USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1932 > Part 20
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40.10
Supplies
543.90
Insurance
404.68
Fence
915.20
Total Payments
$ 3,998.09
Balance to Revenue
1.91
$ 4,000.00 $ 4,000.00
Cemetery Department-Laurel Hill Cemetery Cr.
Appropriation from Tax Levy
$ 8,900.00
Appropriation from Cemetery Reserve
2,000.00
Receipt from Cemetery Bequest Fund
2,099.51
Dr
Pay Roll
$ 9,590.87
Telephone
94.69
Material and Supplies
791.09
Equipment and Repairs
2,035.95
Auto Expense
193.04
Insurance
227.93
All Other
64.71
Total Payments
$ 12,998.28
Dr.
271
Balance to Revenue
1.23
$ 12,999.51
$ 12,999.51
Forest Glen Cemetery
Cr.
AAppropriation
Dr.
Pay Roll
$ 598.70
All Other
149.61
Total Payments
$ 748.31
Balance to Revenue
1.69
$ 750.00 $ 750.00
Care of Soldiers' Graves
Cr.
Appropriation
Dr.
Pay Roll
$ 592.65
Material
7.35
$ 600.00
$ 600.00
Water Department
Cr.
Balance from 1931
$ 8,097.49
Appropriation
60,600.00
Dr.
Pay Roll
$ 12,304.72
Clerical
1,479.91
Bonds
16,000.00
Interest on Bonds
4,202.50
Telephones
133.47
Insurance
889.35
Office Supplies and Printing
359.00
Fuel
62.90
Power and Light
4,329.23
Supplies
9,446.01
Tools and Equipment
269.44
Repairs
556.98
Auto Equipment and Repairs
358 96
New Wells Contract
1,987.00
All Other
658.11
Total Payments
$ 53,037.58
$ 750.00
$ 600.00
272
Balance to Water Reserve 15,659.91
$ 68,697.49
$ 68,697.49
New Water Supply Bond Issue 1931 Cr.
Balance from 1931
$ 3,853.91
Dr.
Pay Roll
$ 721.86
Contractors
1,778.52
All Other
1,353.53
$ 3,853.91 $ 3,853.91
Water System Extension Bond Issue of 1931 Cr.
Balance From 1931
Dr.
$
371.86
Balance to Water Reserve
$
10.61
Municipal Light Department Cr.
Balance from 1931
$ 2,197.85
Receipts, Meter Rates, etc.
318,143.00
Transfer Bond Issue, 1930
2,051.37
Refund
5.93
Dr.
Pay Roll
$ 92,078.14
Bond and Note Payments
15,000.00
Interest on Bonds and Notes
3,672.50
Office and Salesroom Expenses
7,288.81
Current purchased
81,301.21
Maintenance and Operation of lines
40,727.64
Insurance
4,965.76
Coal
551.71
Rent
1,843.10
Additions to plant
30,545.01
All other payments
29,108.18
$307,082.06
7,468.62
Total Payments
$314,550.68
$ 382.47
Contractors
$ 382.47
$ 382.47
273
Balance to 1933
7,847.47
$322,398.15
$322,398.15
*For list of unpaid bills see Municipal Light Dept., report. Memorial Day Observance Cr.
Appropriation
Dr.
Flags
$ 24.00
Band Hire
165.00
Flowers
215.75
Printing
19.00
All Other
155.95
Total Payments
579.70
Balance to Revenue
20.30
$ 600.00
$ 600.00
Child Welfare Work
Cr.
Appropriation
Dr.
$ 180.00
Ethel E. Macomber
220.00
Planning Board Expenses
Cr.
Appropriation
Dr.
Mass. Fed. of Planning Boards
$ 15.00
Printing
109.25
All others
54.63
Total Payments
$ 178.88
Balance to Revenue
71.12
Smith-Hughes Fund
Cr.
Balance from 1931
$ 175.96
Receipts 1932
346.31
Dr.
.
Pay Roll Agr. School Dept.
$
175.96
$ 400.00
Chas. R. Henderson, M. D.
$ 400.00
$ 400.00
$ 250.00
$ 250.00 $ 250.00
$
600.00
274
Balance to 1933
346.31
$ 522.27
$ 522.27
George Reed Fund Cr.
Balance from 1931
$ 38.23
Receipts 1932
37.15
Dr.
Pay Roll Agr. School Dept.
$ 38.23
Balance to 1933
37.15
$ 75.38
$ 75.38
Drainage System Survey Cr.
Balance from 1931
$ 72.50
Balance to 1933
$ 72.50
$ 72.50
$ 72.50
Athletic Field Survey Cr.
Balance from 1931
$ 623.85
Dr.
H. Raymond Johnson
$ 6.50
W. F. Turner
10.00
A. Chandler Manning
504.63
Total Payments
$ 521.13
Balance to 1933
102.72
$ 623.85
$ 623.85
Town Forest Cr.
Appropriation
Dr.
Payrolls
$ 108.40
All Others
41.28
Total Payments
$ 149.68
Balance to Revenue
.32
$ 150.00 $ 150.00
Underground Wire Installation Reading Square Cr. $ 700.00
Appropriation
$ 150.00
275
Dr.
Niles Company
$ 692.50
Balance to Revenue
7.50
$ 700.00
$ 700.00
Birch Meadow Playground
Cr.
$ 100.00
Pay Rolls
$ 49.08
Other Payments
35.45
Balance to Revenue
15.47
$ 100.00 $ 100.00
Land Development-Junior High School
Cr.
Appropriation
Dr.
$ 3,353.85
Ernest Herman
45.00
Balance to 1933
101.15
$ 3,500.00
$ 3,500.00
Rent, Post 62, American Legion
Cr.
Appropriation
Dr.
$ 1,000.00
$ 1,000.00 $ 1,000.00
ACCOUNTING MUNICIPAL LOANS Temporary Loans, Anticipation of Revenue Outstanding Jan. 1, 1932 $250,000.00
Notes Issued in 1932
Month By whom purchased
Rate Amount
Apr. Second National Bank, Boston .. 5.00
$175,000.00
May Second National Bank, Boston .. 3.00
75,000.00
May Second National Bank, Boston ..
2.90
125.000.00
Nov. Second National Bank, Boston .. 3.00
200,000.00
$575,000.00
$825,000.00
Appropriation
Dr
$ 3,500.00
Dominick Zanni
$ 1,000.00
Reading Veterans' Association
276
Notes paid in 1932
Apr.
$100,000.00
May
150,000.00
Nov.
250,000.00
Dec.
125,000.00
$625,000.00
Outstanding Dec. 31, 1932 Water Department Loans
$ 200,000.00
Outstanding Jan. 1, 1932
$117,000.00
Paid in 1932
$ 16,000.00
Outstanding Dec. 31, 1932
$101,000.00
$117,000.00 $117,000.00
Municipal Light Department Loans
Outstanding Jan. 1, 1932
$ 96,500.00
Paid in 1932
$ 15,000.00
Outstanding Dec. 31, 1932
81,500.00
$ 96,500.00 $ 96,500.00
Sewer Department Loans
Outstanding Jan 1, 1932
$125,000.00
Paid in 1932
$ 9,000.00
Outstanding Dec. 31, 1932
116,000.00
$125,000.00
$125,000.00
Municipal Building Loans
Outstanding Jan. 1, 1932
$ 12,000.00
Paid in 1932
$ 2,000.00
Outstanding Dec. 31, 1932
10,000.00
$ 10,000.00 $ 10,000.00
School Building Loans
Outstanding Jan 1, 1932
$160,000.00
Paid in 1932
$ 34,000.00
Outstanding Dec. 31, 1932
$126,000.00
$160,000.00
$160,000.00
Police Station Loans
Outstanding Jan. 1, 1932
$ 40,000.00
Paid in 1932
$ 5,000.00 35,000.00
Outstanding Dec. 31, 1932
$ 40,000.00 $ 40,000.00
277
Funded Debt, Balancing Account
Total Debt Jan. 1, 1932 $551,500.00
Paid in 1932
Water Dept. Loans
$ 16,000.00
Mun. Lt. Dept. Loans
15,000.00
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
34,000.00
Police Building Loans
5,000.00
Total Payments
$ 82,000.00
Total Debt. Dec. 31, 1932
469,500.00
$551,500.00
$551,500.00
Funded Debt Maturing in 1932
Appropriation
$ 42,000.00
Transfer from Water Dept.
16,000.00
Transfer from Light Dept.
15,000.00
Transfer from Sewer Dept.
9,000.00
Payment of Loans due in 1932 :
Sewer Dept.
$ 9,000.00
Water Dept.
16,000.00
Municipal Light Dept.
15,000.00
Municipal Building
2,000.00
Brown Estate
500.00
Municipal Building and Library
500.00
School Buildings
34,000.00
Police Building
5,000.00
$ 82,000.00 $ 82,000.00
Funded Debt Maturing in 1933
Sewer Dept. Loans
$ 9,000.00
Water Dept. Loans
15,000.00
Light Dept. Loans
12,000.00
Municipal Building Loans
2,000.00
School Building Loans
.
34,000.00
Police Building Loans
5,000.00
$ 77,000.00
TOWN DEBT DETAIL OF PAYMENTS BY YEARS
Year
Sewer
Dept.
Water
Dept.
Mun. Lt.
Dept.
Police
Station
Mun. Bldg
School
Bldg.
Total
1933
9,000.00
15,000.00
12,000.00
5,000.00
2,000.00
34,000.00
77,000.00
1934
9,000.00
13,000.00
10,000.00
5,000.00
2,000.00
34,000.00
73,000.00
1935
8,000.00
13,000.00
10,000.00
5,000.00
2,000.00
34,000.00
72,000.00
1936
8,000.00
10,000.00
7,000.00
5,000.00
2,000.00
24,000.00
56,000.00
.937
8,000.00
6,000.00
5,500.00
5,000.00
2,000.00
26,500.00
1938
8,000.00
6,000.00
5,500.00
5,000.00
24,500.00
1939
8,000.00
6,000.00
5,500.00
5,000.00
24,500.00
1940
8,000.00
6,000.00
4,000.00
18,000.00
1941
7,000.00
6,000.00
2,000.00
15,000.00
1942
7,000.00
6,000.00
2,000.00
15,000.00
1943
7,000.00
4,000.00
2,000.00
13,000.00
1944
7,000.00
4,000.00
2,000.00
13,000.00
1945
6,000.00
4,000.00
2,000.00
12,000.00
1946
6,00.00
2,000.00
2,000.00
10,000.00
1947
6,000.00
2,000.00
8,000.00
1948
2,000.00
2,000.00
4,000.00
2,000.00
2,000.00
4,000.00
950
2,000.00
2,000.00
1951
2,000.00
2,000.00
$116,000.00 $101,000.00 $ 81,500.00 $
35,000.00 $ 10,000.00
$126,000.00
$469,500.00
1949
279
BORROWING CAPACITY
Abatements Net Valuation
1930
Valuation $15,830,425.00
$62,286.00
$15,768,139.00
Excise
869,303.00
69,136.00
800,167.00
1931
16,189,449.00
89,151.00
16,100,298.00
Excise
788,245.00
55,763.00
732,482.0)
1932
16,613,922.00
67,077.00
16,546,845.00
Excise
646,437.00
32,763.00
613,674.00
$50,937,781.00
$376,176.00
$50,561,605.00
Net Val. for 3 yrs.
$50,561,605.00
Aver. Val. for 3 yrs
16,853,868.00
3% of Aver. Val.
505,616.05
Net Funded Debt
$469,500.00
Less loans outside
debt limit
325,500.00
144,000.00
Borrowing Capacity Dec. 31, 1932
$361,616.05
ACCOUNTING TRUST FUNDS Balancing Account
Balance January 1, 1932
$225,315.85
Cemetery Bequests
2,842.50
Interest and Income
10,472.33
Library Bequest
1,000.00
Payments for Hospital Care
$ 6,852.35
Transferred for care of Endowed Cemetery Lots
2,099.51
Securities Reduced
7,199.00
Transferred for Scholarships
490.00
Adjustments
1,034.28
Balance Dec. 31, 1932
221,955.54
$239,630.68
$239,630.68
Cemetery Bequest Fund
Balance January 1, 1932
$ 57,406.72
Bequests 1932
2,842.50
Interest and Income, 1932
2,560.06
Transferred for care of Endowed Lots
$ 2,099.51
Balance December 31, 1932
60,709.77
$ 62,809.28
$ 62,809.28
Hospital Fund
Balance January 1, 1932
$162,587.64
Interest and Income
7,198.52
Securities Reduced
$ 7,199.00
500.00
280
Adjustments
1,034.28
Expended for Hospital Care
6,852.35
Balance December 31, 1932
155,200.53
$170,286.16 $170,286.16
Library Fund
Bequest, Estate of Horace G. Wadlin
$ 1,000.00
Interest
8.75
Balance December 31, 1932
$
1,008.75
$ 1,008.75
$ 1,008.75
Reading High School Scholarship Fund
Balance January 1, 1932
$ 5,321.49 205.00
Interest 1932
Expended for Scholarships
$ 490.00
Balance December 31, 1932
5,036.49
$ 5,526.49 $ 5,526.49
STATEMENT OF INVESTED FUNDS
Cemetery Bequest Funds
Balance Dec. 31, 1932
$ 60,709.77
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, Boston
5,497.22
Home Savings Bank, Boston
4,232.66
Boston Five Cents Savings Bank
6,458.60
Andover Savings Bank
3,878.83
Cambridge Savings Bank
3,812.18
Essex Savings Bank, Lawrence
3,916.94
Mech. Savings Bank, Reading
5,867.59
Mech. Savings Bank, Reading
1,045.75
$ 60,709.77
$ 60,709.77
281
Reading High School Scholarship Fund
Balance Dec. 31, 1932
$ .. 5,036.49
Investments :
Andover Savings Bank $ 1,000.00
Charlestown Five Cent Savings Bank 3,000.00
Essex Savings Bank, Lawrence 1,000.00
First Nat'l Bank, Reading, Sav. Dept. 36.49
$ 5,036.49 $ 5,036.49
Hospital Fund
Balance Dec. 31, 1932 $155,200.53
Investments, Securities listed at Par or less :
$5,000 Am. Tel .- Tel. Cor. Tr. 5's, 1946 .. $ 5,000.00
$5,000 Bos. & Albany R. R. Imp. of 1908 4's, 1933 5,000.00
$5,000 Boston Elevated, 5's, 1937 5,000.00
5,000 Cent. Hudson Gas & Elec. 5's, 1957 5,000.00 $5,000 Chicago B & Q. R. R. Co., Ill., Div. "M" 31/2's 1949 5,000.00
$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 5,000.00
$5,000 Consumers' Power Co., 5's 1936 .. 5,000.00
$5,000 Consumers' Power Co., 4 1/2's 1958 5,000.00
$5,000 Consolidated Gas of Baltimore Gen. M. 41/2's, 1954 5,000.00
$5,000 Ill. Cent. R. R. Co., Tr. 4's 1952 .. 5,000.00
$5,000 Ill. Cent. R. R. Co., St. Louis Div. 1st M 3's, 1951 5,000.00
$5,000 Kansas City Power & Lt. 41/2's, 1957 5,000.00
$5,000 U. S. Treasury Bond 4 1/4's, 1952 .. 5,000.00
$5,000 iKngs Co. Elec. Lt & Power 5's 1937 5,000 00 $5,000 N. Y. Cent & H. R. R. Deb. 4's 1934 5,000.00
$5,000 N. Y. Tel. Co. 1st Gen. M. 41/2's 1939 5,000.00
232
$5,000 Old Colony R. R. 1st 5's, 1945 5,000.00
$5,000 Pacific Gas & Elec. 41/2's, 1957 5,000.00
$5,000 St. Paul, Minn. & Man. Ry. 4's 1933 5,000.00 $5,000 Penn R. R. Co. Gen'l Mort. 41/2's 1965 5,000.00
American Mfg. Co. Common 72 shares .. 1.00
Home Bleachery & Dye Works, Pfd. 2 Shares 11.00
Sharp Mfg. Co. Pfd. 55 Shares 1.00
Sharp Mfg. Co. Com. 20 Shares (10921300) 1.00
Andover Savings Bank 6,464.85
Charlestown Five Cents Savings Bank ..
6,528.39
Essex Savings Bank, Lawrence 6,528.35
Mechanics Savings Bank, Reading 16,054.18
First Nat'l Bank, Reading, Savings Dept.
17,610.76
$155,200.53 $155,200.53
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, 1932.
LEON G. BENT, Town Accountant.
BALANCE SHEET DECEMBER 31, 1932
Cash in Banks and Office
$ 46,866.31
Temporary Loans Overlays : For Taxes of 1932 1,509.89
$200,000.00
Taxes and Assessments Receivable : Taxes 1931
$
2,558.64
Taxes 1932
221,839.81
1,509.89
Old Age Assistance Tax
334.00
Overlay Reserve Fund
5,040.30
Motor Vehicle Excise Tax 1930
146.04
Motor Veh. Excise Tax Rev.
4,326.40
Motor Vehicle Excise Tax 1931
1,281.69
Moth Assessments Revenue
467.75
Motor Vehicle Excise Tax 1932
2,898.67
Sidewalk Curb. Ass'ts and Int.
Moth Assessments, 1931
20.00
Moth Assessments, 1932
447.75
Highway Betterment Ass't and Int. Revenue
1,826.41
Sewer Ass'ts Revenue
666.02
Sidewalk & Curb'g Ass'ts, 1932
485.82
Interest on same
55.03
Sewer Ass'ts Appor'n Rev. 1933- 1941
3,554.74
Sewer Assessments, 1931
3.48
Sewer Rentals Revenue
701.83
Sewer Assessments, 1932
498.72
Sidewalk Curb. Ass'ts Rev. 1933-
Sewer Interest
163.82
1941 2,107.59
Sewer Ass'ts, Appor'n 1933-1941
3,554.74
Sewer Rentals
701.83
Sidewalk & Curb. Ass'ts Appor'n 1933-1941
2,107.59
Water Dept. Acct's Rec. Rev. . 2,339.71
Mun. Light Dept. Acct's Rec. Rev. 29,066.43
Water Dept. Reserve
12,844.39
ment Unappor'n
1,556.59
Mun. Light Dept. Maint. Acct. ..
7,847.47
Highway Assessment Apor'n
Sewer Dept. Reserve
2,678.34
1932
260.20
Cemetery Lots, Sales and Bequests Rec. Revenue 337.50
Interest on samic
9.62
Revenue 1,566.33
Sidewalk and Curbing Assess- ments Unappor'n
1,025.48
Highway Betterment Ass't. Rev. 1933-1941 1,824.59
Departmental Acct's Rec. Rev. ..
42,188.08
Highway Betterment Assess-
BALANCE SHEET DECEMBER 31, 1932
Highway Betterment Ass'ts Ap- por'n 1933-1941 1,824.59
Smith-Hughes Fund 346.31 George Reed Fund 37.15
Cemetery Reserve Fund Appropriation Bal. forward to '33
3,012.17
$241,774.11
Junior High Sch. Bldg. $ 101.66
Junior High Sch. Land 101.15
World War Memorial ยท
4,069.82
Departmental Accts. Receivable ..
$ 42,188.08
Block System Survey
128.21
Water Dept. Accts. Receivable . .
2,339.71
Athletic Field Survey
102.72
Mun. Light Dept. Accts. Receivable
29,066.43
Water Dept. Cash
100.00
Drainage System Survey .
72.50
Mun. Light Dept. Cash
250.00
Fair Road Construction
713.89
Public Library Cash
15.00
Overdraft Overlay 1931
671.37
$
5,421.42
Tax Titles held by Town
16,423.27
Cemetery Lots, Deferred payments
187.50
Spec. Fund Voluntary Contribu's
$ 152.39
Spec. Unemploy. Fund Pub. Wel.
230.38
Spec. Unemploy. Fund Select'ns' Premium Account
450.39
Sale Land
748.25
Public Lib. Spec. Act
22.60
Tax Titles Revenue
16,423.27
Hospital Fund Trans. Acct. ...
100.35
Excess and Deficiency Acct. ...
31,757.71
$380,081.78
$380,081.78
Old Age Assistance Tax .. . .
50.00
485.62
Cemetery Bequests, Def'red paym'ts
150.00
Drainage System Construc. .. 131.47
. .
DEBT ACCOUNTS
Net Funded Debt
$469,500.00 Sewer Construction Loans $116,000.00
Water Dept. Loans 101,000.00
Municipal Light Dept. Loans .
81,500.00
Municipal Building Loans . .
10,000.00
School Building Loans
126,000.00
Police Station
35,000.00
$469,500.00
$469,500.00
TRUST FUNDS
Trust Funds, Cash and Securities .. $221,955.54
Cemetery Bequest Fund
$ 60,709.77
Hospital Fund
155,200.53
Reading H. S. Sch. Fund
5,036.49
Library Fund
1,008.75
$221,955.54
$221,955.54
286
REPORT OF COLLECTOR OF TAXES
Taxes 1929
Uncollected Dec. 31, 1931
$ 22.98
Paid Treasurer
$ 3.56
Abated
19.42
$ 22.98
$ 22.98
Taxes 1930
Uncollected Dec. 31, 1931
$ 2,788.16
Transferred from Tax Title to Tax Acct.
14.08
Interest Collected
313.85
Paid Treasurer
2,191.52
Abated
778.53
Uncollected Dec. 31, 1932
146.04
$ 3,116.09 $ 3,116.09
Taxes and Assessments 1931
Uncollected Dec. 31, 1931
$201,790.53
Transferred from Tax Title to Tax Acct.
40.50
Additional commitments
6.00
Refunds account of taxes
169.15
Interest Collected
8,217.63
Paid Treasurer
$199,032.87
Abated
2,248.65
Transferred to Tax Title Acct.
4,710.53
Transferred to Deferred Payments
339.69
I'ncollected Dec. 31, 1932
3,892.07
$210,223.81
$210,223.81
Taxes and Assessments 1932
General Tax Warrant
$567,004.78
Interest Collected
306.98
Refunds Account Taxes
811.76
Paid Treasurer
$331,581.96
Abated
3,765.19
Transferred to Tax Title Acct.
5,811.19
Uncollected Dec. 31, 1932
226,965.18
$568,123.52
$568,123.52
- 287
Sewer Rentals
Uncollected December 31, 1931
Commitments Jan. and July, 1932
Interest Collected
Paid Treasurer
$ 7,593.03 4.69
Abated
Uncollected Dec. 31, 1932
701.83
$ 8,299.60 $
8,299.60
Sidewalk and Curbing Betterment
Commitments June, July and Oct.
$ 1,928.04
Paid Treasurer
$ 273.82
Apportioned 1932 to 1941
586.10
Sidewalk Betterment Balance to 1933
1,025.48
Abated
42.64
$ 1,928.04
$ 1,928.04
Advanced Payment Apportioned Sidewalk
$ 31.35
Interest Collected
.48
Paid Treasurer
31.83
$ 31.83
$ 31.83
Highway Betterment
Commitment July and September
$ 3,551.10
Paid Treasurer
$ 13.50
Transferred to Deferred Payments
1,981.01
Highway Betterment Balance to 1933
1,556.59
$ 3,551.10
$ 3,551.10
Advanced Payment Apportioned Highway
$ 66.47
Paid Treasurer
$ 66.47
$ 66.47
$ 66.47
Sewer Betterment
Advanced Payment Apportioned Sewer
$ 49.81
Interest Collected
.12
Paid Treasurer
$ 49.93
$ 49.93
$ 49.93
$ 390.12 7,862.87 46.61
288
Recapitulation
Total receipts from taxes and assessments :
Taxes $503,714.41
Sewer Assessments and Int. 9,134.73
Sidewalk and Curbing Ass'ts & Int. 846.76
Highways Assessments and Int.
184.06
Motor Vehicle Assessments
18,072.91
Interest
8,885.67
Refunds, etc.
232.00
$541,070.54
Paid to the Treasurer as per Treasurer's
Receipts
$541,070.54
GRACE V. VIALL, Collector of Taxes.
REPORT OF TREASURER
For The Year Ended Dec. 31, 1932
The transactions in the General Cash Account, in summary form, were as follows :
Balance January 1, 1932
$111,697.98
Receipts :
Grace V. Viall, Collector $541,070.54
Municipal Light Department
318,143.00
Water Department 57,773.14
Sewer Department: Guarantee Deposits
516.30
School Department
13,609.04
Cemetery Department
7,582.33
Tree Warden and Moth Departments
1,233.50
Other Departmental Receipts
3,438.84
Contributions for Welfare Work and
Soldiers' Relief :
From Town Employees 17,639.52
From Others 1,055.63
Refunds to Welfare and Soldiers' Relief Departments
14,605.42
Temporary Loan in Anticipation of Reve- nue
575,000.00
Temporary Loan for Imp. of Square 14,000.00
Gasoline Tax for Highways 12,826.27
Municipal Light Department
12,000.00
State and County for Imp. of Square 11,725.18
Commonwealth of Mass .: Taxes
54,006.48
289
Estate of Horace G. Wadlin for Library Trust Fund
1,000.00
Trust Funds Income 6,582.50
Trust Funds Transfers
11,368.64
Interest on Deposits-Checking Accts.
896.32
Redemption of Property: Taxes, Interest and Costs
8,350.32
Miscellaneous Receipts
3,619.21
Total Receipts $1,688,042.18
$1,799,740.16
Disbursements :
Temporary Loans
$639,000.00
Notes and Bonds, Funded Debt 82,000.00
Interest on Funded Debt 21,692.50
Discount on Temporary Loans
11,463.26
State Taxes and Assessments
30,662.21
County Taxes
26,928.33
Other Disbursements
941,127.55
Total Disbursements $1,752,873.85
Balance December 31, 1222
$ 46,866.31
Funded Debt
Outstanding January 1, 1932
$ 551,500.00
Bonds Issued in 1932
$ 551,500.00
Bonds and Notes Paid in 1932
$ 82,000.00
Outstanding December 31, 1932 469,500.00
?
$ 551,500.00
Notes Issued in Anticipation of . Revenue
Outstanding January 1, 1932
$250,000.00
Notes Issued in 1932 575,000.00
$825,000.00
Notes Paid in 1932
$625,000.00
Outstanding December 31, 1932
200,000.00
$825,000.00
A more detailed statement of receipts and disbursements and a statement of the Trust Funds is presented in the report of the Town Accountant.
PRESTON F. NICHOLS, Treasurer.
290
REPORT OF THE BOARD OF ASSESSORS
To the Citizens of Reading :
We herewith submit our report on work under our jurisdiction dur- ing the year 1932:
Valuation of Taxable Real Estate :
Buildings, excluding land
$11,261,225.00
Land, excluding buildings
4,181,650.00
Total
$15,442,875.00
Valuation of Taxable Personal Estate
1,150,972.00
Total Taxable Real and Personal Estate April 1, 1932
$16,593,847.00
Building increase over 1931
$ 243,900.00
Land increase over 1931
161,350.00
Total increase on Real Estate
405,250.00
Decrease on Personal Estate 852.00
Total gain on taxable property $ 404,398.00
Valuation of excise tax for 1932
$ 745,820.00
Decrease on excise tax in 1932
191,330.00
Tax on Real Estate for 1932
$ 497,266.37
Tax on Personal for 1932
37,061.68
Tax on Excise for 1932
19,341.42
Tax on Polls
6,092.00
Tax on Old Age Assistance
3,063.00
Tax on Real Estate for Moth
824.00
Tax on Real Estate for Sewer
1,195.06
Tax on Real Estate for. Sidewalk
743.40
Tax on Real Estate for Curbing
186.40
Tax on Real Estate for Highway
444.02
Additional Polls
94.00
Additional Old Age Assistance
47.00
Additional Polls for 1931
4.00
Additional Old Age Assistance for 1931
2.00
Total commitment for April 1, 1932 $ 566,364.35
Taxable Real Estate assessed December 1932 $ 20,075.00
Tax assessed supplementary on Real Estate December 1932
646.43
291
State Tax, 1932
$ 21,742.50
State Highway Tax, 1932
90.50
State Parks & Reservation Tax, 1932
26.60
Metropolitan Sewerage Tax, 1932
7,361.76
Auditing Municipal Account Tax, 1932
1,319,47
Municipal Lighting Tax, 1932
98.68
Special Old Age Assistance Tax, 1932
3,063.00
County Tax, 1932
21,763.85
County Tax, Hospital, 1932
5,164.48
. Total State & County Tax, 1932
$ 60,630.84
Total State & County Tax, 1931
56,691.98
Increase in 1932
$ 3,938.86
Amount appropriated for Town purposes
$ 613,784.41
Amount to be paid for State & County Taxes
60,630.84
Amount of Overlay
4,067.80
$ 678,483.05
Less estimated receipts
$112,000.00
Less excise tax
23,000.00
Less 3046 polls @ $2.00
6,092.00
Less 3063 Old Age Assistance Tax
3,063.00 $ 144,155.00
Amount to be raised Tax Rate for 1932, $32.20 per M.
$ 534,328.05
Number of persons, partnerships & corporations assessed, 1932
2,855
Number of automobiles assessed
2,984
Number of polls, 1932
3,093
Number of old age assistance taxes, 1932
3,013
Value of Town property
$ 1,435,630
Value of property exempt
534,610
Total value non-taxable property
$ 1,970,240
Value of taxable property
16,613,922
Value of excise tax
745,820
Total valuation, 1932 $ 19,329,982
ALVAH W. CLARK ARTHUR S. COOK GEORGE E. HORROCKS
Board of Assessors
292
REPORT OF SELECTMEN
To the Citizens of the Town of Reading :
The Annual Report of the Board of Selectmen for the year ending December 31st., 1932, is herewith submitted:
At the first meeting held on March 10th the Board organized as follows :
IV. Homer Morrison, Chairman Mollie A. Sweetser, Secretary Albert N. Leman Leon G. Bent, Clerk.
Appointments
Chief of Fire Department-Orville O. Ordway.
Superintendent of Fire Alarm-Hugh L. Eames.
Inspector of Buildings-A. Russell Barnes.
Burial Agent-Alfred E. Goodwin.
Custodian of Soldiers' Graves-Harry A. Turner.
Director of Agriculture-Rolland L. Perry.
Sealer of Weights and Measures-Carl M. Smith.
Board of Appeal-Henry Q. Millett, Chairman, Fred L. Nutter, Charles A. Damon.
Fence Viewers-Carl B. Sawyer, Albert E. Temple, Wendell B. Newell.
Weighers of Coal and Hay-W. Irving Bancroft, Bertha D. Mac- Lellan, Wendell B. Newell, Charles WV. Lee, Thomas E. Brogan, Mabel L. McKay, Percy N. Sweetser, Ruth Climo, William D. Ward, Charles N. Sweetser, Katherine L. Sweetser.
Field Drivers-Willard A. Bancroft, Adolph S. Larson, Rolland L. Perry.
Inspector of Wires-Hugh L. Eames.
Gas Inspector-David Taggart.
Reading Safety Council-Florence H. Libby, chairman, Elizabeth H. Nelson, Mary H. Raley, Jeremiah Cullinane, Adelbert L. Safford, Alexander Birnie, Orville O. Ordway, Marie L. Day.
Finance Committee-Pearl M. Burgess, William A. Haley, J. War- 1en Killam, Jr., Edward J. Scott, Logan R. Dickie.
Inspector of Animals-Cornelius Thibeault.
Forest Warden-Orville O. Ordway.
Henry M. Donegan-Superintendent of Moth.
Special Police-John F. Maguire, J. Fred Richardson, Sylvanus I. Thompson, Edward McBrien, Walter Smith, James L. Healey, Henry W. Bryden, William H. Killam, Frank F. Strout, Kenneth I. Crocker, George O. Flanders, Ralph F. Plouff, William P. Pierpont, William H. Manning, Charles H. Melendy, Gardner A. Perry, Norman L. Dick-
293
inson, Thomas F. Classen, Frank G. Nichols, Thaddeus P. Shaw, Wil- liam F. Campbell.
Reserve Police Officers-John R. Condon, Joseph M. Greene, Nor- man L. Dickinson, Arthur M. Curtin, Patrick J. Pantano.
Town Forest Committee-Leland W. Kingman, Henry M. Donegan, Orville O. Ordway.
Board of Registrars-Robert S. Ralston, Ralph S. Keneely, (Walter S. Prentiss, resigned.)
Salaries
During the early summer it became apparent to your Board that with the increased demands for aid on the part of our needy citizens the amounts appropriated at the Annual Town Meeting would not be sufficient to carry out the requirements of the welfare department and the war veterans aid. After conference with various boards of the town it was agreed to ask all employees for a voluntary contribution of ten (10) percent of their salaries and wages from August 1st to December 31st. This plan was agreed to by every employee and paid elected official and the amount donated was voted by the town to the aid departments. The action in question prevented a special town meeting in the summer, at which time it would have been necessary to raise and appropriate a substantial amount from the tax levy.
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