Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1959, Part 15

Author: Wakefield, Massachusetts
Publication date: 1959
Publisher: Town of Wakefield
Number of Pages: 240


USA > Massachusetts > Middlesex County > Wakefield > Town annual report of the officers of Wakefield Massachusetts : including the vital statistics for the year 1959 > Part 15


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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$ 7,148,988.93


Cash on Hand December 31, 1959


3,242,235.59


$10,391,224.52


EXCESS AND DEFICIENCY


Balance January 1, 1959


$677,107.06


Sale of Tax Title Land


7,737.02


Tax Title Adjustment


792.20


Audit Adjustments


937.38


Refunds Prior Years


74.62


Transfer from Revenue


236,693.49


Free Cash


$ 60,000.00


Town Meeting Transfer


37,000.00


Added to Tax Titles


1,174.86


Tax Title Adjustment


1,842.33


Audit Adjustment


356.80


Balance December 31, 1959


822,967.78


$923,341.77


$923,341.77


ANALYSIS OF LIGHT DEPARTMENT ACCOUNT


Operation Account:


Balance January 1, 1959


Receipts - 1959


Transfers


$ 141,065.11 1,551,735.90 261,214.82


Payments


$1,466,085.58


Transfers to Revenue


70,000.00


Transfers to Construction


71,065.11


Transfers to Depreciation


139,902.12


Transfers to Non Contributory Pension


2,909.52


Transfers to Employees Group Insurance


5,200.00


Balance to 1960


198,853.50


$1,954,015.83


$1,954,015.83


Depreciation Account:


Balance January 1, 1959 Transfers from Operation Transfersto Operation Balance to 1960


$ 101,178.61 139,902.12


$ 179,977.85


61,102.88


$ 241,080.73 $ 241,080.73


201


148TH ANNUAL REPORT


Light Construction:


Transfer from Operation Transfer to Operation


$ 71,065.11


$ 71,065.11


$ 71,065.11


$ 71,065.11


Fire Alarm, Police Signal, Traffic Lights:


Appropriation Transfer to Operation


$ 10,000.00


$ 10,000.00


$ 10,000.00


$ 10,000.00


Guarantee Deposit Account:


Balance, January 1, 1959


$ 34,871.18


Receipts - 1959


8,059.05


Payments - 1959 Balance, December 31, 1959


$ 6,048.52


36,881.71


$ 42,930.23 $ 42,930.23


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


Wakefield Savings Bank Wakefield Trust Companny - Checking Account


$ 35,000.00


1,881.71


$ 36,881.71


JOHN J. MCCARTHY, Town Accountant


Statement of Appropriated Funds, Expenditures and Balances 1959 Indebtedness Account


Available Funds 1959


Expenditures 1959


Balances


12-31-59


GENERAL GOVERNMENT:


Selectmen Personal Services


$ 2,580.00


$ 2,580.00


Elective Officials


690.00


690.00


Materials and Supplies


96.00


89.00


7.00*


Contractual


3,654.00


3,522.31


131.69*


Sundry


385.00


328.90


56.10 **


Lease Park. Area-Tuttle Street


435.48


435.48


Tuttle St. Park. Area-B&M Railroad


408.74


408.74


Lease Park. Area-Main and Center Sts.


850.00


850.00 **


Lease Park. Area-Main and Center Sts.


399.04


399.04 **


Lease Park. Area-Main and Center Sts.


456.89


456.98 **


Main St. Public Park. Area


216.78


216.78 **


Land Taking-Main St. By Pass


12,000.00


12,000.00 **


Main St. By Pass 1959-3


7,000.00


7,000.00 **


Observance of Christmas Season 1959


500.00


500.00


Observance of Christmas Season 1958


200.00


200.00


Town Hall Committee Appn. 1957


2,378.80


545.75


1,833.05*


Willard Donnell Hospital Fund


32.50


32.50


Total:


$ 32,283.23


$ 9,332.68


$ 22,950.55


202


TOWN OF WAKEFIELD


Election-Selectmen Personal Services Contractual


$ 1,062.95


$ 23.62*


453.40


$ 1,039.33 414.44


38.96*


Total:


$ 1,516.35


$ 1,453.77


$ 62.58


Accounting Personal Services


$


20,040.40


$ 19,814.90


$ 225.50*


Materials and Supplies


235.00


234.23


0.77*


Contractual


1,430.00


1,313.97


116.03 **


Sundry


140.00


81.34


58.66 **


Capital Outlay


520.00


520.00


Capital Outlay 1958


368.99


368.99


Out of State Travel


300.00


300.00


Total:


CA 23,034.39


$ 22,633.43


S 400.96


Treasurer Personal Services


$ 2,229.48


$ 2,229.48


Elective Officials


2,850.00


2,850.00


Materials and Supplies


1,260.00


1,189.95


70.05*


Contractual


575.00


386.00


189.00*


Sundry


250.00


249.87


0.13*


Out of State Travel


250.00


250.00


Tax Titles


1,000.00


999.34


0.66*


Total:


$ 8,414.48


$ 8,154.64


$ 259.84


Collector Personal Services Elective Officials


4,100.00


4,100.00


Materials and Supplies Contractual


75.00


73.82


1.18*


3,280.00


3,259.22


20.78*


Sundry


150.00


32.70


117.30*


Total:


$ 14,218.36


$ 14,079.10


$ 139.26


203


148TH ANNUAL REPORT


$ 6,613.36


$ 6,613.36


Assessors Personal Services Elective Officials


$ 11,483.45


$ 11,483.45


4,002.00


4,002.00


Materials and Supplies


385.00


380.01


4.99*


Contractual


1,166.14


1,166.14


Sundry


295.00


292.22


2.78*


Capital Outlay


230.00


230.00


Appraisal Taxable Property 1957


1,337.20


592.25


744.95*


Total:


$ 18,898.79


$ 18,146.07


$ 752.72


Legal Personal Services


$ 5,000.00


$ 5,000.00


Materials and Supplies


703.00


701.55


1.45*


Contractual


3,427.00


3,425.44


1.56*


Sundry


12,165.00


10,303.18


1,861.82 **


Damages 1958


2,057.00


2,057.00


Capital Outlay


125.00


125.00


Capital Outlay 1958


100.00


100.00


Total:


$ 23,577.00


$ 21,712.17


$ 1,864.83


Town Clerk Personal Services


$ 3,450.00


$ 3,450.00


Elective Officials


3,900.00


3,900.00


Materials and Supplies


125.00


69.97


55.03*


Contractual


536.27


536.27


Sundry


35.00


35.00


Capital Outlay


390.00


380.65


9.35*


Total:


Elec. and Reg. Personal Services Materials and Supplies


..


$ 8,436.27


$ 8,371.89


$ 64.38


$ 5,610.00


$ 5,609.00


$


1.00*


154.08


154.08


204


TOWN OF WAKEFIELD


Contractual Capital Outlay


1,887.95 100.00


1,887.95 99.63


0.37*


$ 7,752.03


$ 7,750.66


$ 1.37


$ 925.00


$ 909.16


$ 15.84*


8,500.00


8,500.00 **


Total:


$ 9,425.00


$ 909.16


$ 8,515.84


CA


450.00


CA 450.00


Personnel Board Personal Services All Expense


157.00


49.07


107.93*


Total:


$ 607.00


$ 499.07


$ 107.93


Finance Committee Personal Services All Expense All Expense 1958


$ 1,400.00


€A 1,400.00


1,100.00


1,060.39


39.61 **


181.04


179.14


1.90*


Total:


$ 2,681.04


$ 2,639.53


$ 41.51


Board of Appeals


$ 750.00


$ 546.36


S 203.64*


Capital Outlay Committee 1958


1,150.00


513.79


636.21 **


$ 1,900.00


$ 1,060.15


$ 839.85


TOTAL GENERAL GOVERNMENT


$ 152,743.94


$ 116,742.32


$ 36,001.62


PROTECTION OF PERSONS AND PROPERTY


Police Personal Services Materials and Supplies Contractual


$ 178,551.00


$ 178,003.07


$ 547.93*


5,625.00


5,591.57


33.43*


3,240.00


3,223.58


16.42*


148TH ANNUAL REPORT


205


Total: Planning Board Master Plan Study 1959


Sundry Capital Outlay Out of State Travel Mass. Training School


165.00


164.43


0.57*


6,645.00


6,558.85


86.15*


200.00


188.90


11.10*


620.00


381.66


238.34*


Indemnification Police-Firefighters New Boat House 1945-2


1,030.91


1,004.91


26.00 **


2,305.00


2,305.00 **


Total:


$


198,381.91


$ 195,116.97


$ 3,264.94


Fire Personal Services


$ 159,828.00


$ 159,741.00


$ 87.00*


Materials and Supplies


3,826.78


3,811.52


15.26*


Contractual


3,885.00


3,872.93


12.07*


Sundry


150.00


147.65


2,35*


Capital Outlay


3,965.00


3,964.88


0.12*


Out of State Travel


300.00


190.31


109.69*


Total:


$ 171,954.78


$ 171,728.29


$ 226.49


Fire Alarm, Police Signal, Traffic Lights


$ 10,000.00


$ 10,000.00


Animal Inspector Personal Services Contractual


160.00


160.00


Total:


$ 1,560.00


$ 1,560.00


Wire Inspector Personal Services Materials and Supplies Contractual Sundry


$ 1,866.68


$ 1,857.68


$ 9.00*


50.00


44.77


5.23*


397.00


396.35


0.65*


10.00


10.00


Total:


$ 2,323.68


$ 2,308.80


$ 14.88


206


TOWN OF WAKEFIELD


1,400.00


$ 1,400.00


Plumbing Inspector Personal Services Contractual


$ 1,300.00


$ 1,300.00


100.00


100.00


Total:


$ 1,400.00


$ 1,400.00


Compensation


$


624.00


$ 624.00


Civil Defense Personal Services


$ 1,900.00


$ 1,900.00


Materials and Supplies Contractual Sundry


2,044.00


2,036.02


7.98*


333.84


331.66


2.18*


150.00


150.00


Total:


$ 4,427.84


$ 4,417.68


$ 10.16


Sealer Weights & Measures Personal Services


$ 1,400.00


$ 1,383.26


$ 16.74*


Contractual


200.00


200.00


Sundry


25.00


23.66


1.34*


Total:


$ 1,625.00


$ 1,606.92


$ 18.08


Building Inspector Personal Services Materials and Supplies Contractual


630.00


613.40


16.60*


Sundry


112.00


10.00


102.00*


Total:


$ 6,400.32


$ 6,281.43


$ 118.89


TOTAL PROTECTION OF PERSONS AND PROPERTY


$ 398,697.53


$ 395,044.09


$ 3,653.44


207


148TH ANNUAL REPORT


$ 5,633.32


$ 5,633.32


25.00


24.71


0.29*


HEALTH AND SANITATION


Health Personal Services Elective Officials Materials and Supplies Contractual Sundry


$ 6,287.47


$ 6,287.47


414.00


414.00


1,745.00


1,696.91


48.09*


4,165.00


3,911.65


253.35*


5,373.00


2,535.06


2,837.94*


TOTAL HEALTH AND SANITATION


$ 17,984.47


$ 14,845.09


$ 3,139.38


PUBLIC WORKS DEPARTMENT:


Public Works Adm. Personal Services Materials and Supplies Contractual


$ 25,850.00


$ 25,850.00


400.00


393.51


6.49*


500.00


497.63


2.37*


Sundry


125.00


96.41


28.59*


Total:


$ 26,875.00


$ 26,837.55


$ 37.45


Engineering Personal Services


$ 17,550.00


$ 17,419.34


$ 130.66*


Materials and Supplies


575.00


532.93


42.07*


Contractual


225.00


185.22


39.78*


Sundry


25.00


22.47


2.53*


Capital Outlay


110.00


110.00


Total:


$ 18,485.00


$ 18,269.96


$ 215.04


$ 10,220.40


$ 9,886.58


$ 333.82*


13,849.34


13,801.57


47.77*


300.00


284.90


15.10*


208


TOWN OF WAKEFIELD


Garage Personal Services Materials and Supplies Contractual


Sundry Capital Outlay


125.00


700.00


124.95 632.26


0.05* 67.74*


Total:


$ 25,194.74


$ 24,730.26


$ 464.48


Lafayette Building-Capital Improvements


$ 1,150.00


$ 1,144.42


5.58*


Police Building-Capital Improvements


770.00


697.62


72.38*


(137.82*


Highway Building-Capital Improvements


600.00


362.18


100.00 **


Fire Building-Capital Improvements


3,251.00


3,140.20


110.80*


Buildings Personal Services


16,581.80


16,509.00


72.80*


Materials and Supplies


9,291.57


9,290.48


1.09*


Town Hall 1958


0.18


0.18*


Contractual


3,558.00


3,544.31


13.69*


Sundry


100.00


52.36


47.64*


Capital Outlay


915.00


498.97


416.03*


Total:


$ 36,217.55


$ 35,239.54


$ 978.01


Moth & Tree Personal Services


$ 21,242.40


$ 20,273.52


$ 968.88*


Materials and Supplies


550.00


548.96


1.04*


Contractual


350.00


313.64


36.36*


Sundry


25.00


15.00


10.00*


Total:


$ 22,167.40


$ 21,151.12


$ 1,016.28


Park Personal Services Materials and Supplies Contractual


$ 25,319.87


$ 25,065.82


$ 254.05*


1,880.00


1,879.62


0.38*


625.00


618.62


6.38*


148TH ANNUAL REPORT


209


Sundry Capital Outlay


25.00 3,886.00


24.59 1,688.58


0.41* 2,197.42 **


210


Total:


$ 31,735.87


$ 29,277.23


$ 2,458.64


Cemetery Personal Services


$ 10,507.70


$ 10,507.70


Materials and Supplies Contractual


1,825.00


1,664.34


160.66*


645.00


393.42


251.58*


Sundry


25.00


11.70


13.30*


Capital Outlay


1,025.00


1,023.04


1.96*


Total:


$ 14,027.70


$ 13,600.20


$ 427.50


Water Personal Services


Materials and Supplies


38,300.00


38,269.37


30.63*


Contractual


31,225.00


25,703.18


5,521.82*


Sundry


1,000.00


736.54


263.46*


Capital Outlay


11,500.00


8,782.41


2,717.59 **


Materials and Supplies 1958


7,428.34


7,322.38


105.96*


Contractual 1958


9,740.16


9,592.62


147.54*


Water Maturing Debt


102,000.00


102,000.00


Water Interest on Maturing Debt


19,945.75


19,945.75


Total:


$ 315,133.87


$ 298,148.32


$ 16,985.55


Sewer Personal Services Materials and Supplies Contractual


$ 23,882.48


$ 23,839.10


$ 43.38*


1,275.00


1,195.44


79.56*


3,185.00


3,184.52


0.48*


Sundry


50.00


20.49


29.51*


$ 93,994.62


$ 85,796.07


$ 8,198.55*


TOWN OF WAKEFIELD


Capital Outlay Sewer Connections


4,500.00


4,159.00


341.00*


8,607.64


8,552.76


54.88*


Total:


$ 41,500.12


$ 40.951.31


$ 548.81


Highway Personal Services


$ 86,661.20


$ 86,661.20


(3,466.99*


Materials and Supplies


32,105.00


28,113.01


525.00 **


4,506.63*


Contractual


31,745.00


18,238.37


9,000.00 **


Sundry


200.00


171.95


28.05*


Capital Outlay


11,500.00


10,511.83


988.17*


Material and Supplies 1958


600.00


347.00


253.00*


Contractual 1958


9,000.00


9,000.00


Total:


$ 171,811.20


$ 153,043.36


$ 18,767.84


Public Works Special Articles:


Disposal of Rubbish and Refuse 1959


$ 15,000.00


$ 15,000.00


Repairs to Band Stand on Common 1959


2,743.00


2,742.99


0.01*


Hall Park Development 1959


1,000.00


1,000.00


(6,232.24*


Demolition of Town Hall Building 1958


8,673.55


2,166.31


275.00 **


Sale of Lots Fund


170.00


55.00


115.00 **


New Avenue-Forest Glade Cemetery


956.32


417.22


539.10 **


Repairs to Wall-Beebe's Cove 1955


959.35


585.00


374.35 **


1,223.00


1,223.00 **


Repairs to Wall-Beebe's Cove 1953 Col. E. J. Connelly Recreation Area Fencing at Maple Way Playground 1959 Chapter 90 Construction


13.85


13.85


86.00


86.00


28,000.00


18,370.16


9,629.84 **


148TH ANNUAL REPORT


211


1959 Chapter 90 Maintenance


4,500.00


4,500.00


1958 Chapter 90 Construction


8,627.25


8,627.25


1957 Chapter 90 Construction


1,909.70


1,909.70


1956 Chapter 90 Construction


615.25


615.25


Pumping Station Land Taking, Farm Street


1,500.00


1,500.00


Purchase of Land, MDC


1.00


1959 Sewer Construction Appn.


16,000.00


4,975.26


1.00* 11,024.74 **


1959 Sewer Construction Appn.


17,869.49


17,869.49


1956 Sewerage Pumping Station and Forced Main Construction Appn.


14,746.33


14,573.65


172.68*


1957 Sewer Construction Appn.


3,041.36


3,041.36


1959 Street Construction Appn.


147,503.76


86,358.08


61,145.68 **


1958 Street Construction Appn.


12,913.22


12,913.22


1957 Street Construction Appn.


718.61


718.61


1957 Green Street Reconstruction


50,188.84


50,188.84


1956-2 Street Construction Appn.


2,487.38


2,487.38


1959 Sidewalk Construction Appn.


11,250.00


3,756.00


7,494.00 **


1959 Repairs to Sidewalks-Greenwood St.


4,000.00


1,715.17


2,284.83 **


1957 Sidewalk Construction Appn.


2,413.36


2,085.07


328.29 **


1957 Rebuild Sidewalks Appn.


837.04


837.04


1959 Sewers for Drainage Appn.


17,850.00


11,846.22


6,003.78 **


1958 Sewers for Drainage Appn.


9.34


9.34


Total:


$ 377,807.00


$ 270,963.46


$ 106,843.54


TOTAL PUBLIC WORKS DEPARTMENT


$1,080,955.45


$ 932,212.31


$ 148,743.14


212


TOWN OF WAKEFIELD


CHARITIES AND VETERANS' BENEFITS


Public Welfare Administration Elective Officials


$ 1,481.00


$ 1,481.00


690.00


690.00


General Relief


18,726.10


12,921.35


5,804.75*


Aid Dependent Children-Town


36,000.00


36,000.00


Aid Dependent Children Adm .- Federal


3,056.25


2,403.95


652.30 **


Aid Dependent Children Recipients-Fed.


28,010.27


6,552.23


21,458.04 **


Aid Dependent Children Adm .- Town


715.50


715.50


Disability Assistance-Town


31,024.25


31,024.25


Disability Assistance Adm .- Federal


1,781.24


1,567.06


214.18 **


Disability Assistance Recipients-Fed.


28,038.72


8,958.39


19,080.33 **


Disability Assistance Adm .- Town


1,431.00


1,431.00


Old Age Assistance-Town


226,000.00


226,000.00


Old Age Assistance Adm .- Federal


13,402.15


11,242.60


2,159.55 **


Old Age Assistance Recipients-Fed.


173,920.73


126,517.96


47,402.77 **


Old Age Assistance Adm .- Town


10,732.50


10,732.50


Total:


$ 575,009.71


$ 478,237.79


$ 96,771.92


Veterans' Benefits Adm.


Personal Services


$ 3,000.00


$ 3,000.00


Materials and Supplies


110.00


108.36


1.64*


Contractual


555.00


551.28


3.72*


Sundry


55.00


54.25


0.75*


Recipients


31,043.72


30,737.69


306.03*


Care of Veterans' Graves


179.00


179.00


Total:


$ 34,942.72


$ 34,630.58


$ 312.14


TOTAL CHARITIES AND VETERANS' BENEFITS:


$ 609,952.43


$ 512,868.37


$ 97,084.06


148TH ANNUAL REPORT


213


EDUCATION :


School Personal Services


$1,217,484.74


$1,211,420.21


$ 6,064.53*


All Expense


206,843.88


193,449.72


13,394.16*


Capital Outlay


14,199.00


11,142.25


3,056.75*


School Athletic Fund


16,179.71


12,840.07


3,339.64 **


School Lunch Fund


102,460.81


96,504.96


5,955.85 **


Adult Education


5,672.50


5,406.27


266.23 **


Adult Education-Registration Fees


809.50


515.00


294.50 **


Adult Education-Woodworking


85.00


33.75


51.25 **


George Barden and Smith Hughes Funds


338.00


328.75


9.25 **


Out of State Travel


600.00


272.37


327.63*


Federal Aid to Education


36,473.31


24,054.45


12,418.86 **


Federal Aid to Education Trade Schools


63.78


63.78 **


8,864.00


5,985.02


2,878.98*


Elem. School Building Committee 1959


5,000.00


3,045.00


1,955.00 **


Purchase of Land 1959


70.00


70.00 **


Elem. School Land Taking-Albion St.


15,000.00


15,000.00 **


Montrose School Addition Site 1957


1,899.51


1,899.51 **


Elem. School Planning Committee-Land Survey


1,000.00


1,000.00 **


Bennett Street Land Taking 1955


800.00


800.00 **


Junior High School Land Taking


55,000.00


55,000.00 **


High School Athletic Field-Bennett St.


1,540.00


1,540.00


Walton School Construction Appn.


986.60


986.60


Total:


$1,691,370.34


$1,567,524.42


$ 123,845.92


Library Personal Services Materials and Supplies Contractual


$ 55,380.00


$ 55,094.11


$ 285.89*


17,149.93


13,853.86


3,296.07 **


10,050.37


10,018.76


31.61*


214


TOWN OF WAKEFIELD


Sundry Capital Outlay Out of State Travel


400.00


359.33


40.67*


1,085.00


1,084.00


1.00*


150.00


150.00


Total:


$ 84,215.30


$ 80,560.06


$ 3,655.24


TOTAL EDUCATION


$1,775,585.64


$1,648,084.48


$ 127,501.16


RECREATION AND UNCLASSIFIED:


Recreation Personal Services-Director


$ 1,000.00


$ 1,000.00


Personal Services


6,632.50


6,632.50


Materials and Supplies


2,916.45


2,916.45


Contractual


200.00


200.00


Capital Outlay


1,922.00


1,921.64


0.36 .*


Total:


$ 12,670.95


$ 12,670.59


$ 0.36


Unclassified :


Insurance Department


$ 46,262.61


$ 46,262.61


Memorial Day


2,150.00


1,997.94


152.06*


137.00*


Veterans' Day


380.00


220.50


22.50 **


Reserve Fund


40,000.00


33,848.90


6,151.10 ****


Miscellaneous-Selectmen


2,530.50


2,391.58


138.92 **


Miscellaneous-Selectmen 1958


169.25


160.37


8.88*


Veterans' Quarters


4,000.00


3,900.00


100.00 **


148TH ANNUAL REPORT


215


Visiting Nurse Rifle Range


1,500.00


1,500.00


267.00


267.00*


Total:


$ 97,259.36


$ 90,281.90


$ 6,977.46


TOTAL RECREATION AND UNCLASSIFIED


$ 109,930.31


$ 102,952.49


$ 6,977.82


STATE AND COUNTY ASSESSMENTS:


County Tax


$ 91,267.68


$ 93,435.89


$ 2,168.21 ***


MDC Entry Fee


31,689.44


31,689.44


Middlesex County Hospital


30,358.11


28,080.91


2,277.20 ***


State Exam .- Retirement System


1,507.46


1,507.46


Smoke Inspection


712.60


714.28


1.68 ***


State Audit Municipal Accounts


1,091.46


1,091.46


Dog Licenses


5,046.29


5,001.79


44.50 ***


Metropolitan Sewerage Loan-North System


82,135.69


75,355.63


6,780.06 ***


Metropolitan Parks and Reservations


33,147.95


30,351.35


2,796.60 ***


Contributory Retirement Contribution All Expense


78,906.00


78,906.00


4,510.00


4,510.00


Non-Contributory Pension System


38,621.50


35,788.55


2,832.95*


Military Service Credit


515.98


515.98


TOTAL STATE AND COUNTY ASSESSMENTS


$ 399,510.16


386,948.74


$ 12,561.42


AGENCY AND TRUST:


Federal Tax Deductions Teachers' Retirement Deductions


$ 335,873.65


$ 299,789.00


$ 36,084.65 **


57,132.06


50,749.48


6,382.58 **


Blue Cross-Blue Shield Deductions


66,395.63


62,556.76


3,838.87 **


State Tax Deductions


27,374.71


20,794.43


6,580.28 **


216


TOWN OF WAKEFIELD


Group Life Insurance Deductions Group Insurance Town Appropriation


12,023.00


11,365.90


36,893.56


36,891.81


657.10 ** 1,75 **


TOTAL AGENCY AND TRUST


$ 535,681.61


$ 482,147.38


$ 53,545.23


LIGHT DEPARTMENT:


Light Operation Light Construction


71,095.11


71,095.11


Light Depreciation


241,080.73


179,977.85


61,102.88 **


TOTAL LIGHT DEPARTMENT


$2,266,919.05


$2,006,962.67


$ 259,956.38


STREET LIGHTS


$ 37,000.00


$ 37,000.00


INTEREST AND MATURING DEBT:


Maturing Debt Interest on Maturing Debt


$ 297,000.00


$ 297,000.00


88,141.87


87,243.88


897.99*


TOTAL INTEREST AND MATURING DEBT


$ 385,141.87


$ 384,243.88


$ 897.99


TEMP. LOANS-ANTICIPATION REIMBURSEMENT


$ 30,750.00


$ 30,750.00


Bond Issues


Expenditures 1959


Balances 12-31-59


BOND ISSUES :


1957 Water Construction Bond Issue 1956 Water Construction Bond Issue 1957 MDC 20" Line Bond Issue 1957 MDC Pumping Station Equipment BI


$ 302.49


$ 302.49


26,000.00


24,976.65


1,023.35 **


2,673.13


2,673.13


1,662.13


1,662.13


$1,954,743.21


$1,755,889.71


$ 198,853.50 **


148TH ANNUAL REPORT


217


-


1957 MDC Pumping Station Building BI 1942 Construction of Wells and Pumping Station BI


33.49


33.49


295.96


295.96


1959 Sewer Construction Bond Issue


6,180.51


6,180.51


1958 Sewer Construction Bond Issue


48,819.33


24,615.00


24,204.33 **


1957 Sewer Construction Bond Issue


8,059.33


166.45


7,892.88 **


1956 Sewer Construction Bond Issue


150,000.00


58,205.63


91,794.37 **


1955 Sewer Construction Bond Issue


5,436.88


5,436.88


1958 Street Construction Bond Issue


4,130.33


3,668.35


461.98 **


1958 Street Construction Bond Issue


40,000.00


1,493.27


38,506.73 **


1948 - 2 Street Construction Bond Issue


2,274.88


2,274.88 **


Junior High School Construction BI


1,975,000.00


398,175.11


1,576,824.89 **


Dolbeare School Addn. Bond Issue


29,238.05


2,746.54


26,491.51 **


Montrose School Addn. Bond Issue


13,352.67


11,514.01


1,838.66 **


High School Building Construction BI


8,927.26


8,927.26 **


High School Site 1952 Bond Issue


636.78


636.78 **


Walton School Addn. 1955 Bond Issue


290.50


290.50


Dolbeare School Construction 1951 BI


145.76


145.76


Hurd School Addn. 1947 Bond Issue


11.41


11.41


Lafayette Building Committee 1957 BI


547.37


547.37 **


TOTAL BOND ISSUES


$2,324,018.26


$ 542,593.27


$1,781,424.99


"CODE"


* Appropriation Balances December 31, 1959 Transferred to Revenue.


** Appropriation Balances December 31, 1959 Carried Forward to 1960.


*** State and County Assessments Over and Under Estimates Carried Forward to 1960.


**** Reserve Fund Balance December 31, 1959 Transferred to Overlay Surplus.


218


TOWN OF WAKEFIELD


TOWN OF WAKEFIELD BALANCE SHEET -DECEMBER 31, 1959


ASSETS


Revenue Cash


$1,460,810.60 1,781,424.99


Excess and Deficiency


$ 822,967.78


Premium on Notes and Bonds


$ 733.65


Sewer Connection Deposits


$


4,114.08


Real Estate Tax 1958


$ 20,575.66


Real Estate Tax 1959


64,291.74


Perpetual Care Funds Income Forest Glade Cemetery


$


2,043.16


Sale of Lots & Graves


$


3,985.00


Perpetual Care Bequests


$


160.00


Personal Property Tax 1957


$


3.14


Personal Property Tax 1958


99.15


Personal Property Tax 1959


3,629.52


Sale of Real Estate


$


21,961.00


Poll Tax 1956


$ 18.00


Poll Tax 1957


30.00


Poll Tax 1958


44.00


Poll Tax 1959


584.00


$ 676.00


Excise Tax 1956


$ 805.72


Excise Tax 1957


1,353.97


Excise Tax 1958


2,862.58


Excise Tax 1959


64,865.66


$ 69,887.93


Excise Tax Revenue $ 69,887.93


Betterments 1958


$


218.88


Betterments 1959


664.30


$ 883.18


$


3,823.16


Temporary Loans


$ 24,000.00


$


3,731.81


Excess Cash - Land of Low Value Sale $ 549.47


148TH ANNUAL REPORT


219


LIABILITIES


Non Revenue Cash


$3,242,235.59


$ 84,867.40


Income on Post War Rehabilitation Fund


Sewers 1958 Sewers 1959


$ 190.96 3,836.53


$ 4,027.49


Sewers Not Apportioned


$ 74,253.20


Betterments Not Apportioned


$ 59,952.20


Committed Interest 1958


$


186.22


Committed Interest 1959 514.40


$


700.62 Special Assessment Revenue $ 136,816.69


Tax Collector - Petty Cash $ 100.00


School Athletic Fund Petty Cash 800.00


School Lunch Fund - Petty Cash 300.00


Light Department - Petty Cash


500.00


$ 1,700.00


Reserve for Petty Cash Advances $ 1,700.00


Tax Titles


$ 17,072.04


Tax Title Revenue


$ 17,072.04


Tax Title Possessions


$ 37,993.23


Tax Title Possessions Revenue $ 37,993.23


Accounts Receivable :


Health Department


$ 8,401.14


Welfare Department 4,719.14


Aid to Dependent Children 4,857.01


Old Age Assistance


6,102.95


School Department


10,553.84


$ 34,634.08


Recovery-Old Age Assistance


$


2,466.79


220


TOWN OF WAKEFIELD


Departmental Revenue


$


34,634.08


State Aid Highways 1959 $ 6,467.42 8,500.00


County Aid Highways 1959


$ 14,967.42


Water Rates


$


41,294.32


Water Services


3,625.32


Water Liens added to Taxes 1,118.77


$ 46,038.41


Water Revenue


$ 46,038.41


Municipal Light Bills


$


138,500.93 - Municipal Light Revenue


$ 138,500.93


Special Cash-Municipal Light Guarantees


$ 36,881.71


Municipal Light Guarantee Deposits


$ 36,881.71


Overlay 1957


$


398.54


Overlay Surplus


$ 8,544.90


Overlay 1958


7,402.84


Overlay 1956 $ 18.00


$ 7,801.38


Overlay 1959


12,109.25


$ 12,127.25


Apportioned Sewer Assessments not due


$


95,651.41


Sewer Assessments Apportioned:


Due in 1959


$


.04


Due in 1960


17,533.38


Due in 1961


15,804.68


Due in 1962


13,816.91


Due in 1963


11,977.76


Due in 1964


10,194.93


Due in 1965


9,234.22


Due in 1966


9,216.75


Due in 1967


4,730.10


Due in 1968


2,040.96


Due in 1969


1,101.68


$ 95,651.41


Apportioned Betterment Assessments not due $ 134,911.10


Betterment Assessments Apportioned :


Due in 1960


$ 18,270.51


Due in 1961


15,044.60


Due in 1962


12,742.10


Due in 1963


10,990.65


148TH ANNUAL REPORT


221


Due in 1964


10,546.47


Due in 1965


8,167.84


Due in 1966


7,872.89


Due in 1967


6,836.07


Due in 1968


6,371.63


Due in 1969


6,112.08


Due in 1970


4,133.42


Due in 1971


4,128.72


Due in 1972


3,998.76


Due in 1973


3,998.76


Due in 1974


3,998.44


Due in 1975


2,852.32


Due in 1976


2,822.65


Due in 1977


2,372.72


Due in 1978


1,916.72


Due in 1979


1,733.75


County Tax State-Smoke Inspection


$


2,168.21


Blue Cross-Blue Shield Deductions


3,838.87


Federal Tax Deductions


$


36,084.65


State Tax Deductions


$


6,580.28


Teachers' Retirement Deductions


$


6,382.58


Life Insurance Deductions


$


658.85


Metropolitan Parks Reservations


$


2,796.60


Metropolitan Sewerage Loan-North System $


6,780.06


Middlesex County Hospital Tax


$


2,277.20


Dog Licenses from Town Clerk


$


44.50


State and County Charges


$ 11,898.36


General Appropriation Balances


$


590,206.31


222


$ 134,911.10


$


1.68


$ 2,328,112.03


TOWN OF WAKEFIELD


Bond Issues - Non Revenue Cash:


1956 Water Construction $ 1,023.35


1958 Sewer Construction 24,204.33


1957 Sewer Construction 7,892.88


1956 Sewer Construction 91,794.37


1958 Street Construction 461.98


1958 Street Construction


38,506.73


1948 (2) Street Construction


2,274.88


Junior High School Construction 1,576,824.89


Dolbeare School Addition


26,491.51


Montrose School Addition


1,838.66


High School Building


Construction


8,927.26


High School Site 1952


636.78


Lafayette Building


Committee 1957


547.37


$ 1,781,424.99


$ 4,109,537.02


$ 4,109,537.02


148TH ANNUAL REPORT


223


RETIREMENT SYSTEM FUNDS -CASH AND SECURITIES


$585,087.17


Payments:


Balance January 1, 1959 Investment Income


21,793.13


Pensions and Annuities


$ 85,200.92


Market Value Adjustment


4,580.15


Administrative Expense


4,492.09


Refund Members Deductions


10,550.93


Interest


327.06


Accrued Interest


339.59


Balance December 31, 1959


656,598.23


$757,508.82


$757,508.82


TRUST AND INVESTMENT FUNDS


Cash on Hand December 31, 1959


$139,509.89


Sweetser Lecture Fund


$ 11,767.59


Sweetser Lecture Guarantee Fund


4,436.09


Library Trust Funds


17,539.42


Jonathan Nichols Temperance Fund


2,195.65


Park Trust Funds




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