USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1930 > Part 20
Note: The text from this book was generated using artificial intelligence so there may be some errors. The full pages can be found on Archive.org (link on the Part 1 page).
Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 | Part 16 | Part 17 | Part 18 | Part 19 | Part 20 | Part 21 | Part 22
1,313.65
Total Payments
$ 8,869.98
$ 8,869.98
Care of Dumps
Cr.
Appropriation
Dr.
Pay Roll
$ 149.41
Anchor Fence Co.
343.00
.
Total Payments
$ 492.41
$
3,000.00
$ 500.00
1
13,289.28
Pay Roll
296
Balance to Revenue
7.59
. .
$ 500.00 $ 500.00
Street Lighting Cr.
Appropriation
Dr.
Municipal Light Dept.
$ 12,000.00
$ 12,000.00
$ 12,000.00
Board of Public Welfare Clerical
Cr.
Appropriation
Dr.
Leon G. Bent $ 352.00
$ 352.00 $ 352.00
Board of Public Welfare Visitor
Cr.
Appropriation
Dr.
Helen A. Brown $ 600.00
$ 600.00 $ 600.00
Board of Public Welfare Aid, Board and Care Cr.
Appropriation
$ 14,500.00 662.90
Receipts, Hospital Fund
Dr.
Cash and Board
$ 7,387.01
Rent
781.25
Fuel and Groceries
2,354.24
Hospital and Medical
1,276.66
Comm. of Mass., Other Cities and Towns
2,474.02
All Other
353.21
Total Payments
$ 14,626.39
Balance to Revenue
536.51
Total Payments
$ 15,162.90
$ 15,162.90
$ 12,000.00
$ 352.00
$ 600.00
297
Mothers' Aid Cr.
Appropriation
4,000.00 $
Transfer from Reserve Fund
100.00
Dr.
Cash
$ 3,171.00
Fuel and Groceries
515.63
Medical
173.30
Rent
210.00
Total Payments
$ 4,069.93
Balance to Revenue
30.07
$ 4,100.00 $ 4,100.00
Temporary Aid Cr.
Appropriation
$ 3,000.00
Transfer from Reserve Fund
250.00
Dr.
Cash
$ 1,459.00
Rent
300.00
Fuel and Groceries
1,240.40
Medical
191.70
All Other
43.91
Total Payments
$ 3,235.01
Balance to Revenue
14.99
$ 3,250.00 $ 3,250.00
State Aid
Cr.
Appropriation
$
200.00
Dr.
Cash Payments :
Acct. Civil War
$ 72.00
Acct. Philippine Service
36.00
Total Payments
$ 108.00
Balance to Revenue
92.00
$ 200.00 $ 200.00
298
Military Aid Cr.
Appropriation
$
300.00
Dr.
Cash Payments :
Acct. World War
$
5.00
Balance to Revenue
295.00
Soldiers' Relief Cr.
$
7,200.00
Transfer from Reserve Fund
1,200.00
Dr.
Cash Payments :
Acct. Civil War
$ 972.00
Acct. Spanish War
560.00
Acct. Philippine Service 624.00
Acct. World War
4,701.00
Rent, Acct. World War
200.00
Fuel,Groceries, Acct. World War
986.96
Medical and Hospital, Acct. World War
45.50
Other Cities and Towns
122.25
All Other
165.45
Total Payments
$ 8,377.16
Balance to Revenue
22.84
$ 8,400.00
$ 8,400.00
SCHOOL DEPARTMENT General Salaries Cr.
$179,500.00
Appropriation
Dr.
Pay Roll, Supt. Tea. and Clerical
$157,759.47
Medical Inspection
1,000.00
School Nurses
3,187.00
Attendance Officer
500.00
Janitors
15,813.00
Total Payments
$178,259.47
Balance to Revenue
1,240.53
$179,500.00
$179,500.00
Appropriation
$ 300.00 $ 300.00
299
General Maintenance Cr.
Appropriation
Dr.
Transportation
$ 6,599.00
Tuition
52.00
Books
5,475.94
Supplies for Pupils
7,441.00
Apparatus for Teaching
774.64
Administrative Expense
4,224.51
Fuel
6,930.88
Gas and Electricity
2,427.79
Water and Sewer
1,512.95
Janitor Supplies
1,988.42
Repairs
11,981.91
Ashes and Trucking
551.81
Total Payments
$ 49,932.63
Balance to Revenue
5,317.37
$ 55,250.00
$ 55,250.00
Agricultural Department, Maintenance
Cr.
$ 300.00
Appropriation
Dr
$ 261.33
Balance to Revenue
38.67
$ 300.00 $ 300.00
Agricultural Department, Salaries
Cr.
Appropriation
$ 2,800.00
Pay Roll
$ 2,696.64
Balance to Revenue
103.36
$ 2,800.00
$ 2,800.00
Vocational Tuition Cr.
Appropriation $ 1,050.00
$ 55,250.00
Books, etc.
Dr.
300
Dr.
City of Boston
$ 583.82
City of Somerville
404.52
Town of Wakefield
51.87
Total Payments
$ 1,040.21
Balance to Revenue
9.79
$ 1,050.00
$ 1,050.00
Public Library Maintenance
Cr.
Appropriation
$ 3,200.00
Dr.
Books, Periodicals and Binding
$ 2,188.97
Printing and Stationery
135.71
Fuel, Light, Water and Sewer
271.05
Repairs and Furnishings
312.02
Telephone
40.57
All Other Expenses
200.77
Total Payments
$ 3,149.09
Balance to Revenue
50.91
$ 3,200.00
$ 3,200.00
Public Library, Salaries
Cr.
Appropriation
$ 4,800.00
Dr.
Bertha L. Brown, Librarian
$ 1,500.00
Grace J. Abbott, Asst. Librarian
1,100.00
Other Assistants
1,257.15
W. H. Killam, Janitor
780.00
Total Payments
$ 4,637.15
Balance to Revenue
162.85
$ 4,800.00
$ 4,800.00
PARK DEPARTMENT
Maintenance Cr.
Appropriation
$ 5,000.00
301
Dr.
Pay Roll
$ 2,271.87
Telephone
8.02
Repairs
382.76
Supplies
476.48
Insurance
80.58
All Other
1,773.38
Total Payments
$ 4,993.09
Balance to Revenue
6.91
$ 5,000.00
$ 5,000.00
CEMETERY DEPARTMENT Laurel Hill Cemetery Cr.
Appropriation from Tax Levy
$ 8,900.00
Appropriation from Cemetery Reserve Fund . .
2,500.00
Transfer from Cemetery Bequest Fund
1,645.97
Transfer from Geo. F. Buck Fund
6.48
Dr.
Pay Roll
$ 9,388.81
Telephone
92.34
Material and Supplies
959.02
Equipment and . Repairs
2,036.21
Auto Expense
160.34
Insurance
264.50
All Other
143.42
Total Payments
$ 13,044.64
Balance to Revenue
7.8
$ 13,052.45
$ 13,052.45
Forest Glen Cemetery
Cr.
Appropriation
$
1,250.00
Dr.
Pay Roll
$ 439.65
Wall Construction
614.38
Planting Shrubs
144.95
All Other
51.00
302
Total Payments
Balance to Revenue
$ 1,249.98 .02
$ 1,250.00
$ 1,250.00
Care of Soldiers' Graves
Cr.
Appropriation
Dr.
Pay Roll
$ 464.00
Material, etc.
136.00
$ 600.00 $ 600.00
WATER DEPARTMENT Cr.
Balance from 1929
Receipts, 1930
Dr.
Pay Roll
$ 20,142.65
Clerical
988.00
Bonds
10,000.00
Interest on Bonds
2,582.50
Telephones
223.02
Insurance
771.17
Office Supplies and Printing
528.64
Fuel
2,522.36
Power
3,165.23
Supplies
13,827.57
Tools and Equipment
1,306.29
Repairs
416.49
Auto Equipment and Repairs
378.17
Investigation
8,514.90
All Other
7,387.23
Total Payments
$ 72,754.22
Balance to 1931
1,290.26
$ 74,044.48
$ 74,044.48
WATER MAINS, EXTENSIONS
Cr.
Balance from 1929
$ 1,222.58
Dr.
Pay Roll
$ 1,222.58
$ 1,222.58 $ 1,222.58
.
$ 600.00
$ 16,806.97 57,237.51
303
WATER DEPARTMENT New Stand Pine Cr.
Appropriation Bond Issue
$ 35,000.00
Premium
231.00
Accrued Interest
58.33
Dr.
Pay Roll
$ 555.97
Payments on Contract
29,357.86
Total Payments
$ 29,913.83
Balance to 1931
5,375.50
$ 35,289.33
$ 35,289.33
MUNICIPAL LIGHT DEPARTMENT
Cr.
Receipts, Meter Rates, etc.
$319,807.69
Dr.
Pay Roll
$ 88,746.91
Bonds and Notes
12,800.00
Interest on Bonds and Notes
3,266.00
Office and Salesroom Expenses
5,558.55
Current purchases
78,151.07
Maintenance and Operation of Lines
43,977.15
Insurance
5,391.74
Coal
4,512.60
Rent
1,990.21
Additions to plant
38,612.67
All Other Payments
30,096.66
*Total Payments
$308,341.41
Transfer to Treasurer's Account
5,252.73
Balance to 1931
1,451.40
$319,807.69 $319,807.69 › *For List of Unpaid Bills see Mun. Light Dept. Report.
Construction Account
Cr.
Appropriation, Bond Issue
$ 15,000.00
Premium
99.00
Accrued Interest
25.00
304
Dr.
Pay Rolls
$ 1,498.97
Material and Supplies
8,515.91
Total Payments
10,014.88
Balance to 1931
5,109.12
$ 15,124.00
$ 15,124.00
JUNIOR HIGH SCHOOL BUILDING Construction and Equipment
Balance from 1929
Dr.
$ 101.66
$ 101.66 $ 101.66
MEMORIAL DAY OBSERVANCE
Cr.
Appropriation
Dr.
Band Hire
$ 165.00
Flowers
194.25
Printing
19.00
All Other
187.94
Total Payments
$ 566.19
Balance to Revenue
33.81
$ 600.00
$ 600.00
Cr.
Appropriation
Dr.
Mrs. Bertha Benjamin
$ 200.00
Chas. R. Henderson, M. D.
200.00
$ 400.00 $ 400.00
Middlesex County, Aid to Agriculture
Cr.
Appropriation
Dr.
Agricultural Extension Service $ 200.00
$ 200.00
$
200.00
Cr.
$ 101.66
Balance to 1931
$ 600.00
Child Welfare Work
$ 400.00
$ 200.00
,
305
Planning Board Expenses
Cr.
Appropriation Dr.
$
350.00
Mass. Fed. of Planning Boards
$ 15.00
Dallinger & Stearns
50.00
All Other
55.32
Total Payments
$ 120.32
Balance to Revenue
229.68
$ 350.00 $ 350.00
SMITH-HUGHES FUND
Cr.
Balance from 1929
$ 176.68
Receipts. 1930
185.70
Dr.
Pay Roll Agr. School Dept.
$ 176.68
Balance to 1931
185.70
$ 362.38 $ 362.38
GEORGE REED FUND
Cr.
Received, 1930
Dr.
Balance to 1931
$ 20.17
$ 20.17 $ 20.17
WORLD WAR MEMORIAL
Cr.
Balance from 1929
$
4,069.82
Balance to 1931
$
4,069.82
$ 4,069.82 $
4,069.82.
DRAINAGE SYSTEM SURVEY
Cr.
Balance from 1929
$
1,000.00
Pay Rolls
$ 687.49
Balance to 1931
312.51
$ 1,000.00 $ 1,000.00
Dr.
$ 20.17
Dr.
306
OVERDRAFT 1929
Cr.
Appropriation
$
82.98%
Dr.
Payments
$
82.98
$
82.98
$
82.98
Rent, Post 62, Am. Legion
Cr.
Appropriation
$
1,000.00
Reading Veterans' Association
$
1,000.00
$ 1,000.00 $ 1,000.00
PUBLIC PLAY GROUND, BIRCH MEADOW
Cr.
Appropriation
Dr.
$ 484.99
Land Purchase
450.00
Surveying
162.25
Steam Shovel
748.75
Recording Deeds
255.00
Supplies
421.12
Total Payments
$ 2,522.11
Transfer to Special Account
100.00
Balance to 1931
377.89
$ 3,000.00 $ 3,000.00
AMERICAN LEGION ENTERTAINMENT
Cr.
Appropriation from Reserve Fund
Dr.
National Convention Corp
$ 45.00
Entertaining
222.09
All Others
32.91
$ 300.00 $ 300.00
BUILDING LAWS EXPENSES
Appropriation
Cr.
$
400.00
$
300.00
1
Dr.
$
3,0,00.00
Pay Rolls
307
Dr.
Clerical work
$ 32.75
Stationery Balance to 1931
366.45
$ 400.00 $ 400.00
TERCENTENARY OBSERVANCE
Cr.
Appropriation
Dr.
Pageant
$ 2,356.80
Printing
344.25
All Others
197.55
Total Payments
$ 2,898.60
Balance to Revenue
101.40
$ 3,000.00 $ 3,000.00
ATHLETIC FIELD SURVEY
Cr.
Appropriation
Dr.
Davis & Abbott
$ 8.00
Balance to 1931
492.00
$ 500.00 $ 500.00
POLICE BUILDING CARE
Cr.
Appropriation from E. & D. Acct.
Dr.
$ 1.50
Fuel
31.63
Balance to Revenue
66.87
$ 100.00
$ 100.00
TOWN FOREST
Cr.
Appropriation
$ 1,500.00
Dr.
Pay Roll
$ 1,048.00
Legal Service
125.00
·
$ 500.00
$ 100.00
Pay Roll
.80
$ 3,000.00
308
Davis & Abbott
260.00
All Others
63.91
Total Payments
$ 1,496.91
Balance to Revenue
3.09
$ 1,500.00
$ 1,500.00
POLICE BUILDING
Cr.
Appropriation
$ 50,000.00 11.36
Central Eng. & Constr. Co
$ 34,353.09
Advertising
91.88
Architects Fees
2,907.42
Sewer Deposit
57.00
Insurance
307.50
All Others
3,477.58
Total Payments
$ 41,194.47
Balance to 1931
8,816.89
$ 50,011.36 $ 50,011.36
ACCOUNTING MUNICIPAL LOANS Temporary Loans, Anticipation of Revenue
Outstanding Jan. 1, 1930
$150,000.00
Notes Issued in 1930
Mon. By whom purchased
Rate
Amount
Mar. F. S. Moseley & Co.
3.79
$ 75,000.00
May First Nat'l., Old Colony Corp'n.
3.02
150,000.00
July
First Nat'l., Old Colony Corp'n.
2.32
100,000.00
Nov.
Second Nat'l. Bank, Boston
2.38
200,000.00
$525,000.00
$675,000.00
Notes paid in 1930
May
$100,000.00
June
50,000.00
Nov.
225,000.00
Dec.
100,000.00
$475,000.00
Outstanding Dec. 31, 1930
$200,000.00
Refund, Sewer Deposit
Dr.
309
WATER DEPARTMENT LOANS
Outstanding Jan. 1, 1930
$ 50,000.00 35,000.00
Bonds issued in 1930
Paid in 1930
Outstanding Dec. 31, 1930
$ 10,000.00 75,000.00
$ 85,000.00
$ 85,000.00
MUNICIPAL LIGHT DEPARTMENT LOANS
Outstanding Jan. 1, 1930
$ 67,300.00
Bonds issued in 1930
15,000.00
Paid in 1930
$ 12,800.00
Outstanding Dec. 31, 1930
69,500.00
$ 82,300.00
$ 82,300.00
SEWER DEPARTMENT LOANS
Outstanding Jan. 1, 1930
$143,000.00
Paid in 1930
$
9,000.00
Outstanding Dec. 31, 1930
134,000.00
$143,000.00
$143,000.00
MUNICIPAL BUILDING LOANS
Outstanding Jan. 1, 1930
$ 16,000.00
Paid in 1930
$ 2,000.00
Outstanding Dec. 31, 1930
14,000.00
$ 16,000.00 $ 16,000.00
MUNICIPAL AND LIBRARY BUILDING GROUNDS
Outstanding Jan. 1, 1930
$
1,500.00
Paid in 1930
$ 500.00
Outstanding Dec. 31, 1930
$ 1,000.00
$ 1,500.00 $ 1,500.00
BROWN ESTATE LOANS
Outstanding Jan. 1, 1930
$
1,500.00
Paid in 1930
Outstanding Dec. 31, 1930
$ 500.00 1,000.00
$ 1,500.00 $ 1,500.00
SCHOOL BUILDING LOANS
Outstanding Jan. 1, 1930
$230,000.00
Paid in 1930
Outstanding Dec. 31, 1930
$ 35,000.00 195,000.00
$230,000.00
$230,000.00
POLICE STATION LOANS
Bonds issued in 1930
$ 45,000.00
310
Outstanding Dec. 31, 1930
$ 45,000.00
$ 45,000.00
$ 45,000.00
FUNDED DEBT, BALANCING ACCOUNT
Total Debt Jan. 1, 1930
$509,300.00
Water Dept. Bonds issued 1930
35,000.00
Mun. Lt. Dept. Bonds issued 1930
15,000.00
Police Building Bonds issued 1930
45,000.00
Paid in 1930
Water Dept. Loans
$ 10,000.00
Mun. Lt. Dept. Loans
12,800.00
Sewer Dept. Loans
9,000.00
Mun. Building Loans
2,000.00
Mun. Bldg. and Library Loans
500.00
Brown Estate Loans
500.00
School Buildings Loans
35,000.00
Total Payments
$ 69,800.00
Total Debt Dec. 31, 1930
534,500.00
$604,300.00
$604,300.00
FUNDED DEBT MATURING IN 1930
Appropriation
$ 38,000.00
Transfer from Water Dept.
10,000.00
Transfer from Light Dept.
12,800.00
Transfer from Sewer Dept.
9,000.00
Payment of Loans due in 1930 :
Sewer Dept.
$ 9,000.00
Water Dept.
10,000.00
Municipal Light Dept.
12,800.00
Municipal Building
2,000.00
Brown Estate
500.00
Municipal Building and Library
500.00
School Buildings
35,000.00
$ 69,800.00
$ 69,800.00
FUNDED DEBT MATURING IN 1931
Sewer Dept. Loans
$ 9,000.00
Water Dept. Loans
8,000.00
Light Dept. Loans
13,000.00
Municipal Building Loans
2,000.00
Municipal and Library Building Loans
500.00
Brown Estate Loans
500.00
School Building Loans
35,000.00
Police Building Loan
5,000.00
$ 73,000.00
TOWN DEBT
DETAIL OF PAYMENT BY YEARS
Year
Sewer
Dept.
Water
Dept.
Mun.
Light
Dept.
Police
Station
Mun.
Bldg.
School
Buildings
Brown
Lot
Mun. Bldg.
Grounds
Totals
1931
$ 9,000.00
$ 8,000.00
$13,000.00
$ 5,000.00
2,000.00
35,000.00
500.00
500.00
73,000.00
1932
9,000.00
8,000.00
13,000.00
5,000.00
2,000.00
34,000.00
500.00
500.00
72,000.00
1933
9,000.00
8,000.00
10,000.00
5,000.00
2,000.00
34,000.00
68,000.00
1934
9,000.00
8,000.00
8,000.00
5,000.00
2,000.00
34,000.00
66,000.00
1935
8,000.00
8,000.00
8,000.00
5,000.00
2,000.00
34,000.00
65,000.00
1936
8,000.00
5,000.00
5,000.00
5,000.00
2,000.00
24,000.00
49,000.00
1937
8,000.00
4,000.00
3,500.00
5,000.00
2,000.00
22,500.00
1938
8,000.00
4,000.00
3,500.00
5,000.00
20,500.00
1939
8,000.00
4,000.00
3,500.00
5,000.00
20,500.00
1940
8,000.00
4,000.00
2,000.00
14,000.00
1941
7,000.00
4,000.00
11,000.00
1942
7,000.00
4,000.00
11,000.00
1943
7,000.00
2,000.00
9,000.00
1944
7,000.00
2,000.00
9,000.00
1945
6,000.00
2,000.00
8,000.00
1946
6,000.00
6,000.00
1947
6,000.00
6,000.00
1948
2,000.00
2,000.00
1949
2,000.00
2,000.00
-
Totals
$134,000.00
$75,000.00
$69,500.00
$45,000.00
$14,000.00
$195,000.00
$1,000.00
$1,000.00
$534,500.00
.
.
.
40000
Lib. and
312
BORROWING CAPACITY
Total Valuation
Abatement Valuation
Net Valuation
1928
$15,040,325.00
$ 91,461.00
$14,948,864.00
1929
15,231,219.00
52,757.00
15.178,462.00
1930
15,830,425.00
32,267.00
15,798,158.00
1929 Excise
1,017,730.00
104,925.00
912,805.00
1930 Excise
1,061,090.00
50,271.00
1,010,819.00
Net valuation for three years
48,180,789.00
Average valuation for three years
16,060,263.00
3% of average valuation
481,807.89
Total Funded Debt
$534,500.00
Less Exempted Loans :
(Outside Debt Limit)
Water Dept
$ 75,000.00
Mun, Lt. Dept.
69,500.00
Sewer Dept.
134,000.00
School Bldg.
43,000.00
$321,500.00
$213,000.00
,
Borrowing Capacity, December 31, 1930
$268,807.89
ACCOUNTING TRUST FUNDS Balancing Account
Balance Jan. 1, 1930
$213,082.31
Cemetery Bequests
2,465.00
Interest and Income
10,102.94
Adjustment
25.71
Transferred for Hospital Care
$ 662.90
Payments for Hospital Care
3,791.63
Transferred for care of endowed cemetery lots
1,645.97
Reducing securities
2,578.00
Transferred for Scholarships
250.00
Adjustments
159.30
Balance Dec. 31, 1930
216,588.16
$225,675.96
$225,675.96
CEMETERY BEQUEST FUND
Cr.
Balance Jan. 1, 1930
$ 50,604.04
Bequests 1930
2,465.00
Interest and Income 1930
2,430.96
313
Dr.
Transferred for care of lots
$ 1,645.97
Transferred from Cash to adjust
125.00
Balance Dec. 31, 1930
53,729.03
$ 55,500.00 $ 55,500.00
HOSPITAL FUND
Cr.
Balance Jan. 1, 1930
$157,049.73
Interest and Income
7,415.91
Transfer from Cash to be refunded
25.71
Dr.
Transferred for Hospital care $ 4,454.53
Reducing securities
2,578.00
Adjustment
34.30
Balance Dec. 31, 1930
157,424.52
$164,491.35
$164,491.35
GEORGE F. BUCK FUND
Cr.
Balance Jan. 1, 1930
$ 40.68
Interest, 1930
1.94
Dr.
Balance Dec. 31, 1930
$ 42.62
$ 42.62 $ 42.62
READING HIGH SCHOOL SCHOLARSHIP FUND
Cr.
Balance Jan. 1, 1930
$
5,387.86
Interest, 1930
254.13
Dr.
Transferred for Scholarships $ 250.00
Balance Dec. 31, 1930 5,391.99
$ 5,641.99 $ 5,641.99
314
STATEMENT OF INVESTED FUNDS Cemetery Bequest Fund
Balance Dec. 31, 1930
$ 53,729.03
Investments Listed at Par :
12,000 U. S. Liberty Bonds, 4th 41/4's, 1933- 1938
$ 12,000.00
5,000 N. E. Tel. Tel. 1st Mort., 5's Series A 1952 5,000.00
5,000 No. Pac. Ry. Ref. & Imp., 6's Series B 2047 5,000.00
4,000 N. Y. C. R. R. Ref. Imp., 5's Series C. 2013 4,000.00
Blackstone Savings Bank
5,060.00
Boston Five Cent Savings Bank
2,858.13
Andover Savings Bank
3,565.98
Cambridge Savings Bank 3,479.04
Essex Savings Bank, Lawrence
3,565.98
Mech. Savings Bank, Reading
8,662.65
Mech. Savings Bank, Reading
537.25
$ 53,729.03 $ 53,729.03
READING HIGH SCHOOL SCHOLARSHIP FUND
Balance Dec. 31, 1930
$ 5,391.99
Investments :
Andover Savings Bank $ 1,000.00
v/ 5
Charlestown Five Cent Savings Bank 1,000.00
4 5.
Essex Savings Bank, Lawrence 1,000.00
First Nat'l Bank, Reading, Sav. Dept. 2,391.99
$ 5,391.99 $ 5,391.99
GEORGE F. BUCK FUND
Balance Dec. 31, 1930
$ 42.62
Investment :
Mechanics Savings Bank $ 42.62
$ 42.62
$ 42.62
315
HOSPITAL FUND
Balance Dec. 31, 1930 $157,424.52
Investments, Securities listed at Par or Less :
$5,000 Am. Tel .- Tel. Col. Tr. 5's, 1946 .. $ 5,000.00
$5,000 Bos. & Albany R. R. Imp. of 1908 4's, 1933 4,798.00
$5,000 Boston Elevated, 5's, 1937 5,000.00
$5,000 Cent. Hudson Gas and Elec. 5's 1957 5,000.00
$5,000 Chicago B. & Q. R. R. Co., Ill., Div. "M" 31/2's 1949 4,347.50
$2,000 Conn. Lt. & Power Co., 1st Ref. S. F. 7's 1951 2,000.00
$5,000 Conn. Lt. & Power Co., 1st Ref. S F. 41/2's 1956 4,787.50
$5,000 Consumers' Power Co., 5's 1936 .. 5,000.00
$5,000 Consumers' Power Co. 41/2's, 1958 .. 5,000.00
$5,000 Consolidated Gas of Baltimore Gen. M. 41/2's, 1954 4,922.50
$5,000 Ill. Cent. R. R. Co., Tr. 4's, 1952 .. 4,437.50
$5,000 Ill. Cent. R. R. Co., St. Louis Div. 1st M 3's, 1951 3,800.00
$5,000 Kansas City Power & Lt. 41/2's, 1957
4,800.00
$5,000 East N. J. Power Co. 1st Mort. 5's, 1959 5,000.00
$5,000 Kings Co. Elec. Lt. & Power 5's 1937 5,000.00
$5,000 N. Y. Cent. & H. R. R. Deb. 4's, 1934 4,737.50 $5,000 N. Y. Tel. Co. 1st Gen. M. 41/2's 1939 4,950.00
$5,000 Old Colony R. R. 1st 5's, 1945 .. 5,000.00
$5,000 Pacific Gas & Elec. 41/2's, 1957 4,875.00
$5,000 St. Paul, Minn. & Man. Ry. 4's, 1933 4,831.25 $5,000 Penn. R. R. Co. Gen'1 Mort. 41/2's,1965 4,753.75
$5,000 Wisconsin Power & Light 5's, 1956 5,000.00
316
American Mfg. Co. Common 72 shares ..
7,200.00
Home Bleachery & Dye Works, Pfd. 2 Shares 11.00
Sharp Mfg. Co. Pfd. 55 Shares 1.00
Sharp Mfg. Co. Com. 20 Shares
1.00
Andover Savings Bank
5,943.38
Charlestown Five Cent Savings Bank
5,943.40
Essex Savings Bank, Lawrence 5,943.38
Mechanics Savings Bank, Reading 14,759.17
First Nat'l Bank, Reading, Savings Dept. 14,581.69
$157,424.52 $157,424.52
I hereby certify that, in accordance with the provisions of Section 53, Chapter 41, of the General Laws, I have audited the accounts of the Commissioners of Trust Funds, have examined the securities and verified bank balances and report the foregoing to be a true and accurate statement, December 31, 1930.
LEON G. BENT, Town Accountant.
BALANCE SHEET DECEMBER 31, 1930
Cash in Banks and Office
$ 90,838.69
Temporary Loans, Anticipation of Revenue
$200,000.00
Taxes, 1928
$
16.25
Overlays Reserved for Abatements
Taxes, 1929
932.19
For Taxes of 1928
$ 16.25
Taxes, 1930
178,771.33
For Taxes of 1929
932.19
Motor Vehicle Excise Tax, 1929
1,196.34
.. For Taxes of 1930
2,690.37
Motor Vehicle Excise Tax, 1930
5,234.04
Moth Assessments, 1930
426.25
$ 3,638.81
Sidewalk and Curbing Assess- ments, 1930
383.29
Sewer Assessments, 1929 .
81.04
Sewer Assessments, 1930 ·
659.84
Sewer Interest, 1929
14.57
Sewer Interest, 1930
100.72
Sewer Assessments
Unappor-
terest and Unapportioned As- sessments Revenue
3,195.55
Sewer Assessments Apportioned 1931 to 1939
2,716.09
Sewer Rentals
566.10
Sewer Rentals Revenue 566.10
Departmental Accounts Receivable
Revenue 9,887.04
Departmental Accounts Receivable Water Department Accounts Re- ceivable
$ 9,887.04
Water Department Accounts
Re-
ceivable Revenue 587.93
Municipal Light Department Ac- counts Receivable
33,649.32
Water Department Cash
100.00
1,290.26
.
Overlay Reserve Fund
$ 2,476.33
Motor Vehicle Excise Tax Revenue 426.25 Moth Assessments Revenue .. Sidewalk and Curbing Assessments Revenue 383.29
Sewer Assessments, 1929-1930, In-
tioned
2,339.38
Sewer Assessments Apportioned
1931-1939, Revenue 2,716.09
$193,437.43
587.93
Municipal Light Department Ac- counts Receivable Revenue .. Water Department Maintenance Ac- count
33,649.32
.
Taxes and Assessments Receivable
6,430.38
.
BALANCE SHEET DECEMBER 3 1, 1930
Municipal Light Department Cash
250.00
Water Department, New Stand Pipe Account 5,375.50
Municipal Light Department, Ad- vanced by Treasurer
13,978.19
Municipal Light Department, Main- tenance Account 1,451.40
Public Library Cash
15.00
Tax Titles Held by Town
8,499.67
Municipal Light Department, Con- struction Account
5,109.12
Payments 400.00
Sewer Department Maintenance
Cemetery Bequests, Deferred Pay-
and Construction Account ...
3,527.79
ments
312.50
Sewer Department, House Connec- tion Account 200.00
Cemetery Lots, Sales and Bequests Receivable Revenue 712.50
Smith-Hughes Fund
185.70
George Reed Fund
20.17
Cemetery Reserve Fund
3,595.90
Appropriation Balances forward to 1931
Junior High School Building .. $
101.66
World War Memorial 4,069.82
Land Damages ..
50.00
Building Laws Committee Ex-
penses
366.45
Athletic Field Survey 492.00
Drainage System Construction 156.19
Drainage System Survey ..
312.51
Birch Meadow Development ..
377.89
Birch Meadow Special Account 100.00
Police Building ..
8,816.89
Block System Survey
39.13
Cemetery Lots, Sales, Deferred
Hospital Fund Transfer Account .. 25.71
-
$ 14,882.54
Special Unemployment Fund
$ 55.00
Premium Account
202.81
Sale Land
748.25
Public Library Special Account .
22.60
Tax Titles Revenue
8,499.67
Excess and Deficiency Account ..
42,145.18
$351,981.48
$351,981.48
Net Founded Debt
DEBT ACCOUNTS
$534,500.00
Sewer Construction Loans
$134,000.00
Water Department Loans
75,000.00
Municipal Light Dept. Loans 69,500.00
Municipal Building Loans
14,000.00
Mun. Building and Library Loans
1,000.00
Brown Estate Loans
1,000.00
School Building Loans
195,000.00
Police Station
45,000.00
$534,500.00
$534,500.00
TRUST FUNDS
$216,588.16
Cemetery Bequest Fund
$ 53,729.03
George F. Buck Fund
42.62
Hospital Fund
157,424.52
Reading High School Scholarship Fund
5,391.99
$216,588.16
$216,588.16
Trust Funds, Cash and Securities ..
320
REPORT OF THE COLLECTOR OF TAXES
Taxes 1928
Uncollected December 31, 1929
$ 1,566.93
Interest collected
190.65 $
Paid Treasurer
1,678.03
Abated
63.30
Uncollected December 31, 1930
16.25
$ 1,757.58 $ 1,757.58
Taxes 1929
Uncollected December 31, 1929
$158,578.64
Interest collected
5,890.38
Paid Treasurer
$159,899.27
Abated
738.00
Transferred to Tax Title Account
1,607.61
Uncollected December 31, 1930
2,224.14
$164,469.02
$164,469.02
Taxes 1930
General Tax Warrant
$529,489.75
Interest collected
326.46
Paid Treasurer
$339,717.22
Abated
2,008.64
Transferred to Tax Title Account
2,898.17
Uncollected December 31, 1930
185,192.18
$529,816.21
$529,816.21
Sewer Rentals
Uncollected December 31, 1929
$ 227.70
Commitment January and July 1930
9,083.99
Interest collected
22.64
Paid Treasurer
8,768.23 $
Uncollected December 31, 1930
566.10
$ 9,334.33 $ 9,334.33
Sewer Betterment
Commitment March 28, 1930
$ 259.35
Commitment October 31, 1930
2,661.41
Paid Treasurer
$ 386.96
Apportioned
118.08
Transferred to deferred payments
2,415.72
$ 2,920.76 $ 2,920.76
321
Sidewalk Betterment
Commitment October 17, 1930
$ 770.53
Paid Treasurer
$ 387.24
Transferred to deferred payments
383.29
$ 770.53
$ 770.53
Recapitulation
Total receipts from taxes and assessments :
Taxes
$467,392.92
Sewer assessments
11,172.41
Motor vehicle excise
25,550.18
Sidewalk
387.24
Interest
6,432.67
Costs and charges
872.60
Sale of property
22.00
$511,830.02
Paid to the Treasurer as per Treasurer's receipts
$511,830.02
GRACE V. VIALL, Collector of Taxes.
REPORT OF TREASURER
For the year ended December 31, 1930.
The transactions in the General Cash Account in summary form, were as follows :
Balance January 1, 1930
$ 49,341.28
Receipts :
Grace V. Viall, Collector
$511,830.02
Municipal Light Department
319,807.69
Water Department
57,207.19
Sewer Dept. Guarantee Deposits
2,167.41
School Department
20,050.45
Cemetery Department
6,856.44
Tree Warden and Moth Dept.
2,193.25
Other Departmental Receipts
15,844.51
Temporary Loans in Anticipation of Revenue
525,000.00
Bond Issues
95,000.00
Bond Premium and Interest
785.33
Trust Funds Income
6,707.00
Trust Funds Transfers
9,684.96
Interest on Deposits
1,666.74
Redemption of Property : Taxes, interest and costs
5,583.05
1
1
322
Commonwealth of Mass. Taxes 85,313.31 Miscellaneous Receipts 5,280.39
Total Receipts
$1,670,977.74
$1,720,319.02
Disbursements :
Temporary Loans $ 475,000.00
Notes and Bonds, Funded Debt 69,800.00
Interest on Funded Debt 22,841.00
Discount on Notes
9,862.00
State Taxes and Assessments 25,970.10
County Taxes
24,423.85
Other Disbursements
1,001,583.38
Total Disbursements
1,629,480.33
Balance December 31, 1930 $ 90,838.69
Funded Debt
Outstanding January 1, 1930
$
509,300.00
Bonds & Notes Issued in 1930
95,000.00
$ 604,300.00
Bonds & Notes Paid in 1930
$
69,800.00
Outstanding December 31, 1930
534,500.00
$ 604,300.00
Notes Issued in Anticipation of Revenue
Outstanding January 1, 1930
Need help finding more records? Try our genealogical records directory which has more than 1 million sources to help you more easily locate the available records.