USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1958 > Part 13
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In this connection attention is directed to Section 4B, Chapter 40, Gen- eral Laws, which reads in part:
"Unless otherwise provided by by-law or special law in towns, no contract for the purchase of equipment, supplies or materials the actual or estimated cost of which amounts to one thousand dollars or more, except in cases or special emergency involving the health or safety of the people or their property, shall be awarded unless proposals for the same have been invited by advertisement in at least one newspaper published in the town.
and to Section 57, Chapter 41, General Laws, which specifies that the town accountant shall have the custody of all contracts.
Accordingly, it is recommended that no bill, to which the provisions of Section 4B, Chapter 40, General Laws, are applicable, be placed on a warrant for payment until the contract, together with a copy of the news- paper advertisement inviting the proposals, has been placed in the custody of the town accountant.
The books and accounts of the town treasurer were examined and checked in detail. The cash book footings were verified, and the receipts, as entered, were analyzed and compared with the town accountant's books, with the records in the several departments collecting money for the town, and with other sources from which money was paid into the town treasury. The recorded payments were checked with the selectmen's war- rants authorizing the disbursement of town funds and with the town accountant's books.
The cash balance on August 31, 1957 was proved by actual count of the cash in the office and by reconciliation of the bank balances with statements furnished by the banks of deposit.
It was noted that in some instances checks drawn by the treasurer are delivered to departments for distribution to the payees. It is recom- mended that all checks drawn by the treasurer be delivered directly to the payees by the treasurer or his duly appointed assistant, or mailed to the payees when personal delivery is impracticable, since no person other than the treasurer or his duly appointed assistant has the legal authority to make payments in behalf of the town.
The records of payroll deductions on account of Federal taxes, Blue Cross and Blue Shield, the contributory retirement system, and the teachers' retirement system were checked and reconciled with the ledger controlling accounts.
The payments on account of maturing debt and interest were verified by comparison with the amounts falling due and with the cancelled secur- ities and coupons on file. The outstanding coupons on August 31, 1957 were listed and reconciled with a statement furnished by the bank of deposit.
The savings bank books and securities representing the investments of the several trust and retirement funds in the custody of the town treas- urer, the library trustees and the Wakefield Trust Company as trustee,
167
147TH ANNUAL REPORT
were examined and listed. The income was proved, and all transac- tions and balances were verified and compared with the books of the town treasurer and the town accountant, and, in the case of the retirement funds, with the books of the retirement board.
The records of tax titles and tax possessions held by the town were examined and checked. The amounts added to the tax title account were compared with the tax collector's records, the reported redemptions and sales were checked with the treasurer's cash book, and the abatements and foreclosures were verified. The tax titles and tax possessions on hand were listed, reconciled with the ledger controlling accounts, and checked with the records at the Registry of Deeds.
The books and accounts of the tax collector were examined and checked in detail. The taxes, excise, and assessments outstanding at the time of the previous audit, as well as all subsequent commitments, were audited and checked with the warrants for their collection. The recorded collec- tions were checked with the payments to the treasurer, the recorded abate- ments were compared with the assessors' records of abatements granted, and the outstanding accounts were listed and proved with the respective controlling accounts in the town accountant's ledger.
The records of assessments apportioned were audited and the appor- tioned assessments not due were listed and proved with the town account- ant's ledger accounts.
The records of departmental and water accounts receivable were ex- amined and checked. The commitments were verified, the recorded col- lections were checked with the payments to the treasurer, the abatements, as recorded, were compared with the departmental records of abatements granted, and the outstanding accounts were listed, checked with the avail- able records in the several departments, and reconciled with the respective controlling accounts in the town accountant's ledger.
The books and accounts of the municipal light department were audited. The consumers' accounts were examined, and the outstanding gas, electric, and sundry accounts receivable were listed and proved with the depart- mental controlling accounts and with the town accountant's ledger. The departmental controlling accounts were analyzed and checked with the town ledger accounts, and the recorded collections were proved with the town treasurer's and the town accountant's books. The departmental ledger was examined, and a trial balance was taken off proving the accounts to be in balance.
The electric light guarantee deposit account was checked with the records on file, and the balance on September 30, 1957 was reconciled with the cash in the banks.
Further verification of the outstanding tax, excise, assessment, de- partmental, municipal light, and water accounts was made by mailing notices to a large number of persons whose names appeared on the books as owing money to the town, the replies received thereto indicating that the accounts, as listed, are correct.
The financial records of the town clerk were examined and checked in detail. The recorded receipts on account of dog and sporting licenses issued, and from marriage intentions, recording fees, and miscellaneous charges were verified and compared with the payments to the town treas-
168
TOWN OF WAKEFIELD
urer and to the State. The cash book was added, and the cash balance on August 31, 1957 was verified by actual count of the cash in the office.
The surety bonds on file for the several town officials required by law to furnish such surety were examined and found to be in proper form.
The records of departmental cash collections by the board of select- men, the sealer of weights and measures, and the inspectors of buildings, wires, milk, and plumbing, as well as by the police, fire, health, school, and library departments and by all other departments in which money was collected for the town, were examined and checked. The recorded collections were compared with the payments to the treasurer, and the cash on hand in the several departments, including petty cash advances, was proved by actual count.
The records of guarantee deposits for sewer connections were examined. The recorded deposits, the transfers to the town to cover the cost of work done, and the amounts refunded to depositors were verified and proved with the treasurer's and the town accountant's books. The deposits on hand on August 31, 1957 were listed and reconciled with the cash in the general treasury.
Appended to this report, in addition to the balance sheet, are tables showing reconciliations of the town treasurer's and the town clerk's cash, summaries of the tax, excise, assessment, tax title, tax possession, depart- mental, municipal light, and water accounts, as well as schedules showing the condition and transactions of the trust and retirement funds.
During the progress of the audit cooperation was extended by all the town officials, for which, on behalf of my assistants and for myself, I wish to express appreciation.
Respectfully submitted,
WILLIAM SCHWARTZ,
Assistant Director of Accounts
Report of Contributory Retirement Board
For the year ending December 31, 1958
There were 57 retired recipients or their beneficiaries receiving pay- ment from the Contributory Retirement System during the year 1958.
Seven pensioners received disability benefits, five beneficiaries received accidental death benefits, three beneficiaries received survivor benefits and forty-two pensioners received regular superannuation retirement benefits. Of these pensioners thirty-four were over 70 years of age. Seven pensioners passed away during the year and one dependency allotment was cancelled as all children had become of age.
The total payments amounted to $83,114.47, of which, $73,561.72 was paid from the Pension Accumulation Fund and $9,462.75 was paid from the Annuity Savings Fund.
Employee contributions to the Annuity Savings Fund amounted to $59,363.88 during the year.
The following is an analysis of the retired and active employees during the five year period from 1954 through 1958. (Exclusive of School Teachers.)
169
147TH ANNUAL REPORT
Year
1954
1955
1956
1957
1958
Active Employees
286
305
309
303
338
Retired Employees
52
55
53
57
57
338
360
362
360
395
Contributory Retirement System - Dec. 31, 1958 Before Closing
*Investment Bonds
$296,291.71
*Investment Stocks
71,441.13
Cash
24,702.87
Savings Bank Deposits
86,446.27
Paid-up Cooperative Shares
114,000.00
Accrued Interest on Bonds
1,874.57
Annuity Savings Bonds
$383,633.28
Annuity Reserve Fund
83,021.57
Special Fund for Military Service
7,223.93
Pension Fund
132,088.66
Expense Fund
4,606.68
Deductions Group "A"
38,095.33
Deductions Group "B"
21,268.55
Refund of Deductions Group "A"
3,699.24
Refund of Deductions Group "B"
304.68
Annuities Paid
9,462.75
Pensions Paid
73,651.72
Expenses Paid
4,590.66
Investment Income
16,527.60
$686,465.60
$686,465.60
*These figures are subject to market value adjustment by the Committee of Insurance Commissioners.
Respectfully submitted,
ERVINE LAUGHTON, Chairman
JOHN J. MCCARTHY, Secretary WILLIAM D. SCOTT Wakefield Contributory Retirement System December 31, 1958 Investments
PUBLIC UTILITY BONDS
$161,095.43
TELEPHONE BONDS
40,071.28
INDUSTRIAL BONDS
10,125.00
INTERNATIONAL BANK AND RECON-
STRUCTION DEVELOPMENT BONDS
5,000.00
U. S. GOVERNMENT BONDS
80,000.00
*Total Bonds
$296,291.71
*BANK STOCK
$ 71,441.13
SAVINGS BANKS
86,446.27
COOPERATIVE BANKS - Paid-up Shares
114,000.00
TOTAL INVESTMENTS
$568,179.11
*Subject to market value adjustment.
170
TOWN OF WAKEFIELD
Report of Town Treasurer
TRUST FUNDS
The Trust Funds and available income balances now in the hands of the Treasurer are as follows:
Principal of fund
Income Available
Cornelius Sweetser Funds
$ 10,000.00
$ 354.70
C. Sweetser Guarantee Fund
552.00
136.25
Flint Old Burial Ground Fund
2,000.00
82.12
Levi Flanders Burial Lot Fund
100.00
4.09
Dr. John Hart Burial Lot Fund
200.00
8.48
Gad and Clarissa Chandler Carter Burial Lot Fund
200.00
8.13
Adams Coburn Burial Lot Fund
100.00
4.21
Ezra W. Eaton Burial Lot Fund
100.00
3.70
Rev. Thomas A. Emerson Old Cemetery Fund
1,000.00
39.72
Harry E. Haskell Old Cemetery Fund
100.00
4.27
Oliver Burial Lot Fund
50.00
2.13
Stimpson Family Burial Lot Fund
200.00
8.11
Clarissa E. Swain Burial Lot Fund
500.00
20.25
Elizabeth Stout Burial Lot Fund C. Sweetser Burial Lot Fund
1,000.00
39.73
John Sweetser Old Cemetery Fund
200.00
8.51
Rev. Horace Eaton Burial Lot Fund
25.00
1.02
Jane K. Vinton Burial Lot Fund
50.00
2.00
Nathaniel Moses Fund Old Cemetery
200.00
6.86
James and Elizabeth Walton Perpetual Care Fund
100.00
4.07
M. P. Raynor Old Cemetery Fund
100.00
4.07
John Gould Aborn Library Fund
1,689.26
55.34
Cyrus G. Beebe Library Fund
2,000.00
60.45
Frederick Beebe Library Fund
1,000.00
32.88
Hiram Eaton Library Fund
1,000.00
32.76
Robert Parker Dolbeare Library Fund
500.00
16.39
Willard Donnell Library Fund
500.00
16.39
Milledge Elliot Library Fund
1,000.00
32.76
Rev. Thomas A. Emerson Library Fund
500.00
16.39
Flint Memorial Library Fund
1,000.00
32.88
Merrill W. Gove Library Fund
500.00
16.38
Melvin J. Hill Library Fund
500.00
16.39
Dr. Francis P. Hurd Library Fund
2,500.00
75.56
Franklin Poole Library Fund
500.00
16.44
Mary H. Pratt Library Fund Ashton H. Thayer Library Fund
500.00
16.39
Cyrus Wakefield Library Fund
500.00
16.44
Annie L. Cox Library Fund
2,000.00
65.52
Frank P. Wakefield Library Fund
1,000.00
35.31
Mary E. Aborn Park Fund
2,000.00
65.52
200.00
6.55
300.00
11.84
171
147TH ANNUAL REPORT
Sarah E. Bryant Park Fund
2,000.00
97.02
Nancy White Park Fund
1,000.00
30.23
Mary Lizzie Smith Fund for Care of Old Cannon on Common
100.00
4.63
Rev. Thomas A. Emerson High School Fund
1,000.00
85.23
Nancy White Hurd School Fund
500.00
23.86
Annie L. Cox Scholarship Fund for Italian Students
5,000.00
169.78
Elizabeth F. Ingram Fund - Scholarship
1,500.00
67.86
Annie L. Cox Prize for Advancement in Design Fund
100.00
4.00
Jonathan Nichols Temperance Fund
1,000.00
67.44
Williard Donnell Hospital Fund
9,791.99
280.98
Income from Perpetual Care Funds for care of lots in Forest Glade Cemetery
60,575.00
1,878.17
CASH ACCOUNT
Total receipts to January 1, 1959
Dr.
$
25,030,223.49
In account with Town of Wakefield
By Cash paid Selectmen's Warrants
Cr.
$ 23,430,317.37
Cash in Treasury
$ 1,599,906.12
$ 25,030,223.49
PAYMENTS ON PERMANENT DEBT
Maturing Debt paid as of 12/31/58
$ 270,000.00
Interest paid on Maturing Debt
83,642.02
FINAL STATEMENT
During the year 1959 the following loans will fall due and are to be included in the tax levy for 1959:
School Loan
$ 172,000.00
Street Bonds
31,000.00
Highway and Police Building Loan
11,000.00
Sewers
73,000.00
Lafayette Building Remodelling
10,000.00
$ 297,000.00
Gas and Electric Bonds
$
5,000.00
Maturing Water Bonds
102,000.00
$ 107,000.00
There will also be required the following amounts to meet the interest payments:
School Loan
$ 55,019.50
Street Bonds
2,921.00
Highway and Police Building Loan
1,312.50
Sewer Bonds
22,653.75
Lafayette Building Remodeling
787.50
Temporary Notes
3,000.00
$ 85,694.25
172
TOWN OF WAKEFIELD
Gas and Electric Bonds
$ 920.00
Water Bonds
19,945.75
Respectfully submitted,
PAUL LAZZARO,
Town Treasurer
Forty-fourth Annual Report of the Town Accountant
FOR THE YEAR ENDING DECEMBER 31, 1958
The total cash expenditure processed by the Town Accountant's Office amounted to $6,580,324.73 of which amount $340,895.07 was withheld and expended from employees wages for Federal Income Taxes, Blue Cross, Employees Group Life Insurance and Teachers' Retirement, $357,802.75 was expended on account of Maturing Debt and Interest, $67,000.00 was repaid on Temporary Loans in Anticipation of State and County Reim- bursement, and $50,000.00 was repaid on Temporary Loans in Anticipation of Bond Issue Proceeds.
The net cost of town services for the year 1958 was $5,664,229.31 which is offset by Government Grants and departmental refunds.
The total cash receipts amounted to $6,678,567.02 which indicates the necessity of serious control and consideration of this area of the financial program.
Indebtedness continues as an important consideration in the town's financial condition with the following additions during the year 1958, which are as follows:
Street Construction
$ 40,000.00
Sewer Construction
60,000.00
TOTAL
$100,000.00
The authorization for the incurrence of indebtedness in the amount of $100,000.00 has been exercised in the borrowing of $716,000.00 during the year 1958. The remaining balance $616,000 borrowed during 1958 was au- thorized in the years 1957 and 1956. The outstanding debt as of December 31, 1958 is $4,316,000.00.
SCHEDULE OF BONDED INDEBTEDNESS DECEMBER 31, 1958
Sewer
$ 869,000.00
Streets
138,000.00
Water
768,000.00
Light
60,000.00
School
2,352,000.00
Lafayette Building
50,000.00
Highway Buildings and Police Station
79,000.00
Total:
$ 4,316,000.00
$ 20,865.75
173
147TH ANNUAL REPORT
The operational and indebtedness cost of town services can be examined by the simple comparison with other immediately surrounding communities.
Per
Total
Tax
Cap.
Per Per Cap. Cap.
Community
Population
Valuation
Debt
Rate Valuation Cost Debt
Wakefield
22,115
55,659,025
4,316,000
42.80
2516
107.68
195
Melrose
29,239
51,094,300
240,000
63.60
1747
111.10
82
Reading
16,440
35,125,798
3,859,000
62.00
2136
132.43
234
Stoneham
15,871
27,638,525
2,703,000
66.00
1741
114.90
170
Natick
26,213
63,703,750
5,086,000
57.00
2430
138.51
194
Needham
21,560
68,306,996
6,140,000
55.00
3168
174.24
284
Dedham
21,450
44,854,200
4,978,000
58.80
2091
122.95
232
This method of comparison brings the tax rate and valuation variables together in the formation of a comparative per capita cost factor.
The records of the Treasurer have been examined and found to be in agreement with the Accountant's balances.
Cash balances have been verified and are distributed as follows:
General Funds on Deposit in:
Wakefield Trust Company
$ 1,360,018.74
Second Bank-State Street Trust Co.
96,105.68
Treasury Bills
139,057.80
Cash in Transit, Deposited January, 1959
4,723.90
$ 1,599,906.12
Trust Funds have been checked by examination of Securities, Savings Bank Accounts and Deposit Books.
Funds of the Contributory Retirement System have been verified by examination of Bank Books, Securities and the checking account balance was in agreement with the Accountant's balance.
Funds are invested as follows:
Savings Banks
$ 86,446.27
Co-operative Banks (Paid-up Shares)
114,000.00
Investment Stock
81,105.00
Public Utility Bonds
160,500.12
Telephone Bonds
40,057.53
Industrial Bonds
15,122.38
U. S. Treasury Bonds
20,000.00
U. S. Savings Bonds
60,000.00
$577,231.30
Wakefield Trust Company Checking Account
31,562.65
Cash in Transit, Deposited January, 1959
662.15
$609,456.10
All cancelled, permanent and temporary loans paid during the year by the Treasurer have been examined and found to be as reported.
JOHN J. MCCARTHY,
Town Accountant
174
TOWN OF WAKEFIELD
RESERVE FUND
Appropriation Transfer from Overlay Surplus
$ 16,512.28
13,487.72
Transfers voted to various departments by the Finance Committee during the year 1958 Transfer to Overlay Surplus
$ 19,825.80
10,174.20
$ 30,000.00
$ 30,000.00
EXCESS AND DEFICIENCY
Balance January 1, 1958
$631,782.49
Refunds Prior Years
331.27
Foreclosed Tax Title Land Sold
3,105.00
Tax Title Redemption
115.30
Tax Title Adjustments
64.03
Transfer Special Articles
4.00
Transfer from Revenue
118,505.63
Added to Tax Titles
$ 1,780.69
Tax Title Adjustment
19.97
Free Cash
75,000.00
Balance December 31, 1958
677,107.06
$753,907.72
$753,907.72
RECEIPTS FOR 1958 For the Year Ending December 31, 1958
From Taxes - Current Year:
Real Estate
$ 2,204,621.54
Personal
62,101.38
Poll
11,910.00
$ 2,278,632.92
Taxes - Prior Years:
Real Estate
$ 47,499.48
Personal
1,712.51
Poll
100.00
$ 49,311.99
Tax Title Redemptions
$ 18.46
Sale of Tax Title Land
3,105.00
Tax Title Interest
2.84
Tax Title Releases
3.00
Pro Forma Taxes
76.19
$
3,205.49
Special Assessments:
Sidewalks Apportioned
$ 17,418.98
Sidewalks Paid in Full
5,580.06
Sewers Apportioned
22,508.05
Sewers Unapportioned
5,890.72
Sewers Paid in Full
9,766.55
$ 61,164.36
175
147TH ANNUAL REPORT
Motor Vehicle Excise Taxes
Farm Animal Excise Tax
$ 303,152.44 28.38
$ 303,180.82
Interest:
On Taxes
$ 2,464.53
On Deferred Assessments
11,474.95
$ 13,939.48
Interest on Trust Funds:
Old Cemetery Funds
$ 137.44
Park Funds
95.75
Library Funds
6,276.27
School Funds
260.00
Forest Glade Cemetery Funds
1,878.17
Willard Donnell Trust Fund
65.00
$ 8,712.63
Court Fines
$
2,658.77
Board of Appeals
$ 520.00
Planning Board - Board of Survey
$ 22.00
Selectmen's Department - License and Permit Fees:
Liquor Package Goods Store
$ 5,000.00
Victuallers
175.00
Sunday
150.00
Motor Vehicle Dealer
375.00
Pin Ball Machines
260.00
Taxi
80.00
Dance
90.00
Pool and Bowling
40.00
Pedlar
5.00
Second Hand Dealer
20.00
Auctioneer
22.00
Gasoline
8.00
Junk
15.00
Lodging House
14.00
Employment Office
5.00
Ammunition
1.00
$ 6,260.00
Boiler Insurance - Police Station, Lafayette Building
$
359.33
Civil Defense
$ 240.00
Collector's Department:
Demand Costs
$ 1,295.20
Advertising Costs
17.40
Certificate of Liens
896.00
-
$ 2,208.60
Town Clerk's Department:
Marriage Licenses
$ 398.00
Dog Licenses
3,013.50
Fees on Dog Licenses
378.75
Sporting License Fees
219.00
176
TOWN OF WAKEFIELD
Recording Mortgages Other Fees
2,627.50 502.64
$ 7,139.39
Police Department: Ambulance Receipts All Other
$ 389.70
498.40
$
888.10
Fire Department
$ 483.25
Building Inspector
$
593.50
Wire Inspector
$ 1,573.60
Sealer Weights & Measures
$
273.60
Plumbing Permits
$
947.00
Health Department: Premature Babies
$ 20.00
Other Receipts
117.50
$ 137.50
Welfare Department: Temporary Aid - Cities and Towns
$
955.64
Old Age Assistance:
Cities and Towns
$ 5,051.17
Individuals
28.88
$ 5,080.05
Recoveries:
Disability Assistance
$ 67.50
Old Age Assistance
18,461.14
$ 18,528.64
School Department:
School Lunch Fund
$ 62,879.31
School Athletic Fund
10,952.10
George Barden Fund
388.00
Adult Education Classes
2,728.70
Tuition - Lynnfield
55,767.47
Other Tuition
1,059.35
Rental Auditoriums
490.00
Other Receipts
808.28
Library Department: Fines and Other Receipts
$ 2,422.32
Board of Public Works: Various Receipts
$ 190.00
Park Department:
Bath House Receipts
$ 27.00
Boat Permits
64.50
$ 91.50
Cemetery Division :
Sale of Lots
$ 4,276.00
Perpetual Care
4,270.00
Opening Graves
2,279.00
Lowering Device
237.00
$ 135,073.21
177
147TH ANNUAL REPORT
Foundations
1,151.16
Annual Care
218.00
Liners
935.00
Saturday Service
150.00
Interment
176.00
Other Receipts
68.35
$ 13,760.51
Water Division:
Water Rates
$ 331,330.48
Water Services
9,412.18
Water Maintenance
1,261.45
Turn Ons
52.64
Summons
278.80
$ 342,335.55
Sewer Division:
Sewer Connections
$ 30,501.57
Other Receipts
1,091.62
$ 31,593.19
Light Department:
Sale of Gas
$ 304,864.98
Sale of Electricity
1,024,455.70
Other Receipts
18,658.44
$ 1,347,979.12
Grants from Federal Government:
School Aid
$ 15,467.29
Aid to Dependent Children
22,495.55
Aid to Dependent Children Administration
1,987.92
Disability Assistance
11,997.81
Disability Assistance Administration
1,049.21
Old Age Assistance
124,444.94
Old Age Assistance Administration
12,573.29
$ 190,016.01
Grants from Commonwealth of Massachusetts:
School Lunch Fund
$ 25,352.61
Chapter 90 Construction
19,907.67
Snow and Ice Control
229.50
Chapter 90 Maintenance
2,568.84
Child Guardianship
8,003.34
Aid to Dependent Children
14,627.27
Old Age Assistance
158,718.51
Disability Assistance
24,822.14
Veterans' Services
12,822.97
Health Subsidies - Tuberculosis
1,151.44
Director of Standards
75.00
Civil Defense
1,006.53
Correction Fines
4.00
Loss of Taxes - State Property
928.63
Income Tax
55,800.00
Corporation Tax
104,816.58
178
TOWN OF WAKEFIELD
Meals Tax
10,632.40
English Speaking Classes
68.60
School Construction - Chapter 645
37,544.17
School Aid - Chapter 70
185,309.13
Vocational Education
3,900.84
Temporary Aid and Transportation
9,160.52
Abatements Paraplegics
3,188.60
Route No. 128 Land Taking
96.84
Water Rates - Armories
13.80
$ 680,749.93
Grants from Middlesex County:
Chapter 90 Construction
$ 6,591.28
Chapter 90 Maintenance
1,500.00
Court Fines
49.00
Dog Licenses
4,185.90
$ 12,326.18
Agency and Trust:
Federal Tax Deductions
$ 269,279.01
Blue Cross Deductions
31,268.85
Teachers' Retirement Deductions
44,738.65
Insurance
3,366.64
$ 348,653.15
General Loans:
Temporary Loan - Anticipation reimbursement State and County
$ 30,750.00
Temporary Loan - Proceeds Sale of Bonds
50,000.00
Highway Loan
40,000.00
Water Loan
331,000.00
Sewer Loan
210,000.00
Pumping Station Equipment
50,000.00
Pumping Station Building
35,000.00
Remodeling Lafayette Building
50,000.00
$ 796,750.00
Premium on Bonds
$ 1,634.90
Proceeds from Treasury Bonds
756.00
Accrued Interest
674.93
$ 3,065.83
Refunds:
Veterans' Benefits
$ 952.43
Welfare - General Relief
143.53
Old Age Assistance
2,225.17
Disability Assistance
527.10
Aid to Dependent Children
205.95
School Department
261.89
Accounting Department
15.00
Treasurer Middlesex County Dog Licenses
785.65
School Lunch Fund
6.55
Election Expense - Selectmen
10.00
Insurance
59.88
179
147TH ANNUAL REPORT
Blue Cross Health Department
49.13
26.58
Various Petty Cash Advances
1,275.00
$ 6,543.86
Total Receipts for 1958
$ 6,678,567.02
Cash on Hand January 1, 1958
$ 1,501,663.83
Total Receipts and Cash on Hand December 31, 1958 PAYMENTS
$ 8,180,230.85
Expenditures for the Year Ending December 31, 1958
GENERAL GOVERNMENT
Salaries
Selectmen's Department
and
Personal Services:
Wages
Expense
Salaries of Board
$ 690.00
$ 690.00
Clerk of Board
425.00
Executive Secretary
1,550.00
$ 1,975.00
Veterans' Pension
$ 208.65
Materials and Supplies Office
$ 75.00
$ 75.00
Contractual:
Telephone
$ 552.59
Postage, Printing and Advertising
220.68
Town Warrants
774.50
Town Reports
1,818.00
Miscellaneous
19.00
$ 3,384.77
Sundry:
Selectmen's Meetings and Dues
$ 265.00
Miscellaneous
20,00
$ 285.00
Accounting Department :
Personal Services
Accountant
$ 5,800.00
Junior Accountant
4,100.00
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