USA > Massachusetts > Middlesex County > Newton > Town of Newton annual report 1891 > Part 2
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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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