USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1957 > Part 19
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TOWN OF WAKEFIELD
250
Sewers for Drainage-1948
Art. 15
Town of Wakefield
BALANCE SHEET, DECEMBER 31, 1957
ASSETS
Revenue Cash
$1,224,967.26 276,696.57
Excess and Deficiency
$
631,782.49
Real Estate Tax 1956
10,834.42
Real Estate Tax 1957
52,504.76
Income on Trust Funds 15.68
Perpetual Care Funds Income, Forest Glade Cem. 1,673.15
Personal Property Tax 1955
$ 153.92
Personal Property Tax 1956
18.48
Personal Property Tax 1957
2,180.97
Temporary Loans
67,000.00
$ 2,353.37
Poll Tax 1953
$ 2.00
Poll Tax 1954
2.00
Poll Tax 1955
8.00
Poll Tax 1956
36.00
Poll Tax 1957
250.00
Excise Tax 1954
$ 208.09
Excise Tax 1955
451.97
Excise Tax 1956
3,277.09
Excise Tax 1957
28,410.61
Excise Tax Revenue
$ 32,347.76
251
146TH ANNUAL REPORT
$ 32,347.76
LIABILITIES
Non Revenue Cash
$1,501,663.83
Premium on Notes and Bonds 1,026.15
Sewer Connection Deposits 1,984.50
$ 63,339.18
Income on Post War Rehabilitation Fund 3,823.16
Sale of Real Estate 21,961.00
$ 298.00
Betterments 1956 Betterments 1957
$ 77.08 605.57
$ 682.65
Sewers 1956
$
99.45
Sewers 1957
2,827.38
$ 2,926.83
Sewers Not Apportioned
$
42,681.50
Committed Interest 1956
$
37.94
Committed Interest 1957
492.61
Special Assessment Revenue
$ 46,821.53
Overlay 1955
$ 163.92
Overlays 1931 to 1952 inc.
$ 1,661.95
Overlay 1956
2,603.72
Overlay 1953
$
9.83
Overlay 1957
794.70
Overlay 1954
$
87.30
Overlay Surplus
13,487.72
Tax Collector-Petty Cash $ 100.00
School Athletic Fund-Petty Cash 800.00
School Lunch Fund-Petty Cash 225.00
Light Department-Petty Cash
500.00
Reserve for Petty Cash Advances $ 1,625.00
Tax Titles
$ 17,717.69
Tax Title Revenue $ 17,717.69
Accounts Receivable:
Health Department
$ 5,735.40
Welfare-Temporary Aid
3,524.63
Aid Dependent Children 3,001.98
School Department 33,927.49
$ 46,189.50
State Aid Highways 1956 €A 415.17
State Aid Highways 1957
9,711.03
$ 10,126.20
Accounts Receivable-Old Age Assistance $ 2,117.87 Departmental Revenue $ 44,071.63
252
TOWN OF WAKEFIELD
$ 1,625.00
530.55
.
County Aid Highways 1956 $ 138.39 8,500.00
County Aid Highways 1957
$ 8,638.39
Water Rates
$ 13,121.65
Water Services
1,718.78
Water Revenue
$ 14,840.43
Municipal Light Revenue
$ 87,933.71
Municipal Light Guarantee Deposits $ 34,101.64
Special Cash-Municipal Light Guarantee
$ 34,101.64
Sewer Assessments Apportioned:
Due in 1952
$ 288.10
Due in 1953
288.10
Due in 1956
24.93
Due in 1958
23,658.92
Due in 1959
16,831.09
Due in 1960
16,580.94
Due in 1961
15,500.75
Due in 1962
13,375.86
Due in 1963
11,396.67
Due in 1964
9,406.22
Due in 1965
8,470.97
Due in 1966
8,453.97
Due in 1967
3,438.56
$ 127,715.08
Apportioned Betterm't Assessments Not Due $ 114,244.68
Betterment Assessments Apportioned:
Due in 1958
$ 17,957.94
Due in 1959
17,401.80
Due in 1960
14,179.91
Due in 1961
10,953.19
Due in 1962
8,660.98
Due in 1963
6,842.15
253
146TH ANNUAL REPORT
$ 14,840.43
Municipal Light Bills
$
87,933.71
Apportioned Sewer Assessments Not Due
$ 127,715.08
Due in 1964
6,310.23
Due in 1965
4,399.77
Due in 1966
4,296.44
Due in 1967
3,218.28
Due in 1968
2,674.77
Due in 1969
2,674.67
Due in 1970
2,510.20
Due in 1971
2,510.40
Due in 1972
2,380.46
Due in 1973
2,300.03
Due in 1974
2,299.57
Due in 1975
1,069.43
Due in 1976
1,027.09
Due in 1977
577.37
Tax Title Possessions
$ 37,208.28
Tax Title Possessions Revenue
$ 37,208.28
Excess Cash-Land of Low Value Sale
18.01
Sale of Tax Possessions
75.00
Sale of Lots and Graves
4,896.00
Perpetual Care Bequests-Cemetery
765.00
Partial Payments-Sale of Lots-Cemetery
80.00
Partial Payments-Perpetual Care Cemetery
85.00
Old Age Assistance-Recovery
7,974.83
County Tax
7,204.49
Blue Cross Deductions
1,603.82
Middlesex County Hospital Tax
3,370.26
Federal Tax Deductions
25,042.07
Metropolitan Sewer Loan-North System
446.01
Teachers' Retirement Deductions
4,448.81
Metropolitan Parks Reservations
1,243.87
General Appropriation Balances
530,705.94
Total Revenue
$1,883,999.84
254
TOWN OF WAKEFIELD
Dog Licenses from Town Clerk
741.40
State Charges-Smoke Inspection
10.90
$ 114,244.68
Bond Issue-Non-Revenue Cash:
Emergency Pump and Filtration Plant $ 439.85 Highway Dept .- Special Bond Issue Transfer 1,270.98
Construction Public Ways 1955-Bond Issue 101.71
Construction Public Ways
Bond Issue No. 2 2,274.88
Union Street Construction- Bond Transfer 77.61
Construction Public Ways-
Bond Issue Transfer 1956 2,680.03
Water Supply Addition- Construction of Wells and Pumping Station 295.96
1957 Water Construction Bond Issue 34,062.24
Sewer Construction 1957- Bond Issue Transfer 23,642.25
1955 Sewer Construction
Bond Issue Transfer 5,520.03
Mary E. Walton School Addition 1,103.70
High School Addition- Bond Issue 11.41
Lowell Street-School Construction 145.76
146TH ANNUAL REPORT
255
High School Bldg. Const. Bond Issue 1953-No. 2 8,927.26 High School Site- Bond Issue 636.78
Montrose School Addition- Bond Issue Dolbeare School Addition- Bond Issue 95,075.16
100,430.96
$ 276,696.57
$2,160,696.41
$2,160,696.41
SUPPLEMENTAL BALANCE SHEET
TRUST AND INVESTMENT FUNDS
Cash on Hand December 31, 1957
$ 128,274.87
Sweetser Lecture Fund
$ 11,039.50
Sweetser Lecture Guarantee Fund 4,159.12
Library Trust Funds
17,467.64
Jonathan Nichols Temperance Fund
2,058.56
Park Trust Funds
6,102.34
Old Cemetery Trust Funds
8,040.44
Willard Donnell Hospital Fund
10,805.42
School and Scholarship Funds
10,696.85
Forest Glade Cemetery Perpetual Care Funds
57,905.00
$ 128,274.87
$ 128,274.87
256
TOWN OF WAKEFIELD
1957 Indebtedness Account
Outstanding January 1, 1957 Bond Issue 1957 Payments Outstanding December 31, 1957
$ 3,661,000.00 570,000.00
$ 292,000.00 3,939,000.00
$ 4,231,000.00
$ 4,231,000.00
RECAPITULATION
Sewers
$ 716,000.00
Streets
128,000.00
Water
416,000.00
Light
65,000.00
Schools
2,524,000.00
Highway Building and Police Station Loan
90,000.00
Loans
Due
Due
Due
Due
Due
Due
Due
Due
Du
Du
Due
Due
Due
Due
Due 197
Due 1975
Due 1976
Du
Due
Due
Sewer Loan 1948
50,000.00
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
160.000.00
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 $ 10,000.00 $ 10,000.00
Sewer Loan 1950
31,000.00
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
30,000.00
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
123,000.00
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
58,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
6,000.00
4,000.00
3,000.00
3,000.00
Sewer Loan 1957
220,000.00
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
10,000.00
10,000.00
$ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00
Street Loan 1948 Second Issuc
3,000.00
3,000.00
Street Loan 1949
10,000.00
5,000.00
5,000.00
3,000.00
4,000.00
10,000.00
10,000.00
Street Construction Loan 1954
16,000.00
3,000.00
3,000.00
2,000.00
2,000.00
2,000.00
2,000.00
Street Construction Loan 1955
14,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
Water Mains Relaying Loan 1946
9,000.00
3,000.00
3,000,00
2,000.00
1,000.00
Water Mains Loan 1948
20,000.00
5,000.00
5,000.00
5,000.00
5,000.00
35,000.00
5,000,00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
Water Mains Loan 1950
51,000.00
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 Mains Loan 1951
12,000.00
3,000.00
3,000.00
3,000.00
3,000.00
4,000.00
4,000.00
4,000.00
4,000.00
30,000.00
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 Mains Loan 1955
21,000.00
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
2,000.00
1,000.00
Water Loan 1956
45,000.00
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
50,000.00
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
Emergency Pump & Filtration Plant
60,000.00
15,000,00
15,000.00
10,000.00
10,000.00
10,000.00
6,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
Hurd School Building Loan 1948
110,000.00
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
School Loan 1951
397,000.00
30,000.00
30,000.00
30,000.00
30,000.00
28,000.00
28,000.00
28,000.00
28,000.00
28,000.00
28,000.00
28,000.00
28,000.00
28,000.00
25,000.00
High School Building Site 1952
82.000.00
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
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
High School Construction 1953
800,000.00
50.000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
High School Construction Loan No. 2-1953
800,000.00
50.000.00
50.000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
50,000.00
School Loan 1955
95,000.00
6,000.00
6,000.01
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
5,000.00
5,000.00
5,000.00
5,000.00
Montrose School Addition 1957
120,000.00
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
120,000.00
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
65,000.00
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
$ 3,939,000.00 $339,000.00 $333,000.00
$321,000.00 $315,000.00 $299,000.00
$282,000.00
$267,000.00
$250,000.00
$239,000.00
$230,000.00
$219,000.00 $200,000.00
$165,000.00
$155,000.00
$130,000.00
$125,000.00
$ 15,000.00
$ 10,000.00
$ 10,000.00 $ 10,000.00
$ 10,000.00
1958
1959
1960
1961
1962
1964
1966
196
1968
1969
1970
197:
1972
1973
1977
197
1979
44,000.00
$ 6,000.00 $ 6,000.00
S 6,000.00
$ 5,000.00
$ 5,000.00
$ 5,000.00
$ 5,000.00
$ 3,000.00
$ 3,000.00
Sewer Loan 1946
Street Construction Loan 1950
Street Construction Loan 1951
16,000.00
Street Construction Loan 1953
60,000.00
10,000.00
10,000.00
10,000.00
10,000.00
Water Mains Loan 1949
Water Construction Loan 1952
28.000.00
4,000.00
4,000.00
4,000.00
Water Mains Relaying Loan 1954
55,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
5,000.00
Highway Building and Police Station Loan 1947
30,000.00
6.000.00
6,000.00
6,000.00
6,000.00
5,000.00
5,000.00
5,000.00
Police Station Loan 1949
60,000.00
5,000.00
5,000.00
3,000.00
4,000.00
4,000.00
9,000.00
3,000.00
4,000.00
2,000.00
Sewer Loan 1953
Sewer Loan 1955
Outstanding Dec. 31, 1957
Due 1963
Due 1965
$ 3,939,000.00
10,000.00
5,000.00
Dolbeare School Addition 1957
Municipal Light Construction Loan 1952
50,000.00 50,000.00
50,000.00
Water Construction Loan 1953
2,000.00
Water Mains Relaying Loan 1957
$ 15,000.00
TOWN OF WAKEFIELD SCHEDULE OF INDEBTEDNESS
DEC. 31
1950
1951
1952
1953
1954
1955
1956
1957
1958
$ 4,000,000
TOTAL
DEBT
3,200,000
1
SCHOOLS
1
2,400,000
1
1,600.000
1 TOTAL
B. P. W.
800,000
0
M.L. D.
CONSTR.
LOAN
1958 AUTHORIZED & ESTIMATED
-
-
.
RETIREMENT SYSTEM FUNDS-CASH AND SECURITIES
Balance January 1, 1957 Investment Income
15,404.42
Pensions and Annuities
$ 76,103.84
Employee Contributions
52,287.16
Administrative Expense
3,698.99
From Town Appropriations: Pensions
67,694.00
443.75
Expense Fund
3,793.00
Accrued Interest
45.83
Market Value Adjustment
364.00
Market Value Adjustment
2,508.27
Balance December 31, 1957
515,056.08
$ 607,080.62
$ 607,080.62
Respectfully submitted :
JOHN J. MCCARTHY Town Accountant
146TH ANNUAL REPORT
257
$ 467,538.04
Payments :
Refunds Members Deductions Interest
9,223.86
258
TOWN OF WAKEFIELD
Index of Town Officers' Reports
General Government:
Appeals Board
10
Assessors' Board
9
Contributory Retirement Board 12
Personnel Board
8
Planning Board
11
Selectmen's Report
5
Town
Clerk
90
Town Officers
2
Protection of Persons and Property :
Animal Inspector 21
Building Inspector
18
Civil Defense Director 23
Dog Officer
21
Fire Department
17
Forest Warden
17
Plumbing Inspector
20
Police Department
13
Sealer of Weights and Measures
22
Wire Inspector
19
Health and Welfare:
Health Department
24
Recreation Commission
31
Veterans' Services and Benefits 30
Welfare Department
25
Maintenance:
Board of Public Works
33
Engineering Division
34
Highway Division 41
Moth and Tree Division
35
Park and Cemetery Division
35, 36
Sewer Division
40
Water Division
36
Education:
Elementary School Planning Committee 32
Library Trustees
74
School Department 44
Public Service Enterprises:
Municipal Light Department
83
General Government, Technical Reports:
Births
158
Compensation Agent
194
Deaths
181
Dog Licenses
179
Election Results
152
Jurors
186
Marriages
169
Town Meetings, Annual 90, 107, 115, 118, 125, 135
Town Meetings, Special
139, 147, 149, 150, 154
Treasurer's Report
192
. . .
. .
. .
. .
.
.
.
.
.
259
146TH ANNUAL REPORT
Index of Town Accountant's Report
Accountant's Statement
195
Analyses of Light Department Account
230
Balance Sheet 251
Excess and Deficiency
230
Indebtedness Account
Insert following 256
Payments
203
Accounting Department
202
Agency and Trust
229
Animal Inspector
210
Appeals Board
207
Assessors Department
205
Board of Public Works
219
Administration
219
Buildings
220
Cemetery Division
224
Engineering
219
Highway Division
226
Garage & Equipment
220
Moth and Tree Division
222
Park Division
223
Sewer Division
225
Special Articles
228
Water Division
224
Building Inspector
209
Capital Outlay Committee
207
Cemetery Division
224
Civil Defense
211
Collector's Department
204
Compensation
211
Disability Assistance
212
Dependent Children, Aid
213
Donnell, Willard, Fund
207
Dog Officer
213
Election Expense
206
Election and Registration
206
Finance Committee
207
Fire Department
208
General Relief Admn.
212
Health Department
211
Infirmary
213
Interest and Maturing Debt
228
Legal Department
203
Library
216
Light Department
218
Old Age Assistance
213
Personnel Board
208
Planning Board
207
Plumbing Inspector
210
Police Department
207
Recreation
217
Refunds
229
School Department
214
Sealer of Weights and Measures
210
Selectmen's Department
. . . . . .
.
.
.
. . 202
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
. . .
.
.
.
.
.
260
TOWN OF WAKEFIELD
Street Lights
219
Temporary Loans
229
Town Clerk's Department
205
Treasurer's Department
203
Unclassified
217
Veterans' Benefits and Services
214
Water Bonds and Interest
229
Water Survey Committee
207
Welfare Department
212
Wire Inspector
209
Receipts for 1957 197
Agency and Trust
201
Board of Public Works
199
Cemetery Division
200
Park Division
199
Sewer Division
200
Water Division
200
Building Inspector
199
Collector
198
Commonwealth of Massachusetts
200
County
201
Federal Government
200
Fire Department
199
General Loans
201
Health Department
199
Interest
197
Library
199
Licenses and Permits
198
Light Department
200
Old Age Assistance
199
Plumbing Inspector
199
Police Department
198
Refunds
201
School Department
199
Sealer of Weights and Measures
199
Special Assessments
197
Taxes Current Year
197
Taxes - Prior Years,
197
Town Clerk
198
Trust Funds, Interest
197
Welfare Department 199
Wire Inspector
199
Reserve Fund 230
Retirement System Funds Statement 257
Statement of Appropriations and Expenditures 232
Supplementary Balance Sheet 256
218787
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