
$ 56,715.12
Increase in Market Value of Bank Stock
$ 604.00
Investment Income
6,966.86
$364,670.32
269
141ST
ANNUAL REPORT
$364,670.32
Transfers from Payroll Deductions
From Town Appropriations:
270
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 follows:
General Funds-on deposit in:
Wakefield Trust Company $540,135.15
Second National Bank of Boston 751,927.76
Cash in hands of Treasurer not deposited
until January 1953 9,692.82
Total December 31, 1952 $ 1,301,755.73
Trust Funds have been checked by examination of Savings Bank de- posit 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 $ 65,000.00
Funds of the Contributory Retirement System have been checked by examination of Cooperative Bank books, securities, and the statement of the Wakefield Trust Company covering the checking account, and have been found to be in agreement with the Town Accountant's books.
Funds are invested as follows:
Wakefield Savings Bank $ 15,220.34 10,224.58
Melrose Savings Bank
Malden Savings Bank
15,501.35
Cambridge Savings Bank 5,000.00
$ 45,946.27
Co-operative Banks - Serial Shares including accrued interest
$130,575.90 70,000.00
United States War Bonds 21/2 % Series G.
100 shares First National Bank of Boston $ 5,200.00
100 shares National Shawmut Bank of Boston 3,400.00
8,600.00
Wakefield Trust Company-Checking Account $ 36,914.63
Check for Payroll Deductions in hands of Treasurer not deposited until Jan. 1953 1,211.16
Accrued Interest on Bonds 500.00
$ 38,625.79
Total December 31, 1952
$293,747.96
All cancelled, permanent and temporary loans paid during the year by the Treasurer have been examined and found to be as reported.
I wish to express my appreciation to the Honorable Board of Selectmen and to all other officers and employees who have cooperated in carrying on the financial administration as designed by the Accounting Department.
Respectfully submitted, JOHN J. MCCARTHY, Town Accountant
271
141ST ANNUAL REPORT
Index to Town Officers' Reports
Page
General Government:
Appeals Board
12
Assessors' Board
10
Contributory Retirement Board 13
Planning Board
12
Selectmen's Report
6
Sweetser Lecture Committee
15
Town Clerk
8
Town Officers
3
Protection of Persons and Property :
Animal Inspector
27
Building Inspector
24
Civil Defense Director
28
Dog Officer
27
Fire Department
21
Forest Warden
24
Plumbing Inspector
26
Police Department
16
Sealer of Weights and Measures
28
Wire Inspector
25
Health and Welfare:
Health Department
30
Milk and Food Inspector
31
Recreation Commission
36
Veterans' Services and Benefits 35
Welfare Department
32
Maintenance:
Board of Public Works
38
Director of Public Works Report
39
Engineering Division
40
Highway Division
47
Moth and Tree Division
40
Park and Cemetery Division
41
Sewer Division
42
Water Division
42
Education :
Library Trustees
91
School Department
53
Public Service Enterprises:
Municipal Light Department
99
272
TOWN OF WAKEFIELD
General Government, Technical Reports:
Births
177
Deaths
199
Dog Licenses 170
Election Results
152
Jurors
172
Marriages 188
Sporting Licenses 171
Town Meetings 106
Town Meetings, Special
144, 145, 151
Treasurer's Report, Trust Funds
204
Index to Town Accountant's Report
-
Page
Analyses of Light Department Account
252
Balance Sheet
262
Excess and Deficiency
253
Indebtedness Account-Insert following
269
Payments
230
Accounting Department
230
Agency and Trust
243, 252
Assessors' Department
231
Board of Public Works
245
Buildings
245
Cemetery Division
249
Highway Division
248
Moth and Tree Division
250
Park Division
249
Sewer Division
250 250
Bond Premium
251
Building Inspector
234
Civil Defense
235 231
Collector's Department
Compensation
235
Dog Officer
235
Election Expense
231
Election and Registration
231 233
Fire Department
Health Department
235, 236
Interest
251
Legal Department
230
Library
241
Light Department
243
Maturing Debt
251
Miscellaneous
242
Water Division
273
141ST ANNUAL REPORT
Plumbing Inspector
234
Police Department
232
Recreation
242 251
Refunds
School Department
237
Sealer of Weights and Measures
234
Selectmen's Department
230
Town Clerk's Department
231
Treasurer's Department
230
Veterans' Benefits and Services
236 235
Welfare Department
Wire Inspector
234
Receipts for 1952
226
Appeals Board
227
Agency and Trust
Board of Public Works
Highway Division
Cemetery Division
Park Division
Sewer Division
Water Division
Bond Interest
Bond Premiums
Building Inspector
Collector
Commonwealth of Massachusetts
County
Federal Funds
Fire Department
General Loans
Health Department
Infirmary
Interest
Library
Licenses and Permits
Light Department
Motor Vehicle Excises
Old Age Assistance
Petty Cash
Plumbing Inspector
Police Department
Refunds
School Department
227
Sealer of Weights and Measures
227
Special Assessments
226
Taxes-current year
226
Taxes-prior years
226
Town Clerk 227
Trust Funds
229
Veterans' Services and Benefits
227
229 228 228 229 229 229 228 229 229 227 227
228 228 227 227 229 227 227 229
228 226 228 226 227 230 227 227 230
274
TOWN OF WAKEFIELD
Receipts - Continued
Welfare Department
227
Wire Inspector
227
Reserve Fund 253
Statement of Appropriations and Expenditures
254
Supplementary Balance Sheet 269
Town Accountant's Summary
270
129337
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