Town of Newton annual report 1891, Part 2

Author: Newton (Mass.)
Publication date: 1891
Publisher: Newton (Mass.)
Number of Pages: 728


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Read Fund income


1,828 55


School incidentals


1 50


State tax


1,086 50


Sewerage construction


7,627 13


Sundry parties, cash turned into treasury


9 16


Taxes, 1886 .


2 00


Taxes, 1887 .


4 00


Taxes, 1888 .


86 15


Taxes, 1889 .


4,069 68


Taxes, 1890 .


77,825 31


Taxes, 1891 .


446,284 47


Tuition of non-resident pupils


310 75


Temporary loans .


425,000 00


Water construction


5,653 01


Water rates .


22,874 24


Watering streets


4,038 64


$1,593,959 16


16


AUDITOR'S REPORT.


LEDGER BALANCES.


DR.


Betterments, Newtonville drain $1,823 03


Bills receivable, Kenrick Fund 1,250 00


Cash


68,953 39


Public property owned by the city


. 1,107,586 48


Sewer construction


123,740 57


Sewer construction, Killian contract


56,345 21


Taxes, 1886 .


1,050 25


Taxes, 1887 .


1,716 87


Taxes, 1888 .


1,971 14


Taxes, 1889 .


2,328 31


Taxes, 1890 .


16,550 85


Taxes, 1891 .


129,813 43


Watering streets


1,769 72


Water construction


. 1,523,111 43


$3,038,010 68


CR.


Board of Health, Mague drain $3,338 75


City of Newton


809,154 22


Funded debt, 3 1-2 per cent. High school note


22,500 00


Funded debt, 4 per cent. Almshouse note


7,600 00


Funded debt, 4 per cent. Auburndale school


note 15,450 00


Funded debt, 4 per cent. Claflin school note


33,500 00


Funded debt, 4 per cent. Drainage note .


25,000 00


Funded debt, 4 per cent. drainage


20,000 00


Funded debt, 4 per cent. Mague drain note 17,000 00


Funded debt, 4 per cent. Cottage Hospital note 10,000 00


Funded debt, 4 per cent. Fire notes


16,500 00


Amount carried forward,


$980,042 97


17


CITY TREASURER'S ACCOUNT.


Amount brought forward,


$980,042 97


Funded debt, 6 per cent. city notes


77,000 00


Funded debt, 4 per cent. sewer bonds


175,000 00


Funded debt, 4 per cent. school bonds 44,000 00


Funded debt, 4 per cent. park bonds 25,000 00


Funded debt, 5 per cent. municipal bonds 34,000 00


Funded debt, 4 per cent. water scrip


700,000 00 .


Funded debt, 5 per cent. water scrip


250,000 00


Funded debt, 6 per cent. water scrip


600,000 00


Funded debt, 4 per cent. Waban school note . Kenrick Fund


15,000 00


4,062 50


Mayor's warrants, unpaid bills


26,423 12


Overlay, 1887


2,083 34


Overlay, 1888


2,145 83


Overlay, 1889


2,764 87


Overlay, 1890


5,578 05


Overlay, 1891


2,874 82


Premium on tax sale


639 00


Read Fund income


908 13


Suspense account .


488 05


Temporary loans ·


90,000 00


$3,038,010 68


18


AUDITOR'S REPORT.


CITY OF NEWTON, CITY HALL, WEST NEWTON, Jan. 4, 1892.


The Joint Committee on Finance beg leave to report that in pursuance of Section 13, Ordinance 4, they have caused to be examined the books and accounts of the Treasurer and Collector for the financial year ending De- cember 31, 1891, and find them correct in all respects and all payments properly vouched. Attached, the Committee submit a detailed statement of the financial affairs of the city as of date December 31, 1891.


Respectfully submitted,


A. F. LUKE, JOHN A. FENNO. GEO. A. MEAD, E. S. MERCHANT.


19


CITY TREASURER'S ACCOUNT.


40 WATER STREET, BOSTON, ?


January 1st, 1892.


To the Joint Committee on Finance for the year 1891 :


GENTLEMEN :- I have to report that I have examined the accounts of the Treasurer and Collector of the City of Newton for the financial year ending December 31, 1891, in detail, as follows, viz .:


Cash Book.


I find the Cash Book correctly footed and the payments actually made supported by "approved " vouchers, all of which I believe to be legitimate and genuine. Some of the entries purporting to be payments have not yet been paid, but in all such cases the Treasurer has shown me the checks as being in his possession. There are numerous amounts upon the pay rolls uncalled for and for which the Treasurer has the money on hand; otherwise each and every pay roll has been duly signed.


The cash balance on December 31, 1890, was $41,703 26


The total cash receipts for the year ending


Dec. 31, 1891, have been . 1,552,255 90


$1,593,959 16


The payments for the year have been . 1,525,005 77


And the cash on hand at close of business on Dec. 31, 1891, was $68,953 39


I find this balance accounted for as follows :


On deposit in the First Nat. Bank, West Newton $24,105 98 On deposit in the Newton Nat. Bank 13,848 53


On deposit in the First Nat. Bank, Boston 3,026 72 On deposit in the Nat. Revere Bank, Boston 25,100 00


Discharge tickets paid . 1,359 62


Bills and change on hand 1,512 54


$68,953 39


20


AUDITOR'S REPORT.


The balances at the respective banks have been verified, and after allowing for outstanding checks, found to agree with the respective check book balances.


Taxes.


I find the warrant issued to the


Collector for the tax of


1891, amounted to .


$576,097 90


There has been collected . 443,150 20


Rebates duly authorized 3,134 27


446,284 47


Uncollected


$129,813 43


During the year there has been collected on tax warrants of previous years as follows :


Taxes of 1886


$2 00


Taxes of 1887


4 00


Taxes of 1888 86 15


Taxes of 1889


4,069 68


Taxes of 1890


77,825 31


Taxes of 1891


446,284 47


And there have been duly authorized abatements as follows :


Taxes of 1889


10 36


Taxes of 1890


460 80


Taxes of 1891


3,134 27


There remains due and uncollected taxes as follows :


Taxes of 1886


1,050 25


Taxes of 1887


1,716 87


Taxes of 1888


1,971 14


Taxes of 1889


2,328 31


Taxes of 1890


16,550 85


Taxes of 1891


129,813 43


21


CITY TREASURER'S ACCOUNT.


The Collector's detail of collections of taxes and water rates have been all examined and the aggregate amounts have been duly entered upon the Treasurer's Cash Book.


Debt.


The funded debt is shown to be on Dec. 31,


1891


$2,087,550 00


The temporary loan amounted at the same


date to .


$90,000 00


Annexed is an exhibit showing in detail the debt classi- fied as to maturity and rate per cent.


Sinking Fund.


I have also to report that I have examined the books of the Treasurer of the sinking fund and find the income to have been all accounted for, and the Cash Book and Ledger footings correct.


The cash balance uninvested on Dec. 31, 1890 was


$3,715 84


Income received during the year ending Dec.


31, 1891 13,837 04


Investments matured during the year ending Dec. 31, 1891 69,000 00


City appropriations


56,000 00


Total


$142,552 88 .


Invested during the year . . $141,000 00


Accrued interest on investments 80 00


Cash balance, Dec. 31, 1891 1,472 88


$142,552 88


I have personally examined the securities in the posses- sion of the Commissioners and find them all on hand and duly stamped; and the cash balance above named has been verified and found to be on deposit in bank to the credit of


22


AUDITOR'S REPORT.


the several funds. Annexed is a statement of the several sinking fund balances, together with the investments thereof.


Read Fund.


I would also report that the note of the City of Newton for $40,000 00, held by the Trustees of the Read Fund, has been shown me and I hereby certify that it is in the posses- sion of the Trustees.


As the result of my examinations I have to report that everything in connection with the detail examined has been found correct; that the books have been correctly posted, and that the annexed balance sheet is a true statement taken from the books.


Respectfully submitted,


HENRY A. PIPER, Public Accountant.


Trial Balance, Dec. 31, 1891.


DR.


CR.


Almshouse expenses and repairs


$1,392 98


Appropriations


$762,397 00


Armory expenses


202 63


Assessors' department


433 90


Almshouse building


300 00


Almhouse income


1,181 36


Assessors' income


135 00


Armory income


400 00


Board of Health


7 63


Board of Health, Mague drain .


3,604 82


Amounts carried forward,


$762,704 63


$7,573 45


Books, stationery and printing .


222 76


23


CITY TREASURER'S ACCOUNT.


Amounts brought forward, $762,704 63


Burial grounds


$7,573 45 380 75


Bills receivable, Kenrick fund . 1,250 00


Betterments, Newtonville drain 1,823 03


Bath house


26 30


Burial of deceased soldiers


130 00


Board of Health betterments


1,069 98


Books, stationery and printing income 52 53


City of Newton


1,324,027 26


City Engineer's department


28 53


City Hall expenses .


12 90


City Hall income


972 50


Collector's fees


539 32


Corporation tax


74,421 30


Curbing


353 46


Cash


68,953 39


Commonwealth of Mass. Nat.


Bank tax .


18 53


Curbing and sidewalks income .


319 21


Drains and culverts .


4,729 15


Druggist license fees


21 00


Drains and culverts income


126 92


Deceased soldiers' income .


87 50


Election and registration of voters


490 60


Evening schools


166 58


Evening schools income


19 00


Fire department


2,886 58


Fire department income


160 65


Foreign ships .


712 27


Funded debt, 4 per cent. Waban school house note


15,000 00


Amounts carried forward,


$834,731 05 $1,434,326 27


24


AUDITOR'S REPORT.


Amounts brought forward, $834,731 05 $1,434,326 27


Funded debt, 4 per cent. Mague


meadow . 17,000 00


Funded debt, 3₺ per cent. High school building 22,500 00


Funded debt, 4 per cent. Auburn-


dale and Nonantum school 15,450 00


Funded debt, 4 per cent. Cottage Hospital . 10,000 00


Funded debt, 6 per cent. Town notes 77,000 00


Funded debt, 4 per cent. Alms- house note 7,600 00


Funded debt, 4 per cent. drain- age note .


25,000 00


Funded debt. 4 per cent. school bonds 44,000 00


Funded debt, 4 per cent. Claflin school house notes 33,500 00


Funded debt, 4 per cent. public park bonds 25,000 00


Funded debt, 4 per cent. Fire department notes 16,500 00


Funded debt, 5 per cent. mu- nicipal bonds


34,000 00


Funded debt, 4 per cent. water scrip


700,000 00


Funded debt, 5 per cent. water scrip


250,000 00


Funded debt, 6 per cent. water scrip 600,000 00


Funded debt, 4 per cent, drain- age note . 20,000 00


Amounts carried forward, $834,731 05 $3,331,876 27


25


CITY TREASURER'S ACCOUNT.


Amounts brought forward, $834,731 05 $3,331,876 27


Funded debt, 4 per cent. sewer loan 175,000 00


Gravel land 421 00


Gravel land income .


25 40


Highways general repairs 17,565 68


Highways widening


3,047 44


Highways crushed stone


3,388 53


Highways income


1,802 21


Indigent soldiers and sailors


235 00


Indigent soldiers and sailors income . 403 00


Interest on permanent city loan


189 00


Interest on temporary loans


1,936 96


Interest on water bonds


660 59


Interest on bank deposits .


1,032 78


Interest on taxes


2,757 41


Interest on city loan income


200 00


Interest on sewer bonds income


994 44


1 08


Interest on curbing assessments Interest on Board of Health de- partment .


25 74


Kenrick fund .


4,062 50


Land damages .


350 00


Miscellaneous expenses


202 58


Meter rentals


3,985 70


Meter rates


52,470 43


Meters and service pipes income


5,515 69


Mague drain .


40 00


Newton Free Library


3,678 95


Newton Free Library catalogue account .


7 00


Newton Highlands engine house


804 90


Amounts carried forward,


$838,322 16 $3,609,089 17


26


AUDITOR'S REPORT.


Amounts brought forward, $838,322 16 $3,609,089 17 National Bank tax 14,669 27


Overlay 1887 2,083 34


Overlay 1888 2,145 83


Overlay 1889


2,764 87


Overlay 1890 .


5,578 05


Overlay 1891 .


2,874 82


Parks and squares


697 89


Police department


339 73


Poor at Almshouse


809 96


Public property


49 54


Public property income


330 50


Poor out of Almshouse income


1,829 87


Police income .


2,693 97


Parks and squares income


8 00


Police patrol stable .


201 27


Premium on sewer bonds .


2,891 00


Premium on tax sales


639 00


Public property owned by city . 1,077,935 35


Pedlers' licenses 125 00


Removal of ashes


165 18


Read fund


908 13


Record and other fees, City clerk


512 00


Salaries


35 00


Schools


896 77


School incidentals


909 01


Soldiers' relief .


113 01


Sidewalks and street crossings .


1,810 44


State aid .


139 50


Street light department


2,832 00


Sewerage department


366 77


Sewerage construction


123,740 57


Sewerage construction, Killian contract


56,345 21


Amounts carried forward,


$2,097,606 83 $3,657,245 35


27


CITY TREASURER'S ACCOUNT.


Amounts brought forward,


State aid income


Suspense account


$2,097,606 83 $3,657,245 35 1,086 50 488 05


School incidentals income


1 50


Taxes, 1886


1,050 25


Taxes, 1887


1,716 87


Taxes, 1888


1,971 14


Taxes, 1889


2,328 31


Taxes, 1890


16,550 85


Taxes, 1891


129,813 43


Tuition non-resident pupils


310 75


Temporary loans ·


90,000 00


Water maintenance .


275 51


Water construction .


. 1,523,111 43


Water meters and service pipes


11 94


Water rebates on bills


212 10


Water rates


22,874 24


Watering streets


1,985 43


Watering streets income .


1,769 72


Watering troughs and drinking posts


228 29


Waban school house


1,199 17


$3,775,918 83 $3,775,918 83


Funded Debt, Dec. 31, 1891.


DUE IN


Water bonds, 6 per cent. 1905 $600,000 00


66


5 per cent. 1906 250,000 00


66


66


4 66 66 1910 100,000 00


66


66


4


1914 100,000 00


66


66


4


66


1917 100,000 00


66


4


66 66 1918 100,000 00


Amount carried forward,


1,250,$000 00


28


AUDITOR'S REPORT.


Amount brought forward,


$1,250,000 00


Water Bonds, 4 per cent. 1920 $250,000 00


66 66 4 4 4 1921


50,000 00 300,000 00


Public park bonds 4 per cent. . . 1908


25,000 00


Municipal bonds 5 per cent. 1895


34,000 00


School bonds 4 66 66 1895


44,000 00


Sewer bonds 4 66 1911


175,000 00


Town note 6


66 66 1892


30,000 00


Town note


6


1894


47,000 00


City notes 4 66 1892


10,150 00


66


66


3 1-2 « 66 1892


4,500 00


66


66


4


66 1893


11,150 00


66


66


31-2 " 66 1893


4,500 00


6.


66


3 1-2 "


1894


4,500 00


66


66


4 66


66 1894


11,150 00


66


4 .


66 1895


18,600 00


6.


66


3 1-2 "


1895


4,500 00


66


66


3 1-2 . 66 1896


4,500 00


66


66


4


66


66 1896


25,500 00


66


66


4


66 1897


48,500 00


66


66


4 4


66 1898


35,000 00


$2,087,550 00


Temporary Loans.


City note due 1892 4 per cent.


$25,000 00


City note due 1892 4 1-8 per cent. .


15,000 00


City note due 1892 4 1-4 per cent.


.


10,000 00


City note due 1892 4 1-4 per cent. ·


40,000 00


$90,000 00


29


CITY TREASURER'S ACCOUNT.


Sinking Fund Accounts, Dec. 31, 1891.


Water debt sinking fund . $356,595 01


INVESTED.


City of Newton water bonds, 5 per cent. . . $73,000 00 City of Newton water bonds, 4 per cent. . 179,000 00 Boston & Maine R. R. Co. note 4 1-2 per cent. . 34,000 00


City of Newburyport note 4 per cent. 24,000 00


City of Nashua note 4 1-4 per cent.


21,000 00


City of Newton school note 4 per cent. 5,150 00


City of Newton school note 4 per cent. . 15,000 00


City of Newton fire department note + per cent. 5,000 00


Cash


445 01


$356,595 01


City debt sinking fund


$31,405 28


INVESTED.


City of Nashua note 4 1-4 per


cent. $31,000 00


Cash


405 28


$31,405 28


Public park loan sinking fund . $16,468 83


30


AUDITOR'S REPORT.


INVESTED.


City of Newton water bonds, 4


per cent. . $14,000 00


Boston & Maine R. R. Co. note + 1-2 per cent. . 2,000 00


Cash


468 83


$16,468 83


Newton school loan sinking fund


INVESTED.


City of Newton water bonds, 4 per cent. . $14,000 00


Boston & Maine R. R. Co. note


4 1-2 per cent. . 14,000 00


153 76


Cash


$28,153 76


$28,153 76


AUDITOR'S REPORT.


CITY OF NEWTON, AUDITOR'S DEPARTMENT, March 7, 1892.


To the Honorable City Council :


Gentlemen :- In conformity with the requirements of the several sections of the City Ordinance, I have the honor to present herewith the Annual Report of the receipts and ex- penditures of the City of Newton for the financial year commencing Jan. 1, and terminating Dec. 31, 1891, with a detailed account of each department, a statement of the liabilities and assets, a table showing the funded debt, the rates of interest, and times when notes and bonds are payable, another showing appropriations, Mayor's drafts, Treasurer's payments and balances, a statement of the Sinking Funds and of the Read Fund, a summary statement of receipts and expenditures for the year, a statistical table, showing the number of polls, real and personal estate, town, city, county and state taxes, rate of taxation, appropriations, etc., with the number of houses from year to year for thirty consecutive years. Among the remaining tabulations will be found a schedule of the city property so arranged as to show in sep- arate classfication the property belonging to the Almshouse, Fire, Highway, School, and other Departments. In addition to these, is also given such other information appertaining to the fiscal interests of the city as may possess general interest.


Very respectfully,


BENJAMIN F. OTIS,


Auditor.


DUTIES OF THE AUDITOR OF ACCOUNTS.


THE following are the important provisions of the Ordi- nance setting forth the duties of the City Auditor:


The Auditor shall receive all accounts and claims against the city, after the same shall have been verified by the Com- mittee, or the proper certifing officers authorized on behalf of the city to make the contract, or cause the expenditure to be made. He shall carefully examine all such accounts and claims, see that they are correctly cast and duly authorized by the City Council or its order, and, having certified to the same, shall present them properly filed and labeled, to the Committee on Accounts.


The Auditor shall act as clerk of the several standing and joint standing committees, and as secretary of the Sink- ing Fund Commissioners and Trustees of the Read Fund, without extra compensation.


The Auditor, on or before the fifteenth day of February annually, shall make a report to the City Council of the re- ceipts and expenditures of the past financial year, in detail, and shall give in his report, a schedule of the property of the city and of leases thereof, and an exhibit of the loans or debts bearing interest, due from the city, the rates of interest, and the time when payable. He shall each month transmit to the Mayor, and each member of the City Council, a statenent showing the amounts expended and unexpended of each appropriation.


33


LIABILITIES.


LIABILITIES OF THE CITY OF NEWTON TO DEC. 31, 1891, INCLUSIVE.


Water loan, 6 per cent. . . $600,000 00


Accrued interest on same Water loan, 5 per cent. . Accrued interest on same 6,250 00 Water loan, 4 per cent. . 700,000 00 Accrued interest on same 7,000 00


18,000 00 250,000 00


Town notes, 6 per cent.


$77,000 00


Accrued interest on same


1,214 50


78,214 50


Municipal bonds, 5 per cent. . $34,000 00


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.


$15,450 00


Accrued interest on same


267 80


15,717 80


School loan bonds, 4 per cent.


$44,000 00


Accrued interest on same


440 00


44,440 00


High school loan, 3 1-2 per cent. $22,500 00 Accrued interest on same 196 87


22,696 87


Special drains and culverts


loan, 4 per cent.


$25,000 00


Accrued interest on same


250 00


25,250 00


New Claflin School House loan,


4 per cent.


335 00


Accrued interest on same


335 00


33,835 00


Amount carried forward,


$1,861,504 17


$1,581,250 00


Accrued interest on same


34,850 00


34


AUDITOR'S REPORT.


Amount brought forward, $1,861,504 17


Engine house, Newton High- lands, loan, 4 per cent. $16,500 00


Accrued interest on same .


165 00


16,665 00


Newton Cottage Hospital loan,


4 per cent.


$10,000 00


Accrued interest on same


100 00


10,100 00


Land for Almshouse loan, 4


per cent.


.


$7,600 00


Accrued interest for same .


76 00


7,676 00


Sewer loan, 4 per cent. . . $175,000 00


Accrued interest on same


1,750 00


Special Drains and Culverts note


+ per cent.


$20,000 00


Accrued interest on same


200 00


20,200 00


Drainage note (Mague Meadow)


$17,000 00


Accrued interest on same


145 45


17,145 45


Waban school note


$15,000 00


Accrued interest on same


50 00


15,050 00


Temporary loans


$90,000 00


Accrued interest on same


155 83


90,155 83


Uninvested portion of principal


of Kenrick Fund


$2,750 00


Accrued interest on same


62 50


2,812 50


Read Fund income


908 13


Premium on tax sale


639 00


Amount carried forward,


$2,219,606 08


176,750 00


35


AUDITOR'S REPORT.


Amount brought forward, $2,219,606 08


Suspense account, amount in treasury subject


to call by sundry parties 488 05


Unexpended balance of appropriation for drain- age of Mague Meadows . 3,338 75


Mayors' warrants unpaid, water construction 2,071 24


Mayor's warrants unpaid, appropriation 26,423 12


Mayor's warrants unpaid, sewer construction 24,032 84


$2,275,960 08


DETAILED STATEMENT OF ASSETS.


Balance of taxes


1886 $1,050 25


Balance of taxes


1887


1,716 87


Balance of taxes


1888


1,971 14


Balance of taxes


1889


2,328 31


Balance of taxes 1890 . 16,550 85


Balance of taxes


1891 129,813 43


$153,430 85


Due from Commonwealth of Massachusetts, as fol-


lows :-


On account of aid to soldiers and sailors under Chapters


301 and 279, Acts of 1889,


1,500 00


Balance of corporation tax 7,727 66


Balance of national bank tax 606 99


Amounts carried forward, $163,265 50


$2,275,960 08


36


AUDITOR'S REPORT.


Amounts brought forward, $163,265 50 $2,275,960 08


Due from miscellaneous sources, namely :-


Due from county treasurer, dog tax 1891 .


2,548 98


From sundry persons for bet- terments on drains, Wards 1 and 2, estimated . 700 00


From sundry persons, side- walks, curbing assess-


ments, etc. 1,000 00


Cash on hand


. 68,953 39


Sinking Funds.


Water debt sinking fund : -


City of Newton


water bonds,


5 per cent. . $73,000 00 City of Newton water bonds, 4 per cent. . 179,000 00


City of Newton schoolhouse


note, 4 per


cent. · 5,150 00


Engine house, Newton High-


lands note, 4 per cent. 5,000 00


Boston & Maine


R. R. Co. note,


4 1-2 per cent. 34,000 00


Carried forward $296,150 00


$236,467 87 $2,275,960 08


37


SINKING FUNDS.


Brought forward, $296,150 00 $236,467 87 $2,275,960 08 City of Newbury- port note, 4 per cent. 24,000 00


City of Nashua note, 4 1-4 per cent.


21,000 00


Waban school


note, 4 per cent. 15,000 00


Cash on deposit on interest 445 01


$356,595 01


City debt sinking fund : - -


City of Nashua note, 4 1-4 per cent. 31,000 00


Cash on deposit on interest 405 28


$31,405 28


School loan sinking fund : City of Newton water bonds, 4 per cent. . $14,000 00 Boston & Maine R. R. Co. note 4 1-2 per cent. 14,000 00 Cash on deposit on interest 153 76


$28,153 76


Public park sinking fund : City of Newton water bonds, 4 per cent. . $14,000 00


Carried forward, $14,000 00 $652,621 92 $2,275,960 08


38


AUDITOR'S REPORT.


Brought forward, $14,000 00 $652,621 92 $2,275,960 08 Boston & Maine R. R. Co. note, 4 1-2 per cent. 2,000 00 Cash on deposit on interest 468 83


$16,468 83


$669,090 75


$1,606,869 33


RECAPITULATION.


Water Debt.


Water loan . . $1,550,000 00


Accrued interest on same 31,250 00


Mayor's warrants unpaid for construction . 2,071 24


$1,583,321 24


Sinking fund


356,595 01


Net water liability


$1,226,726 23


Sewer Debt.


Sewer loan . $175,000 00


Accrued interest on same 1,750 00


Mayor's warrants unpaid for construction . 24,032 84


Net sewer liability


$200,782 84


City Debt exclusive of Water and Sewer Debt.


Town notes . $77,000 00


Accrued interest on same


1,214 50


Amount carried forward $78,214 50


39


CITY DEBT.


Amount brought forward,


$78,214 50


Accrued interest on same


$34,000 00 850 00


34,850 00


Public Park bonds


$25,000 00


Accrued interest on same


250 00


25,250 00


School house notes


$15,450 00


Accrued interest on same


267 80


15,717 80


School loan bonds


$44,000 00


Accrued interest on same


440 00


$44,440 00


High school loan .


$22,500 00


Accrued interest on same


196 87


22,696 87


Special drains and culverts


loan


$25,000 00


Accrued interest on same


250 00


25,250 00


New Claflin school house loan $33,500 00


Accrued interest on same


335 00


33,835 00


Engine house, Newton High- lands, loan


$16,500 00


Accrued interest on same


165 00


16,665 00


Newton Cottage hospital loan


$10,000 00


Accrued interest on same


100 00


10,100 00


Land for Almshouse, loan


$7,600 00


Accrued interest on same


76 00


$7,676 00


Amount carried forward


$314,695 17


Municipal Bonds .


40


AUDITOR'S REPORT.


Amount brought forward


$314,695 17


Special drains and culverts $20,000 00


Accrued interest on same 200 00


20,200 00


Drainage note, Mague meadow $17,000 00


Accrued interest on same


145 45


17,145 45


Waban school note


$15,000 00


Accrued interest on same


50 00


15,050 00


Temporary loans .


$90,000 00


Accrued interest on same


155 83


90,155 83


Uninvested portion of princi- pal of Kenrick fund $2,750 00


Accrued interest on same


62 50


2,812 50


Read fund income


908 13


Premium on tax sale


639 00


Suspense account, amount in


treasury subject to call by sundry parties . 488 05


Unexpended balance of appro- priation for drainage of Mague meadow 3,338 75


Mayor's warrants unpaid ap- propriation .


26,423 12


$491,856 00


Cash on hand


$68,953 39


Sinking fund


31,405 28


School loan sinking fund


28,153 76


Public Park sinking fund


16,468 83


Amounts carried forward, $144,981 26


$491,856 00


41


CITY DEBT.


Amounts brought forward, $144,981 26


$491,856 00


Balance taxes uncollected 153,430 85


Other assets uncollected


14,083 63


$312,495 74


Net city liability . $179,360 26


42


PERMANENT DEBT. - Descriptive List.


Rate.


Date of Loan, Etc.


Payable.


Amount.


Interest when Payable.


Commonwealth of Massachusetts


66


6


per cent.


March 10, 1875


March 10, 1894


47,000 00


March and Septemb'r.


Municipal 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


$1,000 each


$1,000 each


.


4 per cent.


Oct.


1, 1884


Oct.


1, 1914


100,000 00


April and October.


36


66


$1,000 each


66


$1,000 each


4


per cent.


Oct.


1, 1888


Oct.


1, 1918


100,000 00


April and October.


66


66


$1,000 each


4 per cent.


June


14, 1890


April


1, 1920


250,000 00


April and October.


66


$1,000 each


4 per cent.


Aug.


14, 1890


April


1, 1921


50,000 00


April and October.


Sewer Bonds, $1,000 each


4 per cent.


June


4, 1891


April


1, 1911




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