USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1925 > Part 19
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10,800.00
2,000.00
500.00
500.00
1,000.00
32,800.00
1931
9,000.00
4,000.00
9,000.00
2,000.00
500.00
500.00
1,000.00
26,500.00
1932
9,000.00
4,000.00
9,000.00
2,000.00
500.00
500,00
25,000.00
1933
9,000.00
4,000.00
8,000.00
2,000.00
23,000.00
1934
9,000.00
4,000.00
6,000.00
2,000.00
21,000.00
1935
8,000.00
4,000.00
6,000.00
2,000.00
20,000.00
1936
8,000.00
2,000.00
4,000.00
2,000.00
16,000.00
1937
8,000.00
1,000.00
2,500.00
2,000.00
13,500.00
1938
8,000.00
1,000.00
2,500.00
11,500.00
1939
8,000.00
1,000.00
2,500.00
11,500.00
1940
8,000.00
1,000.00
1,000.00
10,000.00
1941
7,000.00
1,000.00
8,000.00
1942
7,000.00
1,000.00
7,000.00
1943
7,000.00
7,000.00
1944
7,000.00
6,000.00
1946
6,000.00
.
.
6,000.00
1947
6,000.00
2,000.00
1949
2,000.00
.
ยท
Totals $175,000.00 $73,000.00
$111,500.00
$24,000.00
$3,500.00
$3,500.00
$6,000.00
$1,000.00
$2,500.00
$400,000.00
1948
2,000.00
2,000.00
1945
6,000.00
6,000.00
8,000.00
307
BORROWING CAPACITY
Total Valuation Abatement
Net Valuation
1923
$10,410,283.00 $72,082.00
$10,338,201.00
1924
12,535,348.00 100,592.00
12,434,756.00
1925
13,292,886.00 61,384.00 13,231,502.00
Average net valuation 3 years, $12,001,486.00.
Note :- Indebtedness of towns limited to three per cent of valuation of three preceding years (Chap. 44, Sec. 10, G. L.).
Three per cent is
$360,044.00
Total Debt
$100,000.00
Exempted Loans :
Water Department $ 73,000.00
Light Department 111,500.00
Sewer Department
175,000.00
Playground Purchase 2,500.00
Borrowing Capacity, Dec. 31, 1925
$362,000.00 $ 38,000.00 $322,044.00
ACCOUNTING TRUST FUNDS Cemetery Bequest Fund, 1925
Balance in Mechanics Savings Bank, Jan. 1, 1925 $ 12,288.45
Received Bequests
2,595.00
Interest
1,639.97
Bonds Sold
2,500.00
. Premium on bonds sold
16.72
Securities purchased, listed at par value :
N. E. Tel. & Tel. Co. 5's, 1952 $ 5,000.00
Northern Pac. Ry. 6's, 2047 5,000.00
N. Y. Cent. R. R. Ref. & Imp. 5's, Series C. 2013
4,000.00
Accumulated interest on above
210.13
Premium on above chg'd to interest
449.09
Transferred to Cemetery Trustees, from interest ..
1,239.46
Balance in Mechanics Savings Bank, Dec. 31, 1925
3,141.46
$ 19,040.14 $ 19,040.14
CEMETERY BEQUEST FUND, TO DEC. 31, 1925
Bequests to Jan. 1, 1925
$ 33,960.15
Bequests in 1925
2,595.00
Unexpended interest
405.40
Surplus (profit on bonds)
1,180.91
Securities listed at par value :
308
U. S. Liberty Bonds, 3rd $ 9,000.00
U. S. Liberty Bonds, 4th 12,000.00
N. E. Tel. & Tel. Co., Ist Mort. 5's, Series A, 1952 5,000.00
Northern Pac. Ry. Ref. & Imp. 6's, Series B, 2047 5,000.00
N. Y. Cent. R. R. Ref. & Imp. 5's, Series C, 2013 4,000.00
Balance Mech. Savings Bank, Dec. 31, 1925 3,141.46
$ 38,141.46
$ 38,141.46
HOSPITAL FUND
Received from Estate of Gilman L. Parker, ac- count, Bequest
Interest on Bequest
$ 35,000.00 10,000.00
Securities purchased listed at cost :
Boston & Albany R. R. Co. Imp. Bond of 1908, 4's, 1933 $ 4,798.00
N. Y. Cent. H. R. R. R. 4's, 1934 4,737.50
Old Colony R. R. Co. 1st Mort. 5's, Series B, 1945
5,075.00
Illinois Central R. R. 4's, 1952
4,437.50
St. Paul Minn. & Manitoba Consolidated 4's, 1933
4,831.25
Accumulated interest on above
195.71
Deposited as follows:
Mechanics Savings Bank 5,000.00
Charlestown Five Cent Savings Bank 5,000.00
Andover Savings Bank
5,000.00
First Nat'l Bank, Reading
5,925.04
$ 45,000.00
$ 45,000.00
READING HIGH SCHOOL SCHOLARSHIP FUND
Received from Estate of Gilman L. Parker Be- quest $ 5,000.00 41.11
Interest on Bequest Deposited as follows:
Charlestown Five Cent Savings Bank $ 1,000.00
Andover Savings Bank 1,000.00
Essex Savings Bank, Lawrence 1,000.00
First Nat'l Bank, Reading, Savings Dept. 2,041.11
$ 5,041.11 $ 5,041.11
3 4
1
309
GEORGE F. BUCK FUND
Balance Jan. 1, 1925, Mechanics Savings Bank . .. $ 72.89
Interest, 1925
3.29
Balance Dec. 31, 1925 per pass book
$ 76.18
$ 76.18 $ 76.18
PUBLIC LIBRARY FUND
Balance Jan. 1, 1925, Mechanics Savings Bank .. $ 106.49
Interest, 1925
4.82
On hand Dec. 31, 1925, per pass book
$ 111.31
$ 111.31 $ 111.31
TRUST FUNDS CASH AND SECURITIES
Balance, Jan. 1, 1925
$ 35,967.83
Received Cemetery Bequests
2,595.00
Received Interest, etc., on Cemetery Bequest Fund
1,610.99
Received Interest on Bonds Sold, Cemetery Be- quest Fund
45.70
Received Interest on Bonds Sold, Cemetery Fund
45.70
Received Interest on Geo. F. Buck Fund
3.29
Received Interest on Library Fund
4.82
Received Estate of Gilman L. Parker
account Hospital Fund
45,000.00
Received Estate of Gilman L. Parker
Reading High School Scholarship Fund ..
5,041.11
$ 90,268.74
Paid out, Care of Cemetery Lots
1,239.46
Paid out, Premium on Bonds Purchased
449.09
Paid out, Interest on Bonds Purchased
210.13
$ 1,898.68
Balance, Dec. 31, 1925
$ 88,370.06
Cemetery Bequest Fund, Bonds
$ 35,000.00
Hospital Fund, Bonds
24,074.96
Savings Bank Deposits :
Cemetery Bequest Fund
3,141.46
Hospital Fund
15,000.00
1
310
First National Bank, Reading :
Hospital Fund
5,925.04
Reading High School Scholarship Fund . . 3,000.00
First National Bank, Savings Dept .: Reading High School Scholarship Fund ..
2,041.11
Mechanics Savings Bank :
Geo. F. Buck Fund
76.18
Library Fund
111.31
$ 88,370.06
TOWN OF READING BALANCE SHEET DEC. 31, 1925 GENERAL ACCOUNTS
Cash in Banks and Office
$ 52,837.94
Temporary Loans
$115,000.00
Taxes and Assessments Receivable :
Overlays Reserved for Abatements:
Taxes, 1921
$ 46.62
For 1921 Taxes
$ 46.62
Taxes, 1922
257.19
For 1923 Taxes
366.75
Taxes, 1923
366.75
For 1924 Taxes
1,388.41
Taxes, 1924
1,388.41
For 1925 Taxes
2,829.35
Taxes, 1925
135,824.21
Moth, 1925
321.15
Sewer Ass'ts' and Interest
1,333.56
Sewer Rentals
175.20
Moth Assessments, Revenue
321.15
Sewer Assessments, Revenue
1,333.56
Sewer Rentals, Revenue
175.20
Departmental Accounts Receivable :
$ 2,667.79
Sewer Ass't Appor'n Rec. 1926-1935
11,361.39
Departmental Accounts Rec., Revenue
2,667.79
Water Dept. Accounts Rec.
247.05
Water Dept. Account Rec., Revenue
247.05
Municipal Light Dept. Accounts Rec.
35,066.44
Mun. Light Dept. Acct. Rec., Revenue
35,066.44
Tax Titles held by Town
5,208.91
Water Dept. Maint. Account . . ....
2,725.57
Municipal Light Dept. Advanced
7,353.18
Sewer Dept. Maint. & Const. Acct.
21,596.37
Municipal Light Dept .: Cash
150.00
Sewer Dept. House Connections Acct. 1,066.63
1,651.07
Appropriation bal. forward to 1926:
Block System Survey
$ 5.50
South Street Repairs
96.38
Building Lines 719.88
Drainage System Survey 1,000.00
John Street Drain 771.74
School Land Purchase
19,161.67
School Land Survey, Etc.
2,351.67
$ 4,631.13
Overlay Reserve Fund
4,655.11
$139,713.09
Sewer Ass't Revenue due 1926 to 1935
11,361.39
Water Dept .: Cash
100.00
Cemetery Reserve Fund
BALANCE SHEET (Continued)
Water Mains Extension
8,371.90
Planning Board
153.74
Tax Titles Revenue
5,208.91
War Poll Tax Refund
4,069.82
Excess & Deficiency Account
10,296.12
$254,705.79
$254,705.79
DEBT ACCOUNTS
Net Funded Debt
$400,000.00
Sewer Constuction Loans
$175,000.00
Water Department Loans
73,000.00
Municipal Light Department Loans
111,500.00
Municipal Building Loans
24,000.00
Mun. Building & Library Gds. Loans
3,500.00
Brown Estate Loan
3,500.00
School Building Loans
6,000.00
Richardson Estate Loans
1,000.00
Playground Purchase Notes
2,500.00
$400,000.00
$400,000.00
TRUST FUNDS
Trust Funds, Cash and Securities ..
$ 88,370.06
Cemetery Bequest Fund for Per-
petual Care
$ 38,141.46
George F. Buck Fund
76.18
Public Library Fund
111.31
Hospital Fund
45,000.00
Reading H. S. Scholarship Fund .. 5,041.11
$ 88,370.06
$ 88,370.06
$ 32,632.48
314
GRACE V. VIALL, COLLECTOR,
Dr.
Amount uncollected, Dec. 31, 1924, account 1921 Tax $ 194.62
66 Interest collected, account 1921 Tax
31.45
66 uncollected, Dec. 31, 1924, account 1922 Tax 431.94
Interest collected, account 1922 Tax
12.84
uncollected, Dec. 31, 1924, account 1923 Tax
1,690.22
66 Interest collected, account 1923 Tax
187.86
uncollected, Dec. 31, 1924, account 1924 Tax Interest collected, account 1924 Tax
3,879.94
66
uncollected, Dec. 31, 1924, account 1924 sewer
1,951.11
66
Interest collected, account 1924 sewer
51.27
Poll Tax Warrants, June and December, 1925
5,386.00
General Tax Warrant, Sept. 4, 1925
448,341.52
Moth Tax, Sept. 4, 1925
1,070.65
General Tax Warrant, Dec. 10, 1925
300.44
Interest collected, account 1925 Tax 269.29
60
Interest collected, account 1925 Sewer
1.81
Sewer Commitment for 1925
3,441.97
uncollected sewer rentals, Dec. 31, 1924
87.90
Sewer rentals, Jan. 1, 1925
2,927.10
Sewer rentals, July 1, 1925
3,128.30
66 Sewer rentals, Sept. special readings
29.40
Advanced payments on apportioned sewer, 1922 Com- mitment
176.24
66 Advanced payments on apportioned sewer, 1924 Com- mitment 16.80
66 Interest on apportioned sewer, 1924
6.37
66 Sewer Betterment, Oct. 2, 1925
1,058.49
Sewer Betterment, Oct. 23, 1925
412.65
60 Received account redemption property
1,505.84
Costs and charges
611.00
Abatement charged back
30.00
66 Interest collected account sewer betterment .33
$597,498.05
-
120,264.70
315
IN ACCOUNT WITH TOWN OF READING
Cr.
Amount paid Treasurer account 1921 Tax
$ 179.45
uncollected 1921 Tax
46.62
paid Treasurer account 1922 Tax 97,61
abated account 1922 Tax
89.98
uncollected account 1922 Tax
257.19
paid Treasurer account 1923 Tax
1,393.04
abated account 1923 Tax
118.29
66 uncollected account 1923 Tax
366.75
66 paid Treasurer account 1924 Tax
121,862.45
abated account 1924 Tax
516.35
transferred to Tax Title account, 1924 Tax
2,369.55
66 transferred to Tax Title account, 1924 Sewer
10.26
uncollected account 1924 Tax
1,388.41
66 paid Treasurer account 1925 Tax
316,638.36
abated account 1925 Tax
2,144.87
transferred to Tax Title account, 1925 Tax
439.31
uncollected account 1925 Tax
136,145.36
paid Treasurer account 1925 Sewer
2,333.94
uncollected account 1925 Sewer
1,109.84
paid Treasurer account 1924 Sewer Rentals
78.60
transferred to Tax Title account, 1924 Sewer
9.30
paid Treasurer account 1925 Sewer Rentals
5,909.60
uncollected account 1925 Sewer Rentals 175.20
paid Treasurer advanced payments on app. Sewer ..
199.41
paid Treasurer account 1925 Sewer Betterments . .
985.61
to be apportioned account 1925 Sewer Betterment in 1926 261.81
66 unapportioned account 1925 Sewer Betterment in '26 paid Treasurer account interest 1925 Sewer Betterment
223.72
.33
66 paid Treasurer account redemption property
1,505.84
paid Treasurer account costs and charges
508.35
paid Constable account costs and charges
102.65
paid Treasurer abatement charged back
30.00
$597,498.05
GRACE V. VIALL, Collector of Taxes.
Reading, Mass., Dec. 31, 1925.
Approved : Leon G. Bent, Town Accountant.
1
INDEX
-
Page
Accountant
Board of Assessors
235 75
Board of Health
72
Board of Public Welfare
58
Board of Public Works
84
Board of Selectmen
56
Chief of Fire Department
63
Chief of Police
60
Collector
314
Custodian of Veterans' Graves
71
Demonstration Work in Agriculture and Home Economics
74
Electric Light Commissioners
181
Forest Warden
66
Inspector of Animals
230
Inspector of Building
67
Inspector of Milk
229
Inspector of Plumbing
73
Inspector of Wires
68
List of Jurors
8
Public Library 216
School Committee
127
Sealer of Weights and Measures
227
Superintendent of Fire Alarm
224
Town Clerk, Town Meetings
11
Town Clerk, Dogs Licensed
40
Town Clerk, Births Registered
42
Town Clerk, Marriages Registered
47
Town Clerk, Deaths Registered
52
Town Counsel 231
Town Officers
3
Treasurer
232
Tree Warden
70
Trustees of Laurel Hill Cemetery
78
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