USA > Massachusetts > Middlesex County > Newton > Town of Newton annual report 1885 > Part 3
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20,800 00
Sinking fund on public park loan
10,825 48
Amount carried forward .
. $550,225 19
7
Amount brought forward . $550,225 19
Sinking fund on water bonds
17,000 00
Street lights
20,154 69
State aid 869 00
Temporary loans
410,000 00
Use of hydrants
8,540 00
Water construction
35,367 25
Water maintenance
12,826 48
Water meters and service pipes
6,263 39
Water rebate
196 43
West Newton school house
13,518 31
Balance in the treasury, December 31, 1885
55,218 93
$1,130,179 67
CR.
Balance in treasury, December 31, 1884
$45,647 91
Almshouse
2,390 81
Armory rent
400 00
Betterments Farlow Park
11,611 95
Betterments Murray Street
685 20
Betterments Newtonville drain
72 80
Collectors' fees
289 77
Corporation tax
36,282 05
City Hall
727 00
Dog tax
1,841 45
Druggists' license fees
19 00
Fire department
10 00
Foreign ships
1,717 94
Funded debt, 4 per cent. water scrip
32,000 00
Funded debt, school bonds
44,000 00
Amount carried forward . $177,695 88
8
Amount brought forward
· $177,695 88
Highways
12,536 65
Interest on bank deposit
819 24
Interest on betterments
22 97
Interest on city loans
151 67
Interest on Farlow Park betterments
29 43
Interest on sidewalk assessments
5 77
Interest on taxes
2,092 56
Interest on water scrip
92 44
Indigent soldiers and sailors
465 00
Kenrick fund
189 73
Kenrick fund loan, paid
1,000 00
Miscellaneous
22 38
National Bank tax
11,068 25
Newton Free Library, catalogue account
15 00
Police department
702 62
Poor out of almshouse
1,660 62
Peddlers' licenses
22 00
Public property
320 67
Premium on school loan
1,716 00
Read fund
814 81
Record and other fees
500 85
Sinking fund commissioners, city debt
20,000 00
Sidewalks and curbing
509 53
Schools
33 75
School incidentals .
1 50
Street light department
32 50
State aid
813 00
Taxes, 1880
6 90
Taxes, 1882
120 11
Taxes, 1883
410 58
1
Amount carried forward .
. . $233,872 41
9
Amount brought forward
. $233,872 41
Taxes, 1884
66,729 57
Taxes, 1885
352,477 13
Temporary loans
415,000 00 278 03
Tuition, non-resident pupils
Water construction
2,504 32
Water maintenance, meters and service pipes 5,471 52
Water rates
36,685 59
Water rates by meter
17,161 10
$1,130,179 67
JOHN A. KENRICK, Treasurer and Collector.
CITY OF NEWTON, Dec. 31, 1885.
The Joint Committee on Finance beg leave to report, that, in pursuant of Section 13, Ordinance 4, they have ex- amined the books and accounts of the Treasurer and Col- lector for the financial year ending Dec, 31, 1885, and find them correct in all respects, and all payments properly vouched.
Cash on hand Dec. 31, 1884 $45,647 91 Total cash receipts for the year ending Dec. 31,
1885 1,084,531 76
1,130,179 67
Payments for the year
1,074,960 74
Cash on hand at close of business Dec. 31, 1885 $55,218 93
This balance has been verified by examination of the bank balances to the credit of the city, and cash and cash items in the office.
10
They further report that there remains due and uncollected the following taxes and assessments :-
Taxes of 1879
$891 52
Taxes of 1880
899 04
Taxes of 1881
.
1,228 00
Taxes of 1882 1,628 61
Taxes of 1883
2,083 88
Taxes of 1884
2,583 00 .
Taxes of 1885
. 64.366 38
Total $73,680 43
Sidewalks and Curbing Assessments 137 57
Betterments on Drains, Wards 1 and 2, estimated
900 00
Betterments on Farlow Park 2,735 84
Betterments on Murray Street 495 10
Total
$77,948 94
Respectfully submitted.
J. Q. HENRY, B. S. GRANT, SAM'L L. POWERS, FRANK A. DEARBORN.
LIABILITIES OF THE CITY OF NEWTON TO DEC. 31, 1885 INCLUSIVE.
Water loan, 6 per cent $600,000 00
Accrued interest on same 18,000 00
Water loan, 5 per cent . ·
250,000 00
Accrued interest on same 6,250 00
Amount carried forward, $874,250 00
11
Amount brought forward, $874,250 00
Water loan, 4 per cent . 147,000 00
Accrued interest on same
1,470 00
Town notes, 6 1-2 per cent $46,000 00
Accrued interest on same
581 59
Town notes, 6 per cent . $167,000 00
Accrued interest on same
2,481 12
Municipal bonds, 5 per cent $34,000 00
Accrued interest on same
850 00
34,850 00
Public park bonds, 4 per cent $25,000 00
Accrued interest on same
250 00
25,250 00
School house notes, 4 per cent 46,350 00
Accrued interest on same
803 40
47,153 40
Newton school bonds, 4 per
cent
$44,000 00
Accrued interest on same
440 00
44,440 00
Temporary loan
$75,000 00
Accrued interest on same
56 25
75,056 25
Uninvested portion of principal of Kenrick Fund $2,740 00
Accrued interest on same
49 17
2,789 17
Suspense account, amount in treasury subject to call by sundry parties $661 68
Amounts carried forward .
$661 68
*1,468,321 53
$1,022,720 00
46,581 59
169,481 12
12
Amounts brought forward, Mayor's warrants unpaid, ap- propriations, etc. . Mayor's warrants unpaid, water construction
$661 68 $1,468,321 53
$34,439 72
971 56
Mayor's warrants unpaid on ac- count of new school house at Auburndale 779 67
Mayor's warrants unpaid on account of income of the Read Fund
124 05
Premium on tax sale
12 00
36,988 68
$1,505,310 21
DETAILED STATEMENT OF ASSETS.
Balance of taxes, 1879, $891 52
Balance of taxes, 1880, 899 04
Balance of taxes, 1881, 1,228 00 Balance of taxes, 1882, 1,628 61
Balance of taxes, 1883, 2,083 88
Balance of taxes, 1884, 2,583 00
Balance of taxes, 1885, 64,366 38
$73,680 43
Due from Commonwealth of Massachusetts as follows :- On account of aid to soldiers and sailors under chapters 301 and 252, Acts of 1879 . Balance of corporation tax 3,500 00
1,400 00
Armory rent for 1885 400 00
Amounts carried forward, $78,980 43 $1,505,310 21
13
Amounts brought forward, Due from county treasurer :- Dog tax for 1885 Due from miscellaneous sources ; viz., --
*78,980 43 $1,505,310 21
2,145 60
From sundry persons for bet- terments on drains in Wards 1 and 2, estimated 900 00
From sundry persons for bet- terments on Farlow Park 2,735 84
From sundry persons for bet- terments on Murray street, Ward 2 495 10
From sundry persons for side- walk and curbing assess- ments
137 57
Cash on hand
55,218 93
$140,613 47 $1,505.310 21
Sinking Funds.
Water debt sinking fund :-
City of Newton water bonds, 5 per cent . . $62,000 00 City of Newton water bonds, 4 per cent . 99,000 00 .
City of Newton
School house note,
4 per cent . 5,150 00
Cash on deposit on
interest
2,922 30
$169,072 30
Amounts carried forward,
$309,685 77 $1,505,310 21
1
14
Amounts brought forward, $309,685 77 $1,505,310 21
City debt sinking fund :- City of Newton water bonds, 5 per cent . $11,000 00
City of Newton
water bonds, 4
per cent
13,000 00
Cash on deposit on
interest
516 20
$24,516 20
Public Park Sinking Fund.
City of Newton
water bonds, 4
per cent
. $10,000 00
Cash on deposit on
interest
862 55
$10,862 55
$345,064 52
$1,160,245 69
RECAPITULATION.
Water Debt.
Water loan $997,000 00
Accrued interest on the same 25,720 00
Mayor's warrants unpaid for con- struction 971 56
Sinking fund
$1,023,691 56
169,072 30
Net water liability,
$854,619 26 .
15
City Debt, Exclusive of Water Debt.
Town notes
$213,000 00
Accrued interest on same
3,062 71
$216,062 71
Municipal bonds.
34,000 00
Accrued interest on same
850 00
$34,850 00
Public park bonds
25,000 00
Accrued interest on same
250 00
$25,250 00
Schoolhouse notes
46,350 00
Accrued interest on same
803 40
$47,153 40
Newton school bonds .
44,000 00
Accrued interest on same .
440 00
$44,440 00
Temporary loan .
75,000 00
Accrued interest on same
56 25
$75,056 25
Uninvested portion of principa of Kenrick fund $2,740 00
Accrued interest on same
49 17
$2,789 17
Suspense account, amount in treasury subject to call by
sundry parties.
661 68
Mayor's warrants unpaid. appro priations, etc.
34,439 72
Mayor's warrants unpaid on account of new school
house Auburndale
779 67
Amounts carried forward,
$35,881 07 $445,601 53
16
Amounts brought forward, $35,881 07 $445,601 53
Mayor's warrants unpaid on account of income of the Read Fund .
124 05
Premium on tax sale
12 00
36,017 12
$481,618 65
Cash on hand
$55,218 93
Sinking fund
24,516 20
Public park sinking fund
10,862 55
Balance taxes uncollected
73,680 43
Other assets uncollected
11,714 11
175,992 22
Net city liability
$305,626 43
RECEIPTS.
The receipts for the year ending Dec. 31, 1885, are shown in the aggregates, as credited in the following accounts :-
Number of account.
1. Almshouse $2,390 81
2. Armory . 400 00
3. Betterments . 12,369 95
4. Collector's fees 289 77
5. Corporation tax
36,282 05
6. City Hall
727 00
7. Dog tax .
1,841 45
8. Druggists' license-fees
19 00
9. Fire department 10 00
10. Funded debt, water bonds
32,000 00
Amount carried forward
$86,330 03
17
Amount brought forward $86,330 03
11. Funded debt, school loan 44,000 00
12. Highway department 12,536 65
13. Interest on deposits 819 24
14. Interest on betterments . 22 97
15. Interest on city loans 151 67
16. Interest on Farlow Park betterments
29 43
17. Interest on sidewalks and curbing as- sessments . 5 77
18. Interest on taxes
2,092 56
19. Interest on water bonds 92 44
20. Indigent soldiers and sailors 465 00
21. Kenrick fund income, etc., 1,189 73
22. Miscellaneous . 22 38
23. National bank tax . 11,068 25
24. Newton free library, catalogue account . 15 00
25. Police department . 702 62
26. Pedlers' license 22 00
27. Poor out of almshouse
1,660 62
28. Public property 320 67
29. Premium on school loan 1,716 00
30. Read fund income . 814 81
31. Record and other fees 500 85
32. Schools, general appropriation for . 33 75
33. School incidentals . 1 50
34. Ships engaged in foreign trade
1,717 94
35. Sidewalks and curbing 509 53
36. Sinking fund commissioners 20,000 00
37. Street light department . 32 50
38. State aid 813 00
39. Taxes, 1880 6 90
Amount carried forward
$187,693 81
18
Amount brought forward . $187,693 81
40 Taxes, 1882 120 11
41. Taxes, 1883 410 58
42. Taxes, 1884 66,729 57
43. Taxes, 1885 352,477 13
44. Temporary loans .
415,000 00
45. Tuition for non-resident pupils
278 03
46. Water construction 2,504 32
47. Water meters and service-pipe 5,471 52
48. Water-rates, by schedule 36,685 59
49. Water-rates, by meters .
17,161 10
Total Receipts
. $1,084,531 76
EXPENSES.
The claims for the year ending Dec. 31, 1885, as approved and drawn for in the auditor's office, are shown in the aggre- gates, as charged to the following accounts :- Number of account.
1. Almshouse, expenses and repairs $4,544 41
2. Abatement of betterments - Farlow Park . 56 00
3. Armory rent and expenses . 821 80
4. Armory Hall (Claflin Guard Armory) 5,397 08
5. Auburndale ( Williams) schoolhouse 562 45
6. Books, stationery and printing 2,149 92
7. Board of Health 2,280 69
8. Burial grounds 250 00
9. Conveyance of pupils 900 00
10. Curbing 1,500 00
Amount carried forward
$184462 35
19
Amount brought forward $18,462 35
11. City Hall expenses 1,707 27
12. City Engineer's department 6,749 99
13. Drains and culverts 7,450 00
14. Evening schools
717 54
15. Fire department
24,601 87
16. Funded debt . 20,000 00
17. Funded debt, schoolhouse note
5,150 00
18. Gravel land 3,296 58
19. Highways, general repairs 70,185 53
20. Highways, widening, reconstruction, and improvements . 17,000 00
21. Improvement on public squares 9,860 85
22. Interest on city loans, temporary and permanent 25,138 00
23. Interest on water bonds .
53,100 00
24. Indigent soldiers and sailors 917 00
25 Kenrick fund income 165 20
26. Land damages 2,129 46
27. Memorial Day
400 00
28. Miscellaneous expenses 16,374 89
29. Newton Free Library 7,499 98
30 Newton Centre (Rice) schoolhouse 9,019 63
31. Nonantum (Eliot) schoolhouse
945 16
32. Police department .
19,498 17
33 Poor out of almshouse
8,500 15
34 Public property
11,315 23
35. Removal of ashes 3,500 00
36. Read Fund income . 1,594 27
37. Salaries . 14,479 80
38. Schools, general appropriation for . 92,556 51
Amount carried forward .
$452,315 43
,
20
Amount brought forward
.
$452,315 43
39. School incidentals . 13,811 02
40. Sidewalks and street crossings 9,000 00
41. Sinking fund on city debt 20,800 00
42. Sinking fund on public park loan 10,825 48
43. Sinking fund on water bonds . 17,000 00
44. State aid
904 00
45. Street light department .
20,504 06
46. Taxes, 1885, state .
24,135 00
47. Taxes, 1885, county
18,302 55
48. Taxes, 1885, national bank
954 47
49. Taxes, 1885, corporation
16 02
50. Temporary loans
410,000 00
51. Use of hydrants
8,540 00
52. Water maintenance 12,873 49
53. Water-meters and service pipe
6,471 25
54. Water construction
35,235 31
55. Water rebate
196 43
56. West Newton, (Shaw street) school-
house
13,518 31
Total expenses .
. $1,075,402 82
TABLE SHOWING APPROPRIATIONS, TRANSFERS, MAYOR'S WARRANTS, TREASURER'S PAYMENTS, DIFFERENCES, EXCESS AND DEFICIENCY ACCOUNT.
OBJECT OF APPROPRIATION.
APPROPRI- ATIONS FOR 1885.
TRANS- FERS.
TOTAL APPROPRI- ATIONS.
MAYOR'S WARRANTS
TREASUR- ER'S PAY- MENTS.
DIFFER- ENCES.
EXCESS AND DEFICIENCY ACCOUNT.
Overdrawn. Unexpen'd.
Almshouse expenses and repairs $3,750.00 ) Transferred from treasury, amount re- ceived from B. & A. Railroad 500.00
$4,250 00
$4,250 00
$4,544 41
$4,882 10
$337 69
$ 294 41
Armory rent and expenses .
800 00
800 00
821 80
884 77
62 97
21 80
Books, Stationery, and Printing
2,150 00
2,150 00
2,149 92
1,826 60
- 323 32
08
Board of Health .
2,300 00
2,300 00
2,280 69
2,319 50
38 81
19 31
Burial Grounds .
250 00
250 00
250 00
250 00
Conveyance of pupils
650 00
$250 00
900 00
900 00
900 00
Curbing
1,500 00
1,500 00
1,500 00
1,549 14
49 14
City Hall expenses
1,600 00
1,600 00
1,707 27
1,350 29
- 356 98
107 27
City Engineers' Department
6,750 00
6,750 00
6,749 99
6,826 57
76 58
01
Drains and Culverts
12,000 00
4,550 00 -
7,450 00
7,450 00
8,663 26
1,213 26
-
Evening Schools
550 00
167 54
717 54
717 54
717 54
Fire Department
22,900 00
22,900 00
24,601 87
23,946 25
655 62
1,701 87
-
General approp'n for schools $95,650.00 Dog tax, 1884, by order of City Council . 1,841.45
97,491 45
4,728 56
92,762 89
92,556 51
92,138 76
- 417 75
-
206 38
Gravel Land
3,000 00
300 00
3,300 00
3,296 58
3,322 33
25 75
-
3 42
Highways, General Repairs . . $50,000.00 ) Additional by order of City Council
67,261 93
3,000 00
70,261 93
70,185 53
68,371 77
- 1,813 76
-
76 40
Highways, Widening, Reconstruction, and Improvements $15,000.00 -
Additional by order of City
17,000 00
-
17,000 00
17,000 00
17,813 78
813 78
-
-
Council . 2,000.00
-
21
-
-
-
17,261.93
1
TABLE SHOWING APPROPRIATIONS, ETC., Concluded.
OBJECT OF APPROPRIATIONS.
APPROPRI- ATIONS FOR 1885.
TRANS- FERS.
TOTAL APPROPRI- ATIONS.
MAYOR'S WARRANTS
TREASUR- ER'S PAY- MENTS.
DIFFER - ENCES.
EXCESS AND DEFICIEMY ACCOUNT.
Overdrawn. Unexpen'd.
Improvement on Public Squares $6000.00 ) Additional by order of City Council .. 5,000.00 )
11,000 00
11,000 00
9,860 85
9,096 80
- 764 05
1,139 15
Interest on City Loans, temporary and permanent .
25,200 00
25,200 00
25,138 00
25,141 03
3 03
62 00
Interest on Water Bonds .
53,100 00
53,100 00
53,100 00
53,100 00
--
-
Indigent Soldiers and Sailors
1,000 00
1,000 00
917 00
900 00
17 00
23 00
Land Damages
1,600 00
550 00
2,150 00
2,129 46
2,536 96
407 50
20 54
Memorial Day
400 00
400 00
400 00
400 00
Miscellaneous expenses Additional by order City Council . . 5,000.00 )
15,000 00
300 00
14.700 00
16,374 89
15,644 48
- 730 41
1,674 89
Newton Free Library
7,500 00
7,500 00
7,499 98
7,063 62
436 36
02
Police Department .
19,500 00
19,500 00
19,498 17
19,725 30
227 13
1 83
Poor out of Almshouse
8,000 00
8,000 00
8,500 15
8,182 68
- 317 47
500 15
Public Property
. $10,000.00 )
Additional by order of City Council .. . 760,00 )
10,760 00
10,760 00
11,315 23
11,037 77
- 277 46
555 23
Removal of Ashes
3,500 00
3,500 00
3,500 00
3,502 13
2 13
Salaries . .
14,400 00
14,400 00
14,479 80
14,386 62
- 93 18
79 80
School Incidentals
9,500 00
4,311 02
13,811 02
13,811 02
13,018 80
- 792 22
School house note
5,150 00
-
5,150 00
5,150 00
5,150 00
Sidewalks and Street Crossings $6,500.00 ) Additional by order of City Council . . . 1,500.00 )
8,000 00
1,000 00
9,000 00
9,000 00
8,397 40
- 602 60
1
Sinking Fund on City Debt .
10,000 00
10,000 00
10,000 00
20,800 00
10,800 00
1
1
Sinking Fund on Water Bonds .
17,000 00
-
17,000 00
17.000 00
17,000 00
-
-
-
-
-
. $10,000.00 )
22
-
-
-
Street Light Department 20,750 00 State Aid . . 1,000 00 8,540 00
20,750 00 1,000 00 8,540 00 13,000 00
20,504 06 904 00 8,540 00 12,873 49
20,154 69 - 349 37 869 00 8,540 00 12,826 48 - 47 01
245 94 96 00
Use of Hydrants
Water Maintenance ..
13,000 00
126 51
Water Meters and Service Pipe, $5,000.00 ) Additional by order of City Council . ..... . 1,700.00
6,700 00
6,700 00
6,471 25
6,263 39
--- 207 86
228 75
Special Appropriation by order of City Council on account of Water Rebate .
500 00
500 00
196 43
196 43
303 57
Less Mayor's Warrants of 1884, paid by Treasurer in 1885
1
-
-
1
40,260 07
8,237 42
-
-
Amount of Mayor's Warrants for 1885 paid by Treasurer in 1886 . . . . . . Special Appropriation by order of City Council .
2,322 51
2,322 51
1
1
I
2,322 51
$513,875 89
8513,875 89 8513,875 89
$513,875 89
$5,820 35
$4,935 42
$4,935 42
1
-
$519,696 24
$14,057 77
-
$479,436 17 34,439 72
23
- 35 00
PERMANENT DEBT-DESCRIPTIVE LIST.
RATE.
DATE OF LOAN, ETC.
PAYABLE.
AMOUNT.
INTEREST, WHEN PAYABLE.
City Institution for Savings, Lowell .
66
=
6 per cent
Oct.
3,1867
Oct. 3, 1887
20,000 00
April and October
Commonwealth of Massachusetts
6 per cent
April
1,1868
April
1,1888
30,000 00
April and October
63 per cent
April 21, 1871
April 21, 1888
46,000 00
April and October
6 per cent
April 22, 1870
April 22,189
20,000 00
April and October
6 per cent
April 22, 1870
April 22, 1892
30,000 00
April and October
66
66
66
6 per cent
March 10, 1875
March 10, 1894
47,000 00
March and September
Municipal Bonds, $1,000 each. .
5 per cent
July
1, 1875
July
1,1895
34,000 00
January and July January and July
Water Bonds, $1,000 each. .
6 per cent
July
1,1875
July
1, 1905
600,000 00
$1,000 each. .
5
per cent
July
1,1875
July
1,1906
250,000 00
January and July
4
per cent
Oct.
1,1880
Oct. 1,1910
117,000 00
April and October
Public Park Bonds, $1,000 each. .
4
per cent
June 1,1883
April
1,1908
25,000 00
April and October
Schoolhouse Notes, $5,150 each. .
4 per cent
Jan.
25, 1884
One each year
46,350 00
January and July
School Loan Bonds, $1,000 each .
4 per cent
April
1, 1885
April 1, 1895
44,000 00
April and October
6 por cent
Oct. 3,1867
Oct. 3, 1886
$20,000 00
April and October
66
$1,000 each. .
$1,359,350 00
24
25
STATEMENT OF THE KENRICK FUND.
The following is a statement of this fund and its income, Jan. 1, 1886 :-
Amount invested
$1,260 00
Cash uninvested
2,740 00
Total fund
$4,000 00
Balance income on hand Jan. 1, 1885, $25 00
Income received in 1885 . 189 73
$214 73
Amount distributed
165 20
Balance $49 53 The distribution of the income of this fund has been made, in accordance with the terms of the donor, to persons entitled to its benefits.
TAXES AND TAXABLE VALUATION.
The following will show the valuation of the property of the city on which taxes were assesed for the year 1885, with the amount of taxes and rate of taxation :-
Value of real estate
$21,134,820 00
Value of personal estate
7,865,000 00
$28,999,820 00
Tax received for corporation stocks
36,282 05
Tax received for bank stocks
11,068 25
$47,350 30
City appropriations for current expenses
475,490 00
Deduct estimated receipts for 1885
108,250 00
Amount carried forward
$367,240 00
26
Amount brought forward . $367,240 00
State tax
24,135 00
County tax 18,302 55
Overlay and supplementary assessments 6,283 93
Total assessments . $415,961 48
Rate of taxation $14.00 on $1000.
LEDGER BALANCES.
DR.
Betterments Farlow Park 2,735 84
Betterments Murray Street 495 10
Betterments Newtonville drain
1,956 50
Bills Receivable . 250 00
Bills Receivable Kerrick fund
1,260 00
Cash .
55,218 93
Overlay 1883
2,127 04
Public Property owned by the
City
880,852 60
Real Estate bought for non-payt.
Taxes . · 622 06 ·
Sidewalks and curbing assessments 12 75 Taxes 1879 . 891 52
Taxes 1880 .
899 04
Taxes 1881 .
1,228 00
Taxes 1882 .
1,628 61
Taxes 1883 .
2,083 88
Taxes 1884 .
2,583 00
Taxes 1885 .
64,366 38
Water Construction
998,344 16
2,017,555 41
27
CR.
Auburndale School House 779 67
City of Newton . 530,616 40
Funded debt 5 per cent. city bonds .
34,000 00
Funded debt 6 per cent. city notes .
167,000 00 .
Funded debt 6 1-2 per cent. city notes
46,000 00
Funded debt 4 per cent. public park loan
25,000 00
Funded debt 4 per cent. school bonds
44,000 00
Funded debt 4 per cent. school notes 46,350 00
Funded debt 6 per cent. water scrip
600,000 00 .
Funded debt 5 per cent water scrip
250,000 00 .
Funded debt 4 per cent. water scrip
147,000 00
Interest on Farlow park betterment .
29 43
Kenrick Funa .
4,049 53
Mayor's warrants, unpaid bills .
34,439 72
Overlay 1879
2,339 61
Overlay 1880
3,801 44
Overlay 1881
1,053 74
Overlay 1882
673 94
Overlay 1884
743 12
Overlay 1885
3,881 08
Premium on tax sale
12 00
Read Fund
124 05
Suspense account
661 68
Temporary loans
75,000 00
$2,017,555 41
-
28
REPORT OF THE SINKING FUND COMMISSIONERS.
NEWTON, Jan. 1, 1886.
In accordance with the requirements of the City Charter and Ordinances, the Sinking Fund Commissioners herewith report the condition of the funds and securities in their charge on the 31st day of December, 1885 :
City Debt Sinking Fund.
On hand in cash and securities at par, Jan. 1, 1885 $23.092 01
Received interest on bonds and deposits 1,230 44
Received appropriation by the city for 1885 20,800 00
$45,122 45
Less.
Bought $3000 City of Newton 5
per cent. bonds at 120 and ac-
crued interest ; premium and accrued interest, 606 25
Paid City Treasurer to pay note due October 3, 1885 20,000 00- 20,606 25
$24,516 20
Invested as follows :-
City of Newton 5 per cent. water bonds, due
July 1, 1906, at par . $11,000 00
City of Newton 4 per cent. water bonds, due Oct. 1, 1910, at par 13,000 00
Cash on deposit in bank 516 20 ·
$24,516 20
29
Water Debt Sinking Fund.
On hand in cash and securities at par Jan. 1,
1885 .
. $145,779 67
Received balance of interest on bonds and de- posits 6,292 63
Received appropriation by the city for 1885
17,000 00
$169,072 30
Invested as follows :-
City of Newton 5 per cent. water bonds, due July 1, 1906 62,000 00
City of Newton 4 per cent. water bonds, due Oct. 1, 1910 62,000 00
City of Newton 4 per cent. water bonds, due April 1, 1914 37,000 00
City of Newton + per cent. school note, due Jan. 25, 1894 5,150 00
Cash on deposit in bank
2,922 30
$169,072 30
Public Park Sinking Fund.
Received betterments, collected by City of
Newton and paid to the Commissioners . $10,825 48
Balance of interest received on deposits 37 07
$10,862 55
Invested as follows :- City of Newton 4 per cent. water bonds, due April 1, 1914 $10,000 00
Cash on deposit in bank 862 55
$10,862 55
30
During the year we have bought for the city debt sinking fund $3,000 5 per cent water bonds at 120 and accrued interest. For the water debt sinking fund we have bought of the city $22,000 4 per cent. water bonds, due April 1, 1914, and for the public park sinking fund $10,000 4 per cent water bonds, same time to run. We have paid to the City Treasurer $20,000 from the city debt sinking funds to enable him to retire a note which fell due October 3, 1885. We also reported in September last that there should be appropriated for the year 1886, as follows :-
For the city debt sinking fund . $21,500
For the school loan sinking fund 4,500
For the water debt sinking fund 18,000
Respectfully submitted,
GEO. S. BULLENS,
ALDEN SPEARE, GEORGE C. LORD, Commissioners of the Sinking Fund.
REPORT OF THE TRUSTEES OF THE READ FUND.
NEWTON, Jan. 1, 1886.
In accordance with Ordinance XXVIII., Section 3, we have the honor to report to the City Council, as follows :- Note of Boston and Maine Railroad, due and paid $39,700 Interest collected on same, 12 months, 4 per cent.
per annum 1,588
$41,288
Less.
Paid income to City Treasurer $1,588
$39,700
31
Invested as follows :- Note of Connecticut and Passumpsic Rivers Rail- road, guaranteed by Emmons Raymond and W. K. Blodget, dated January 1. 1886, 12 months, 4 per cent. per annum and payable semi-annually $39,700
GEO. S. BULLENS ALDEN PEARE GEORGE C. LORD, Trustees of the Road Fund.
STATEMENT IN DETAIL OF RECEIPTS.
Almshouse.
Received from N. D. Moody, war.
den, for sale of hay, straw, produce, wood, etc. $1,783 81
Received for support of Maggie Jackson 69 00
Received for support of Mrs.
Thomas 38 00
Received from Boston and Al-
bany Railroad corporation for building bridge over tracks of Circuit Railroad 500 00
Total, as per item No. 1 of
$2,390 81 receipts
Armory.
Received from Commonwealth of Massachusetts for rent of ar- mory, as per item No. 2 of receipts $400 00
32
Betterments.
Received from sundry persons
on account Farlow Park ·
$11,611 95
Received from sundry persons on account Murray Street ·
605 20
Received from sundry persons on account Newtonville drain 72 80
Total, as per item No. 3 of receipts
$12,369 95 .
Collector's Fees.
Received from John A. Kenrick,
treasurer and collector of
taxes, for summonses, adver-
tising tax sales, etc., as per item No. 4 of receipts . $289 77
Corporation Tax.
Received from Commonwealth of
Massachusetts, as per item No. 5 of receipts . $36,282 05
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