USA > Massachusetts > Middlesex County > Newton > Town of Newton annual report 1886 > Part 15
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Amount brought forward,
$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
Water loan, 4 per cent
181,000 00 ·
Accrued interest on same
1,810 00
-$1,057,060 00
Town notes, 6 1-2 per cent
$46,000 00
Accrued interest on same
581 59
46,581 59
Town notes, 6 per cent
$147,000 00
Accrued interest on same
2,187 62
149,187 62
Municipal bonds, 5 per cent
$34,000 00 ·
Accrued interest on same
850 00
34,850 00
Public park bonds, 4 per cent Accrued interest on same
250 00
School house notes, 4 per cent $41,200 00
714 13
41,914 13
Newton school bonds, 4 per cent $44,000 00
Accrued interest on same
440 00
44,440 00
Temporary loan .
$69,700 00
Accrued interest on same
152 33
69,852 33
Uninvested portion of principal of Kenrick Fund
2,740 00
Suspense account, amount in treasury subject to call by sundry parties
778 05
High school loan 3 1-2 per cent . $45,000 00
Accrued interest on same ·
367 50
45,367 50
Amount carried forward, .
$1,518,021 22
25,250 00
Accrued interest on same
$25,000 00
332
Amount brought forward, . Newton Free Library loan 3 1-2
$1,518,021 22
$23,000 00 per cent
Accrued interest on same · 194 54
23,194 54
High School land loan 3 1-2 per cent $10,000 00 Accrued interest on same . 91 39
10,091 39
Mayor's warrants unpaid, appro- priations, etc.
$22,293 12
Mayor's warrants unpaid, water construction 2,879 91
Mayor's warrants unpaid' on ac- count of enlargement of High school building 3,500 00
Mayor's warrants unpaid on ac- count of addition to public library building 1,500 00 · Mayor's warrants unpaid on ac- count of income of the Read Fund . 1,090 56
Premium on tax sale . 12 00
31,275 59
$1,582,582 74
DETAILED STATEMENT OF ASSETS.
Balance of taxes, 1879 to 1883 inclusive . . $2,104 89 Balance of taxes, 1884, 1,663 46
Balance of taxes, 1885, 2,311 44 Balance of taxes, 1886, 77,855 28
Due from Commonwealth of Mass- achusetts as follows : -
$83,935 07
Amount carried forward, . $83,935 07
333
Amount brought forward, . On account of aid to soldiers and sailors under chapters 301 and 252, Acts of 1879
$83,935 07
1,500 00
Balance of corporation tax
6,573 08
Armory rent for 1886
400 00
Due from county treasurer : - Dog tax for 1886 2,337 66
Due from miscellaneous sources ; viz.,-
From sundry persons for bet- terments on drains in Wards 1 and 2 estimated .
700 00
From sundry persons for bet-
terments on Farlow park 1,354 05
From sundry persons for side- walks and curbing assess- ments .
166 28
Cash on hand
44,638 22
Sinking Funds.
Water debt sinking fund : -
City of Newton water bonds, 5 per cent. . $62,000 00
City of Newton wa- ter bonds, 4 per
per cent. . . 125,000 00
City of
Newton
school house note, 4 per cent. . 5,150 00
Cash on deposit on
interest
2,127 37
$194,277 37
Amounts carried forward, .
$335,881 73 $1,582,582 74
334
Amounts brought forward, . $335,881 73 $1,582,582 74 City debt sinking fund : -
City of Newton water bonds, 5 per cent. . $11,000 00 City of Newton wa- ter bonds, 4 per
cent. . . 15,000 00
Cash on deposit on interest 1,096 09
$27,096 09
Public Park Sinking Fund.
City of Newton water bonds, 4
per cent. . $12,000 00
Cash on deposit on
interest 131 47
$12,131 47
School Loan Sinking Fund.
City of Newton water
bonds, 4 per cent. $4,000 00
Cash on deposit on interest 473 33
$4,473 33
$379,582 62
$1,203 000 12
RECAPITULATION.
Water Debt.
Water loan $1,031,000 00
Accrued interest on same 26,060 00
Mayor's warrants unpaid for construction 6 2,879 91
Amount carried forward, . $1,059,939 91
335
Amount brought forward, . $1,059,939 91 Sinking fund 194,277 37
Net water liability
$865,662 54
City Debt, Exclusive of Water Debt.
Town notes
$193,0000 0
Accrued interest on same
2,769 21
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
41,200 00
Accrued interest on same
714 13
$41,914 13
Newton school bonds .
44,000 00
Accrued interest on same
440 00
$44,440 00
Temporary loan .
69,700 00
Accrued interest on same
152 33
$69,852 33
Uninvested portion of principal of Kenrick Fund ·
$2,740 00
Suspense account, amount in
treasury subject to call by sundry parties ·
$778 05
High school loan
45,000 00
Accrued interest on same ·
367 50
$45,367 50
Newton Free Library loan . 23,000 00
Accrued interest on same .
194 54
$23,194 54
High school land loan, 3 1-2 per
cent
10,000 00
Amount carried forward, .
$10,000 00 $484,155 76
.
$195,769 21
336
Amount brought forward, . $10,000 00
Accrued interest on same . 91 39
$10,091 39
Mayor's warrants unpaid, appro- priations, etc. · Mayor's warrants unpaid on
22,293 12
account of enlargement of High school building · 3,500 00 ·
Mayor's warrants unpaid on account of addition to public library building · Mayor's warrants unpaid on
1,500 00
account of income of the Read Fund .
1,090 56
Premium on tax sale
12 00
$28,395 68
$522,642 83
Cash on hand
$44,638 22
Sinking fund
27,096 09
Public park sinking fund
12,131 47
School loan sinking fund
4,473 33
Balance taxes uncollected
83,935 07
Other assets uncollected
13,031 07
$185,305 25
Net city liability
$337,337 58
RECEIPTS.
The receipts for the year ending Dec. 31, 1886, are shown in the aggregates, as credited in the following accounts : - Number of
account.
1. Almshouse
$2,222 20
Amount carried forward,
$2,222 20
337
Amount brought forward, . $2,222 20
2. Armory .
749 27
3. Betterments
1,729 57
4. City Hall 875 00
5. Collectors fees
250 97
6. Corporation tax .
40,853 30
7. Dog tax .
2,081 23
8. Drains and culverts 403 75
9. Druggists' license-fees 17 00
10. Funded debt, water bonds 34,000 00
11. Funded debt, public library loan 23,000 00
12. Funded debt, high school loan 55,000 00
13. Gravel land 805 80
14. Highway department
6,717 69
15. Interest on Farlow Park betterments
130 38
16. Interest on deposits 503 76
17. Interest on taxes
1,895 43
18. Interest on city loans
5 00
20. Interest on real estate tax title
476 50
22. Kenrick fund income
108 67
23. Miscellaneous
42 31
24. National bank tax
11,045 23
26. Police department
768 16
27. Poor out of almshouse
1,530 87
28. Pedlers' license 22 00
29. Parks and squares
61 50
30. Public property
355 00
31. Record and other fees 280 20
32. Real estate tax title 622 06
33. Read fund income
2,419 25
Amount carried forward,
. $189,333 57
19. Interest on water bonds 121 81
226 66
21 Indigent soldiers and sailors
25. Newton free library, catalogue account
13 00
338
Amount brought forward, .
$189,333 57
34. School incidentals . 33 64
35. Ships engaged in foreign trade 2,471 02
36. Sinking fund commissioners
20,000 00
37. Sidewalks and curbing 683,55
38. State aid
915 00
39. Suspense account
118 12
40. Taxes 1883 and previous years 22 69
41. Taxes 1884 919 54
42. Taxes 1885
62,054 94
43. Taxes 1886
380,095 01
44. Tuition for non-resident pupils
806 50
45. Temporary loans .
314,400 00
46. Water maintenance
6 00
47. Water meters and service pipe
6,311 50
48. Water rates
34,213 63
49. Water rates by meters
20,147 25
50. Water department 19 13
51. Water construction 911 70
Total receipts
. $1,033,463 09
EXPENSES.
The claims for the year ending Dec. 31, 1886, 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 $3,376 62
Amount carried forward, . $3,376 62
339
Amount brought forward, . $3.376 62
2. Armory expenses
978 88
3. Auburndale (Williams) school house 779 67
4. Auburndale sub-way
6,573 23
5. Books, stationery and printing
2,330 61
6. Board of health
2,185 80
7. Burial grounds
393 75
8. Conveyance of pupils
785 00
9. Curbing
1,500 00
10. City hall expenses
1,825 00
11. City engineer's department
7,283 79
12. Drains and culverts
14,779 63
13. Evening schools
532 98
14. Fire department
26,759 42
15. Funded debt
20,000 00
16. Funded debt, school house note 5,150 00
17. Gravel land
1,259 57
18. Highway, general repairs
69,893 35
19. Highways, widening, reconstruction, and im- provement 21,220 92
20. Interest on city loans, permanent
19,221 00
21. Interest on city loans, temporary 5,175 97
22. Interest on water bonds
54,380 00
23. Indigent soldiers and sailors
897 00
24 Kenrick fund income
136 70
25. Land damages
1,525 00
26. Memorial day
400 00
27. Miscellaneous expenses
18,103 92
28. Newton free library
8,499 97
29. Newton free library (addition)
13,900 00
30. Parks and squares 2,406 64
31. Police department 21,591 46
32. Poor out of almshouse 7,661 96
Amount carried forward, .
. $341,507 84
340
Amount brought forward, . $341,507 84
33. Poor out of almshouse, Commonwealth of
Massachusetts 5 72
34. Public property 14,097 31
35. Removal of ashes 3,211 83
36. Read fund income 1,452 74
37. Salaries 14,693 00
38. Schools, general appropriations for 96,517 43
39. Schools, enlargement of high school building 32,900 00
40. School incidentals 15,452 89
41. Sidewalks and street crossings
10,000 00
42. Sinking fund, city debt .
21,500 00
43. Sinking fund, school loan
4,500 00
44. Sinking fund, water bonds
18,000 00
45. Sinking fund, public park loan 852 90
46. State aid
1,034 95
47. Street light department
21,113 97
48. Suspense account.
1 75
49. Taxes 1886, county
14,934 33
50. Taxes 1886, corporation
26 15
51. Taxes 1886, national bank
922 51
52. Taxes 1886, state 24,840 00
53. Temporary loans 319,700 00
54. Use of hydrants · 8,940 00
55. Underwood school house (improvements of) 4,100 00
56. Water maintenance 12,952 51
57. Water meters and service pipe 5,998 86
58. Water rebate 351 07
59. Water construction 45,105 04
Total expenses
. $1,034,712 80
TABLE SHOWING APPROPRIATIONS, TRANSFERS, MAYOR'S WARRANTS, TREASURER'S PAYMENTS, DIFFERENCES, EXCESS, AND DEFICIENCY ACCOUNTS.
OBJECT OF APPROPRIATION.
APP ROPRI- ATIONS FOR 1886.
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 $4.000.00 ) Transferred from treasury, amount re- ceived from B. & A. Railroad . 300.00)
$4,300 00
-
$4,300 00
$3,376 62
$3,626 58
$249 96
$923 38
Armory expenses .
1,100 00
1,100 00
978 88
947 26
- 31 62
-
121 12
Books, Stationery and Printing .
2,150 00
2,150 00
2,330 61
2,652 37
321 76
$180 61
-
Board of Health .
4,000 00
$534 64
3,465 36
2,185 80
2,872 06
686 26
1,279 56
Burial Grounds .
400 00
--
400 00
393 75
393 75
6 25
City Engineer's Department
6,750 00
534 64
7,284 64
7,283 79
7,223 70
- 60 09
85
City Hall expenses .
1,600 00
1,600 00
1,825 00
2,187 23
362 23
225 00
Fire Department . .
26,000 00
125 00
26,125 00
26,759 42
26,823 98
64 56
634 42
Highways, Curbing
1,500 00
1,500 00
1,500 00
1,500 00
-
-
-
Highways, Drains and Culverts, $12,000.00 ) Additional, by order of City Council . . . . 2,803.75
14,803 75
14,803 75
14,779 63
13,937 35
- 842 28
24 12
Highways, General Repairs · $55,000.00 )
69,081 32
69,081 32
69,893 35
72,209 49
2,316 14
812 03
-
Highways, Gravel Land . $2,000.00 )
2,567 00
2,567 00
1,259 57
1,257 32
- 2 25
-
1,307 43
Highways, Land Damages .
2,000 00
2,000 00
1,525 00
2,467 50
942 50
475 00
Highways, Removal of Ashes
3,500 00
3,500 00
3,211 83
3,302 63
90 80
288 17
Highways, Sidewalks and Street Crossings
10,000 00
10,000 00
10,000 00
10,662 60
662 60
-
Highways, Widening, Reconstruction and Improvements . .
22,000 00
22,000 00
21,220 92
21,013 36
- 207 56
-
779 08
-
-
-
-
-
Additional, by order of City Council
. . 14,081.32
Additional, by order of City Council . .. . 567.00 )
-
-
-
-
-
341
Additional, by order of the City : $700.00 ) Council . . . . . . 400.00
TABLE SHOWING APPROPRIATIONS, ETC., Concluded.
OBJECT OF APPROPRIATION.
APPROPRI- ATIONS FOR 1886.
TRANS- FERS.
TOTAL APPROPRI- ATIONS.
MAYOR'S WARRANTS
TREASUR- ER'S PAY- MENTS.
DIFFER- ENCES.
Overdrawn.
Unexpen'd.
Indigent Soldiers and Sailors .
$1,000 00
$1,000 00 19,241 00
$897 00 19,221 00 5,175 97 54,380 00 400 00
$921 00
$24 00
$103 00
Interest on City Loans, permanent.
19,211 00
20 00
Interest on City Loans, temporary
8,259 00
8,259 00
5,066 35
- 109 62
3,083 03
Interest on Water Bonds .
34,380 00
54,380 00 400 00
54,380 00 400 00
-
-
Miscellaneous Expenses · $10,000.00 } Additional. by order of City Council . . . 6,300 00 )
16,300 00
$390 00
15,910 00
18,103 92
17,986 86
- 117 06
$2,193 92
Newton Free Library.
8,500 00
8,500 00
8,499 97
8,840 51
340 54
03
Parks and Squares $2,000.00 )
2,500 00
2,500 00
2,406 64
2,592 50
185 86
93 36
Additional, by order of City Council .
. 500.00
Police Department .
$21,500.00 )
21,594 00
21,594 00
21,591 46
22,321 50
730 04
2 54
Additional, by order of City Council . .
. 94.00
Poor out of Almshouse .
8,000 00
8,000 00
7,661 96
7,893 10
231 14
338 04
Public Property $11,000.00 ) Additional, by order of City Council . . . 3,000.00
14,000 00
14,000 00
14,097 31
13,319 90
- 777 41
97 31
-
Salaries .
14,400 00
14,400 00
14,693 00
15,597 04
904 04
293 00
-
Schools, Conveyance of Pupils .
450 00
355 00
785 00
805 00
20 00
20 00
Schools, Evening. . .
550 00
550 00
532 98
527 83
- 5 15
-
17 02
Schools, General Appropria- tion . . $101,300.00
103,381 23
6,090 00
97,291 23
96,517 43
96,937 43
420 00
773 80
Schools,Dog Tax, 1885, by order of City Conncil . . 2,081.23
Schools, Incidentals .
9,500 00
6,000 00
15,500 00
15,452 89
15,597 76 [5,150:00
144 87
47 11
School House Note .
5,150 00
-
5,150 00
5,150 00
--
-
-
-
342
-
-
-
-
-
-
805 00
19,270 17
49 17
Memorial Day .
400 00
EXCESS AND DEFICIENCY ACCOUNT.
Sinking Fund on City Debt. . . 21,500 00
Sinking Fund on School Loan .
4,500 00
Sinking Fund on Water Bonds
18,000 00
21,500 00 4,500 00 18,000 00
21,500 00 4,500 00 18,000 00
21,500 00 4,500 00 18,000 00 1,041 95 25,066 66
7 00 3,952 69
34 95
Street Light Department .
21,750 00
21,750 00
21,113 97
Use of Hydrants . .
8,940 00
8,940 00
8,940 00
8,940 00
Water Maintenance .
13,000 00
13,000 00
12,952 51
13,949 50
996 99
47 49
Water Meters and Service Pipe
6,000 00
6,000 00 500 00
5,998 86 351 07
6,611 66
612 80
1 14
Water, Rebate on Bills. .
500 00
-
-
148 93
Less Mayor's Warrants of 1885, paid by Treasurer in 1886.
$560,644 97 34,439 72
$14,315 95 - 2,153 04
$4,471 24
$10,536 48 4,471 24
Less Mayor's Warrants of 1886, paid by treasurer in 1887, on account of Au-
$526,205 25
burndale Sub-way (special) $12.31, and State Aid, $4.00. ..
1
-
I
-
16 31
$526,188 94
Amount of Mayor's Warrants for 1886,paid by Treasurer in 1887. Appropriations
-
-
-
-
22,293 12"
$554,547 30
$554,547 30
$548,482 06
$548,482 06
$12,162 91
-
Transferred into Treasury . .
.
$6,065 24
-
-
-
-
-
1,000 00
1,034 95
State Aid. . .
1,000 00
636 03
351 07
343
PERMANENT DEBT-DESCRIPTIVE LIST.
RATE.
DATE OF LOAN, ETC.
PAYABLE.
AMOUNT.
INTEREST, WHEN PAYABLE. -
City Institution for Savings, Lowell .
Commonwealth of Massachusetts
66
..
.
63 per cent
April 21, 1871
April 21, 1888
46,000 00
April and October
6 per cent
April 22, 1870
April 22, 1890
20,000 00
April and October
6
per cent
April 22, 1870
April 22, 1892
30,000 00
April and October
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
Water Bonds, $1,000 each .
6 per cent
July
1,1875
July
1, 1905
600,000 00
January and July
5 per cent
July
1, 1875
July
1, 1906
250,000 00
January and July
66
66
$1,000 each
4
per cent
Oct.
1, 1880
Oct. 1, 1910
181,000 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
41,200 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
School Notes $4,500 each .
3} per cent
Oct.
6, 1886
One each year
45,000 00
April and October
School Notes for Land $5,000 each
3} per cent
Sept. 27, 1886
One each year
10,000 00
April and October
Newton Free Library Loan $4,600 each
3} per cent
Oct.
4, 1887
One each year
23,000 00
March and September
6 per cent
Oct. 3, 1867
Oct. 3, 1887
$20,000 00
April and October
6 per cent
April
1, 1868
April 1, 1888
30,000 00
April and October
$1,000 each
$1,446,200 00
344
345
STATEMENT OF THE KENRICK FUND.
The following is a statement of this fund and its income, Jan. 1, 1887 : -
Amount invested
$1,260 00
Cash uninvested
0,740 00
Total fund
$4,000 00
Balance income on hand Jan. 1, 1886 $49 53
Income received in 1886
108 67
$158 20
Amount distributed
136 70
Balance $21 50
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 assessed for the year 1886, with the amount of taxes and rate of taxation : -
Value of real estate
$21,977,061 00
Value of personal estate
9,039,869 00
$31,016,930 00
Tax received for corporation stocks
40,853 30
Tax received for bank stocks
11,045 23
$51,898 53
City appropriations for current expenses
524,420 00
Deduct estimated receipts for 1886
118,550 00
.
$405,870 00
346
State tax
24,840 00
County tax
14,934 33
Overlay
7,941 46
Total assessments
$453,585 79
Rate of taxation $14.40 on $1000.
LEDGER BALANCES.
DR.
Betterments Farlow Park .
$1,354 05
Betterments, Newtonville drain
1,883 70
Bills receivable
250 00
Bills receivable, Kenrick fund
1,260 00
Cash
44,638 22
Public property owned by the city 951,762 60
Taxes 1883 and previous years
2,104 89
Taxes 1884
1,663 46
Taxes 1885
2,311 44
Taxes 1886
77,855 28
Water construction
. 1,040,629 15
$2,125,712 79
CR.
City of Newton $536,780 84
Funded debt 5 per cent bonds
34,000 00
Funded debt 6 1-2 per cent. city notes
46,000 00
Funded debt 6 per cent. city notes
147,000 00
Funded debt 3 1-2 per cent. school notes
10,000 00
Amount carried forward, . $773,780 84
347
'Amount brought forward. $773,780 84
Funded debt 3 1-2 per cent. school notes
45,000 00
Funded debt 3 1-2 per cent. Newton free library notes 23,000 00
Funded debt 4 per cent public park bonds .
25,000 00
Funded debt 4 per cent school notes
41,200 00
Funded debt 4 per cent school bonds .
44,000 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
181,000 00
High school extension appropriation
25,600 00
Interest on Farlow Park betterments
159 81
Kenrick fund
4,021 50
Mayor's warrants, unpaid bills
22,293 12
Newton free library extension appropriation
10.600 00
Overlay 1884
432 66
Overlay 1885
3.336 44
Overlay 1886
4,707 81
Premium on tax sale
12 00
Read fund income
1,090 56
Suspense account
778 05
Temporary loans
69.700 00
$2,125.712 79
REPORT OF THE SINKING FUND COMMISSIONERS OF THE CITY OF NEWTON.
NEWTON, Jan. 1, 1887.
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 1886.
348
WATER DEBT SINKING FUND.
On hand in cash and securities at par Jan. 1,
1886
$169,072 30
Received interest on securities and bank de-
posits . 7,378 40
Received appropriation by the city for 1886 18,000 00
LESS.
$194,450 70
Accrued interest on $26,000 4 per cent water
bonds bought of the city 173 33
$194,277 37
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 .
63,000 00
City of Newton 4 per cent school note due Jan. 25, 1894 .
5,150 00
Cash on deposit in bank
2,127 37
$194,277 37
CITY DEBT SINKING FUND.
On hand in cash and securities at par, Jan. 1, 1886
$24,516 20
Received interest on bonds and deposits 1,093 22
Received appropriation by the city for 1886 21,500 00
Amount carried forward
$47,109 42
349
Amount brought forward $17,109 42
LESS.
Accrued interest on $2,000 4 per cent.
water bonds bought of the city $13 33
Paid city treasurer to pay note due Oct. 3, 1886 . 20,000 00 20,013 33
27,096 09
Invested as follows : -
City of Newton 5 per cent water bonds at par due July 1, 1906
$11,000 00
City of Newton 4 per cent water bonds at par due Oct. 1, 1910
13,000 00
City of Newton 4 per cent water bonds at par due Apr. 1, 1914
2,000 00
Cash on deposit in bank
1,096 09
$27,096 09
Public Park Sinking Fund.
On hand in cash and securities at par, Jan. 1, 1886
$10,862 55
Received balance of interest on securities and bank deposits 416 02
Received on account of betterments collected by the City
852 90
$12,131 47
Invested as follows :-
City of Newton 4 per cent water bonds, due Apr. 1, 1914
12,000 00
Cash on deposit in bank
131 47
$12,131 47
350
School Loan Sinking Fund.
Received appropriation by the City for 1886 $4,500 00
Less
Accrued interest on $4000 4 per cent water
bonds bought of the City 26 67
$4,473 33
Invested as follows :-
City of Newton 4 per cent water bonds, due Apr. 1, 1914
4,000 00
Cash on deposit in bank
473 33
$4,473 33
During the year your commissioners have bought of the city $26,000 4 per cent water bonds for the water debt sink- ing fund, $2,000 4 per cent water bonds for the city debt sinking fund, $2,000 4 per cent water bonds for the public park sinking fund, and $4,000 4 per cent water bonds for the school loan sinking fund, making $34,000, all of which are due Apr. 1, 1914; and have paid to the city treasurer $20,000 from the city debt sinking fund to enable him to pay a note of same amount which fell due Oct. 3, 1886.
We also reported in September last, that there should be appropriated for the year 1887, as follows :-
For the city debt sinking fund $21,500 00
For the water debt sinking fund 20,000 00
For the school loan sinking fund . 4,500 00
Respectfully submitted.
GEO. S. BULLENS, ) Commissioners
ALDEN SPEARE, of the GEORGE C. LORD, Sinking Fund.
351
REPORT OF THE TRUSTEES OF THE READ FUND.
NEWTON, Jan. 1, 1887.
In accordance with Ordinance XXVIII, Section 8, we beg leave to report to the City Council as follows :--
Amount of interest collected for 1886
$1,615 75
Paid to the treasurer of the City of Newton 1,615 75
Principal invested as follows :--
Note of the City of Newton dated Dec. 1, 1886 on 12 months with interest semi-annually 4 per cent per annum
$39,700 00
GEO S. BULLENS, Trustees
ALDEN SPEARE, of the Read Fund.
GEORGE C. LORD,
STATEMENT IN DETAIL OF RECEIPTS.
Almshouse.
Received from N. D. Moody, warden,
for sale of hay, straw, produce, wood, etc.
$1,726 85
Received for support of Chas. Sawyer and wife 95 15
Received for support of Mrs. Thomas 40 00
Received from Fire Department for telegraph poles 27 50
Received from B. & A. Railroad for railroad ties 23 70
Received from Crocker & Eldredge,
Amount carried forward, . $1,913 20
Less
352
Amount brought forward, .
$1,913 20
refund of bill 9 00
Received from Boston & Albany Railroad corporation for build-
ing bridge over tracks of Cir- cuit Railroad 300 00
Total, as per item No. 1 of receipts
$2,222 20
Armory.
Received from Commonwealth of Massa-
chusetts, for rent of armory
$400 00
Received from Capt. Isaac H. Houghton 2-3 of amount received for rent of
armory
. 349 27
Total, as per item No. 2 of receipts
$749 27
Betterments.
Received from sundry persons on acct.
of Farlow Park .
$1,381 77
Received from sundry persons on acct. of Murray street 275 00
Received from sundry persons on acct.
of Newtonville drain .
.
72 80
Total, as per item No. 3 of receipts
$1,729 57
City Hall.
Received for use of hall, etc. $375 00
Received from treasurer of County of Middlesex,
Amount carried forward, . $375 00
353
Amount brought forward, . $375 00
for rent of police court
room
500 00
Total, as per item
No. 4 of receipts
$875 00
Collector's Fees.
Received from John A. Ken-
rick, treasurer and col-
lector of taxes, for sum-
monses, advertising tax
sales, etc., as per item
No. 5 of receipts .
$250 97
Corporation Tax.
Received from
Common-
wealth of Massachusetts,
as per item No. 6 of
receipts
$40,853 30
Dog Tax.
Received from Treasurer of
County of Middlesex,
for dog tax, as per item
No. 7 of receipts . . $2,081 23
Drains and Culverts.
Received from sundry per-
sons on account of
Eldredge street drain .
$325 00
Received from E. W. Gay on
account of drain in
Tremont street
78 75
Total as per item No. 8 of receipts
$403 75
354
Druggists' License Fees.
Received from sundry per-
sons for liquor licenses of the sixth class, as per item No. 9 of re- ceipts . $17 00
Funded Debt -- Water Bonds.
Received from commission- ers of the Sinking · Funds of city of New- ton for twenty-six water bonds, 4 per cent., $1,000 each, on account of water construction . . Received from commission- ers of the Sinking Funds of City of New- ton for four water bonds, 4 per cent., $1,000 each, on ac- count of school loan Received from commission- ers of the Sinking Funds of City of New- ton for two water bonds, 4 per cent., $1,000 each, on ac- count of city debt 2,000 00 .
$26,000 00
4,000 00
Amount carried forward, $32,000 00
355
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