Town of Reading Massachusetts annual report 1935, Part 21

Author: Reading (Mass.)
Publication date: 1935
Publisher: The Town
Number of Pages: 346


USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1935 > Part 21


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17.94


$ 301.75


$ 301.75


Highway Equipment Cr.


Appropriation


Dr.


$ 3,752.10


P. I. Perkins Co.


695.00


Hedges and Mathies


52.90


$ 4,500.00


$ 4,500.00


Street Lighting Cr.


Appropriation


$ 17,300.00


Dr.


Municipal Light Dept.


$ 17,300.00


$ 17,300.00 $ 17,300.00


311


$ 4,500.00


Charles M. Wood Co.


Dr.


Water Dept., Maintenance, etc.


Cr.


Appropriation


$ 47,190.87


Transfer from Water Reserve


2,809.13


Receipts, refunds


134.19


Dr.


Pay Roll


$ 10,390.79


Clerical


1,936.25


Bonds


13,000.00


Interest on Bonds


2,580.00


Telephone


90.65


Insurance


795.10


Office Supplies and Equipment


298.37


Fuel


239.81


Light and Power


5,468.38


Supplies


11,433.37


Auto Equip. and Repairs


1,106.51


Tools and Repairs to Tools


703.72


New Meters and Hydrants


1,001.21


All Other


77.42


Total Payments


$ 50,022.08


Balance to Water Reserve


112.11


$ 50,134.19


$ 50,134.10


Municipal Light Department, Maintenance Etc.


Cr.


Balance from 1934


$


2,243.31


Bond Issue


20,000.00


Accrued Interest


Sale of Light, Power, Etc.


264,944.16


Other Receipts


54,408.44


Refunds


20.67


Dr.


New Construction


$ 51,563.30


Electric Energy Purchased


92,627.35


Salaries and Wages


91,111.35


Maint. and Operation of Lines


38,568.55


Taxes


3,384.50


Insurance


3,176.49


Office and Salesroom


5,878.79


Rent


2,018.54


312


Other Payments


15,262.43


Interest Paid


2,940.00


Bonds and Notes Paid


12,000.00


$318,531.30


Paid to Treasurer


$ 19,488.35


Total Payments


$338,019.65


Balance to 1936


3,596.93


$341,606.58


Paid to Treasurer, Town of Reading


$ 19,488.35


Total Payments


338,019.65


Balance to 1936


$ 3,596.93


$341,606.58


$341,606.58


Public Welfare Department Administrative Cr.


Appropriation


$ 7,282.00


Refund from E. R. A.


22.50


Dr.


Salaries :


Supervisory and clerical


$ 4,138.50


Investigators and visitors


2,282.00


Visitor's Expenses


137.36


Office Supplies and Equipment


180.25


Printing and postage


124.00


Trucking


213.34


Telephone


100.22


Other Payments


100.01


Total Payments


$ 7,275.68


Balance to Revenue


28.82


$ 7,304.50


$ 7,304.50


Aid, Board and Care Cr.


Appropriation


$ 52,000.00


Transfer from Interest Account


7,117.22


Refund from E. R. A.


799.64


Refunds on Individual Accounts


524.34


313


Dr.


Cash


$ 8,051.49


Pay Roll Labor


11,345.70


Board


3,486.43


Shelter


2,971.47


Food


14,817.59


Fuel and Light


3,756.17


Medical and Hospital Care


3,912.06


Clothing


1,123.72


Household Necessities


327.08


Massachusetts Hospital School


286.26


Division of Child Guardianship


260.71


Other Cities and Towns


6,047.92


Trucking


262.53


E. R. A. Expense


799.64


E. R. A. Medical Expense


46.50


Emergency Food Orders


197.84


Transportation


41.56


Burials


210.50


Other Payments


594.06


Total Payments


$ 58.539.23


Balance to Revenue


1,901.97


$ 60,441.20 $ 60,441.20


Temporary Aid


Cr.


Appropriation


$ 14,718.00


Transfer from Interest Account


195.58


Refunds


162.80


Dr.


Cash


$ 3,196.60


Pay Roll Labor


3,170.30


Board


350.50


Rent


830.90


Food


4,715.81


Fuel and Light


1,010.56


Hospital and Medical Care


1,076.03


Clothing


283.87


Household Necessities


173.80


314


Burial of Transients


249.00


Other Payments


1.67


Total Payments


$ 15,064.04


Balance to Revenue


12.34


Mother's Aid Cr.


Appropriation


$ 6,000.00


Transfer from Reserve Fund


2,150.00


Transfer from Interest Account


463.04


Dr.


Cash


$ 6,567.15


Food


638.13


Rent


547.20


Fuel and Light


396.28


Hospital and Medical Care


392.27


Clothing


39.63


Household Necessities


8.00


Other Payments


2.55


Total Payments


$ 8,591.21


Balance to Revenue


21.83


· $ 8,613.04


$ 8,613.04


Old Age Assistance Cr.


Appropriation


$ 20,000.00 20.50


Refunds


Dr.


Cash


$ 16,898.00


Fuel


363.08


Clothing


10.20


Household Necessities


47.00


Hospital and Medical Care


451.51


Board


913.00


Other Cities and Towns


862.10


Other Payments


5.16


Total Payments


$ 19,550.05


Balance to Revenue


470.45


$ 20,020.50


$ 20,020.50


$ 15,076.38


$ 15,076.38


315


Soldiers' Relief Cr.


Appropriation


Dr.


Cash Payments


$ 7,297.29


Work Payroll


1,636.20


Food


1,101.84


Fuel


632.39


Medical and Hospital


737.07


Burial


100.00


Clothing


203.44


Kent


75.00


Miscellaneous


82.50


Agents's salary and expenses


563.13


Total Payments


$ 12,428.86


Balance to Revenue


49


$ 12,429.80 $ 12,429.80


Military Aid


Cr.


Appropriation


$ 1,100.00


Cash Payments


$ 1,002.00


Balance to Revenue


98.00


$


1,100.00 $ 1,100.00


State Aid


Cr.


Appropriation


Dr.


Cash Payments


$ 760.00


Balance to Revenue


240.00


$ 1,000.00


$ 1,000.00


School Department, General Salaries


Cr.


Appropriation


$169,722.00


Dr.


Supt. and Teachers' Salaries


$145,044.36


Janitors' Salaries


15,796.30


Attendance Officer


457.01


316


$ 12,429.80


Dr.


$ 1,000.00


School Nurse


1,774.92


Medical Inspection


935.00


Substitutes


1,537.25


Total Payments


$165,544.84


Transferred to Main Acct.


3,500.00


Balance to Revenue


677.16


$169,722.00


$169,722.00


School Department, General Maintenance


Cr.


Appropriation


$ 48,390.00


Transfer from Unemployment Relief Fund


839.79


Transfer from Salaries Account


3,500.00


Refunds


17.50


Dr.


Transportation of Pupils


$ 6,290.09


Tuition


203.00


Textbooks


4,132.13


Supplies for Pupils


6,704.63


Ceneral Control Expense


2,399.43


Supervision Expense


387.97


Principals' Office Expense


411.43


Commencement Expense


331.61


Other Expenses of Instruction


1,239.34


Compulsory Attendance


48.15


Medical Service


35.49


Nurse Service


291.91


Fuel


7,271.21


Other Operation Expenses


5,839.00


Maintenance Expense


10,282.11


Capital Outlay


2,804.53


Insurance


3,013.44


E. R. A. (refunded)


839.79


Total Payments


$ 52,530.26


Balance to Revenue


217.03


$ 52,747.29


$ 52,747.29


School Department, Agricultural Salaries


Cr.


Appropriation


$ 2,506.40


317


Dr.


Pay Rolls


$ 2,389.44


Balance to Revenue


116.96


$ 2,506.40 $ 2,506.40


School Department, Agricultural Maintenance Cr.


Appropriation


$ 540.00


Total Payments


$ 114.53


Balance to Revenue


425.47


$ 540.00 $ 540.00


School Department, Vocational Tuition Cr.


Appropriation


Dr.


City of Medford


$ 262.50


City of Boston


209.22


Total Payments


$ 471.72


Balance to Revenue


1,028.23


$ 1,500.00 $ 1,500.00


i


Public Library Salaries Cr.


Appropriation


Dr.


Bertha L. Brown, Librarian


$ 1,500.00


Grace J. Abbott, Librarian


1,200.00


Rebecca Turner, Asst Librarian


780.00


Ruth W. Currier


293.90


Nora Carney


277.90


Phyllis Comey


26.03


Mary Lee Kingman


12.45


William H. Killam, Janitor Service


706.50


Total Payments


$ 4,796.78


Balance to Revenue


3.22


$ 4,800.00


$ 4,800.00


318


$


4,800.00


Dr.


$ 1,500.00


Public Library, Maintenance


Cr.


Appropriation


$ 2,800.00


Dr.


Books and Periodicals


$ 1,830.11


Binding


11.10


Stationery, Printing and Supplies


166.65


Building Repairs


154.18


Fuel


210.95


Light


161.03


Water and Sewer


9.00


Removing Ashes


5.88


Insurance


89.66


Telephone


44.59


Furniture


54.75


All Other


55.77


Total Payments


$ 2,793.67


Balance to Revenue


6.33


$ 2,800.00 $ 2,800.00


Park Maintenance Department


Cr.


Appropriation


$ 2,000.00


Dr.


Pay Roll


$ 503.48


Supplies


457.69


Repairs


189.65


Playground Equipment


137.07


Fence


377.78


Insurance


77.87


All Other


241.41


Total Payments


$ 1,984.95


Balance to Revenue


15.05


$ 2,000.00


$ 2,000.00


319


Laurel Hill Cemetery Cr.


Appropriation


Transfer from Cemetery Reserve


$ 8,000.00 400.00


Transfer from Cemetery Bequest Fund


2,156.09


Receipt


13.2


Dr.


Superintendent's Salary


$ 2,327.00


Clerical


788.84


Pay Roll


5,387.87


Telephone


98.24


Material and Supplies


652.40


Equipment and Repairs


776.67


Auto Truck Expense


298.66


Insurance


171.60


All Other


62.84


Total Payments


$ 10,564.12


Balance to Revenue


5.20


$ 10,569.32 $ 10,569.32


Forest Glen Cemetery Cr.


Appropriation


$ 600.00


Dr.


Pay Roll


$ 493.93


All Other


104.66


Total Payments


$ 593.59


Balance to Revenue


1.41


$ 600.00


$ 600.00


Care Soldiers' Graves


Cr.


Appropriation


$ 400.00


Dr.


Pay Roll


$ 314.37


Material


85.63


$ 400.00 $ 400.00


320


Article 6-Reserve Fund


Cr.


Appropriation


$ 5,000.00


Dr.


Transfer to following accounts :


Treasurer's Clerical


$ 25.00


Collector's Expenses


625.00


Election Expenses


100.00


Fire Station Maint.


250.00


Military Aid


300.00


Misc. Expenses


1,100.00


Municipal Building


300.00


Town Counsel's Expenses


150.00


Mother's Aid


2,150.00


Total Transfers $ 5,000.00


$ 5,000.00


Planning Board Expenses


Cr.


Appropriation


$ 1,000.00


Dr.


Stationery and Printing


$ 10.50


Supplies and Apparatus


317.46


Mass. Federation Dues


15.00


Blue Prints, etc.


101.48


Revising Zoning Map


340.00


Clerical


30.00


Miscellaneous


61.41


Total Payments


$ 875.85


Balance to Revenue


124.15


$ 1,000.00 $ 1,000.00


Memorial Day Observance


Cr.


Appropriation


$


500.00


321


Dr.


Flowers


$ 172.50


Lunches


75.00


Flags


25.00


Transportation, etc.


9.50


Band


165.00


Amplifier


35.00


Printing


17.50


Total Payments


$ 500.00 $ 500.00


Interest on Town Debt, Not Including Water, Light and Sewer


Cr.


Appropriation


$ 19,186.00


Dr.


On Temporary Loans


$ 2,271.25


Police Station


900.00


School Building


2,320.00


Municipal Building


270.00


Fire Apparatus


171.00


Relief Loan


813.75


Total Payments


$ 6,746.00


Transferred to Various Accounts


11,225.84


Balance to Revenue


1,214.16


$ 19,186.00 $ 19,186.00


Maturing Debt not Including Water and Light


Cr.


Appropriation


$ 66,000.00


Dr.


Sewer


$ 8,000.00


Police Station


5,000.00


School Building


34,000.00


Municipal Building


2,000.00


Fire Apparatus


2,000.00


Relief Loan


15,000.00


$ 66,000.00


$ 66,000.00


322


ACCOUNTING SPECIAL FUNDS


Name of Fund


Balance Jan. 1, '35


Receipts


Payments


Balance Dec. 31, '35


Public Welfare, Special Fund


$ 13.62 $


55.95


$ 59.95


$ 14.62


Morrison Fund


90.81


29.70


31.00


89.51


E. R. A. Clothing Fund


9.46


27.50


16.20


19.56


Base Ball Fund


17.78


44.85


62.63


00.00


Library Fund, Special


22.60


22.60


World War Memorial


4,069.82


4,069.82


Smith-Hughes Fund


279.97


579.33


279.97


579.33


George Reed Fund


36.91


36.91


00.00


Premium Account


759.76


428.31


331.45


Junior High School


101.66


101.66


Tailings Accounts


37.55


134.63


172.18


Guarantee Deposits


Cemetery Work


2.65


2.65


Sewer House Connections


374.30


374.30


E. R. A. Projects


289.34


289.34


*


ACCOUNTING SUNDRY APPROPRIATIONS


Appropriation 1935


Expended Balance


Title of Account


Unpaid bills, 1934


$ 2,800.00


$ 2,795.20 $


4.80*


Land Court Expenses


525.75


440.11


85.64*


Child Welfare Work


400.00


400.00


Temporary Aid


427.95


427.95


Damage Suit Settlement


1,360.00


1,360.00


Police Motor Cycles


800.00


669.80


130.20*


Moth Dept. Truck


800.00


658.50


141.50*


Middlesex County Hospital


5,929.86


5,929.86


Town Forest Development


75.00


55.29


19.71*


Rent, Legion Quarters


1,000.00


1,000.00


Overdraft Old Age Assistance


8.00


8.00*


Care Soldiers' Graves


400.00


400.00


Unemployment Relief Projects


15,000.00


15,000.00


W. P. A. Projects


25,000.00


2,644.21


22,355.79 **


*Balance to Revenue


** Balance to 1936


Accounting Trust Funds


Balance Jan. 1, 1935


$229,691.67


Cemetery Bequests


2,965.00


Interest and Income


8,904.01


Payments for Hospital Care, etc.


$ 8,249.63


Payments Care Endowed Lots


2,156.09


Payments for Scholarships


150.00


Balance Dec. 31, 1935


231,004.96


$241,560.68


$241,560.63


Cemetery Bequest Fund


Balance, Jan. 1, 1935


$ 65,933.73


Bequests


2,065.00


Interest and Income


2,449.35


Payments Care Lots


$ 2,156.09


Balance Dec. 31, 1935


69,196.99


$ 71,353.08


$ 71,353.08


Hospital Fund


Balance Jan. 1, 1935


$157,578.23


Interest and Income


6,269.52


Payments for Hospital Care


$ 8,167.96


Administrative Expenses


81.67


Balance Dec. 31, 1935


155,593.12


$163,847.75 $163,847.75


Library Fund


Balance January 1, 1935


$ 1,034.57


Interest


28.64


Balance December 31, 1935


$ 1,063.21


$ 1,063.21 $ 1,063.21


Reading High School Scholarship Fund


Balance January 1, 1935


$ 5,140.14


Income


156.50


Payments for Scholarships


$ 150.00


Balance December 31, 1935


5,1 46.64


$ 5,296.64


$ 5,296.54


325


STATEMENT OF INVESTED FUNDS


Cemetery Bequest Funds


Balance Dec. 31, 1935


Investments Listed at Par :


$5,000 N. E. 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, No. 10672 ..


6,055.38


Home Savings Bank, Boston, No. 368,204


9,713.50


Boston Five Cents Savings Bank, No. 948,228


8,031.52


Andover Savings Bank, No. 40,177


4,262.11


Cambridge Savings Bank, No. 89,112


4,219.93


Essex Savings Bank, Lawrence, No. 230,779


4,314.63


Mech. Savings Bank, Reading, No. 5103


6,427.52


Mech. Savings Bank, Reading, No. 10,714


1,701.46


Malden Savings Bank, No. 137,262 5,252.00


Woburn Savings Bank, No. 61,052 5,193.94


Cash in General Funds 25.00


$ 69,196.99


Library Fund


Balance Dec. 31, 1935


Investment :


Boston Five Cent Savings Bank, No. 987,334 $ 1,063.21


Reading High School Scholarship Fund


Balance Dec. 31, 1935


Investments :


Andover Savings Bank, No. 39861 1,000.00


Charlestown Five C'ts Sav'gs Bk. No. 161,863 3,000.00


Essex Savings Bank, Lawrence, No. 230,306 1,000.00


First National Bank, Reading, Savings De- partment, No. 5624 142.03


Cash in Closed Bank 4.61


$ 5,146.64


326


Hospital Fund


Balance Dec. 31. 1935


Investments, Securities listed at Par or less :


$4,500 Am. Tel .- Tel. Cor. Tr. 5's, 1946 .. $ 4,500.00


$5,000 Boston Elevated, 5's, 1937 5,000.00


$5,000 Chicago B &Q R. R. Co., Ill., Div. "M" 31/2's, 1949 5,000.00


$5,000 Conn. Lt. & Power Co., 1st Ref. S. F. 41/2's 1956 Series C 5,000.00


$1,000 Conn. Lt. & Power Co., 1st Ref. S. F. 7's 1951 Series A


1,000.00


$5,000 Consumers' Power Co., 5's 1936 .. 5,000.00


$5,000 Consumers' Power Co., 41/2's, 1958 $5000 Consolidated Gas of Baltimore Gen. M 41/2's, 1954


5,000.00


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 U. S. Treasury Bond 41/2's, 1952 .. 5,000.00 $10,000 U. S. Treasury Bonds 27/8's 1938 $5,000 Kings Co. Elec. Lt. & Pow. 5's, 1937 5,000.00 $5,000 N. Y. Tel. Co. 1st Gen. M 41/2's, 1939 5,000.00


10,000.00


$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 Penn. R. R. Co. Gen. Mort. 41/2's 1965


5,000.00


American Mfg. Co. Common, 72 Shares . 1.00


Home Bleachery & Dye Wks, Pfd, 2 Sh's 11.00


Sharp Mfg. Co., Pfd, 55 Shares


1.00


Sharp Mfg. Co. Com., 20 Sh's (10921300) 1.00


Andover Savings Bank, No. 39860


7,103.73


Charlestown Five Cents Savings Bank, No. 162,338


7,226.73


Essex Sav'gs Bank, Lawrence, No. 230,778 7,191.20


327


Mechanics Sav'gs Bank, Reading, No. 9189 17,727.87 First Nat. Bank, Reading, Savings Dept., No. 6435 5,258.79


Warren Institute for Savings, Boston, No. 135,648 5,151.27


Chelsea Savings Bank, No. 154,784


4,000.00


Malden Savings Bank, No. 141,347


5,117.18


Provident Inst. for Savings, Boston, No. 615,034


3,000.00


Cash in General Funds


6,066.81


Cash in Closed Bank


2,240.54


$ 155,598.12


I hereby certify that, in accordance with the provisions of Section 55, 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, 1935.


LEON G. BENT, Town Accountant.


ACCOUNTING LOANS


Anticipation of Revenue


Outstanding Jan. 1, 1935 Issued in 1935 .


$250,000.00


Purchased


Month by Ratio Amount


Feb., Second National Bank, Boston 1/2-1%


$ 40,000.00


May, Second National Bank, Boston .. 1/2-1%


150,000.00


Nov., Second National Bank, Boston 4/10-1%


50,000.00


Nov, Second National Bank, Boston 8/10-1%


200,000.00


$440,000.00


$590,000.00


Paid in 1935 :


July


$ 50,000.00


November


390,000.00


440,000.00


Outstanding December 31, 1935


$250,000.00


328


ACCOUNTING TOWN DEBT Detail of Payments in 1935, etc.


Outstanding


Loan


Jan. 1, 1935


Issued in 1935


Paid in Outstanding Town Debt


1935


Dec. 31, 1935 Maturing in


Municipal Relief Loan Chap.


1936


307, Acts 1935


$ 33,000.00


$ 33,000.00


$ 4,000.00


Municipal Light


$ 79,500.00


20,000.00


$ 12,000.00


87,500.00


11,000.00


Sewer


98,000.00


8,000.00


90,000.00


8,000.00


Water


73,000.00


13,000.00


60,000.00


10,000.00


Water Filtration Plant Loan


42,000.00


42,000.00


5,000.00


Municipal Building


6,000.00


2,000.00


4,000.00


2,000.00


School Building


58,000.00


34,000.00


24,000.00


24,000.00


Police Station


25,000.00


5,000.00


20,000.00


5,000.00


Fire Engine


7,000.00


2,000.00


5,600.00


2,000.00


$347,100.00 $ 53,000.00


$ 76,000.00 $366,100.00 $ 71,000.00


TOWN DEBT, DETAIL OF MATURITIES


Year


Municipal


Relief Loan


· Chap. 307


Acts 1935.


Municipal


Light


Dept.


Sewer Dept.


Water Dept.


Mun. Bldg.


School Bldg.


Police Station


Fire Engine


WVater


Filtration


Plant Loan.


Total


1936


$ 4,000.00 $ 11,000.00


$ 8,000.00


$ 10,000.00 $ 2,000.00 $ 24,000.00 $ 5,000.00


$ 2,000.00


$


5,000.00 $ 71,000.00


1937


4,000.00


9,500.00


8,000.00


6,000.00


2,000.00


5,000.00


2,000.00


5,000.00


41,500.00


1938


4,000.00


9,500.00


8,000.00


6,000.00


5,000.00


1,000.00


5,000.00


38,500.00


1939


3,000.00


9,500.00


8,000.00


6,000.00


5,000.00


600.00


5,000.00


37,100.00


1940


3,000.00


8,000.00


8,000.00


6,000.00


5,000.00


30,000.00


1941


3,000.00


6,000.00


7,000.00


6,000.00


4,000.00


26,000.00


1942


3,000.00


6,000.00


7,000.00


6,000.00


4,000.00


26,000.00


1943


3,000.00


6,000.00


7,000.00


4,000.00


3,000.00


23,000.00


1944


3,000.00


6,000.00


7,000.00


4,000.00


3,000.00


23,000.00


1945


3,000.00


4,000.00


6,000.00


4,000.00


3,000.00


20,000.00


1946


2,000.00


6,000.00


2,000.00


10,000.00


1947


2,000.00


6,000.00


8,000.00


1948


2,000.00


2,000.00


4,000.00


1949


2,000.00


2,000.00


4,000.00


1950


2,000.00


2,000.00


1951


2,000.00


2,000.00


$ 33,000.00 $ 87,500.00 $ 90,000.00


$ 60,000.00 $ 4,000.00


$ 24,000.00 $ 20,000.00 $ 5,600.00 $ 42,000.00


$366,100.00*


* Does not include Tax Title Loan $25,000 issued in 1935.


BORROWING CAPACITY 1936


Valuation Abatements in


Years


Valuation


1933


1934


1935


Total Abatements


Net Valuation


1933


A


$16,653,924 $


54,891


$ 33,423


$


20,645 $


$108,959


$16,545,365


D


400


Excise


510,297


18,073


16,994


17,019


52,086


458,211


1934


A


16,606,208


51,578


48,181


99,759


16,506,449


D


Excise


488,554


20,996


9,597


30,593


457,961


1935


J


16,588,560


135,915


135,915


16,453,795


D


1,150


Excise


477,764


20,215


20,215


457,549


Totals


$51,326,857


$ 72,964


$ 122,991


$ 251,572


$ 447,527


$50,879,330


Valuation 1935


$16,589,710


Net Valuation for 3 Years ..


$50,879,330


Req. Section 7


4,147.43


Average Valuation for 3 Years ..


16,959,776


Tax Rate 1935


32.00


3 per cent of Average Valuation


$508,793.30


Ratio of Debt to Valuation : 1.04, Enterprise 1.11, Total 2.15.


Total Debt


Debt inside limit


General


$ 50,600


Debt outside limit


General


126,000


Light


87,500


Water


102,000


$366,100.00


$458,193.30


Available Borrowing Capacity Jan. 1, 1936


BALANCE SHEET DECEMBER 31, 1935


$250,000.00


Cash in Banks and Offices


$189,155.21


Temporary Loans


Cash in Closed Bank


2,787.93


Reserved for Cash in Closed Banks


2,787.93


Taxes and Assessments Receivable :


Tailings Account


172.18


Personal Estate 1931


$ 69.53


Motor Vehicle Excise Revenue


5,865.76


Personal and Real Estate 1933


132.34


Moth Assessments Revenue ..


252.00


Poll, Personal and Real Estate 1934


19,522.70


Sewer Assessments and Int. Revenue


375.31


Poll, Personal and Real Estate 1935


186,420.03


Sewer Rentals Revenue


1,771.33


Old Age Assistance Tax 1933


1.00


Sidewalk and Curbing Assts. and Int. Revenue 1933-1935 ..


519.10


Motor Vehicle Excise Tax 1933


102.79


Sidewalk and Curbing Assts. and Int. Revenue 1936-1944 ..


2,188.14


Motor Vehicle Excise Tax 1934


1,823.04


Highway Betterment Assessments Revenue


2,284.01


Motor Vehicle Excise Tax 1935


3,939.93


Sewer Assessments Apportioned Revenue 1936-1944


1,697.69


Moth Assessments 1933-1935


252.00


Cemetery Lots and Bequests Revenue


512.50


Sewer Assessments 1933-1935


314.64


Highway Bett. Assts. Appor'n. Rev. 1936-1944


4,412.16


Committed Interest on same


60.67


Tax Titles Revenue


30,665.71


Sewer Rentals


1,771.33


Reserve For Payment of Tax Title Loans


4,525.97


Sidewalk and Curb Assessments 1934-1935 . .


449.86


Departmental Accounts Receivable Revenue


34,944.34


Committed Interest on same


69.24


Water Dept. Accts. Rec. Revenue


2,972.00


Highway Bett. Assessments 1933-1935


2,065.38


Municipal Light Department Accounts Rec. Rev.


31,891.31


Committed Interest on same


218.63


Municipal Light Department Maintenance


3,596.93


Sewer Ass'ts. Appor'n. 1936-1944


1,697.69


Federal Grant, Filtration Plant 29,250.00


Sidewalk and Curb Ass'ts. Appor'n. 1936-


Cemetery Reserve 6,080.44


1944


2,188.14


Water Reserve 5,926.72


Highway Bett. Ass't. Appor'n. 1936-1944 .. 4,412.16


Sewer Reserve


2,889.23


Cem. Lots and Beq. Deferred Payments . .


512.50


Overlay 1933


132.34


Tax Titles


30,665.71


Overlay 1934


990.06


Departmental Acc'ts. Receivable


34,944.34


Overlay 1935


4,355.51


Water Dept. Acc'ts. Receivable


2,567.06


Overlay Reserve


6,332.71


Water Liens


404.94


Special Account Sale of Land


1,348.25


Mun. Light Dept. Acc'ts. Receivable


31,891.31


Block System Survey


183.27


State Aid to Highways .


300.38


Highway Dept. Chap. 464, Acts 1935


4,212.17


County Aid to Highways


100.13


Chapin Ave. Construction


307.23


Abatements Old Age Assistance Taxes


50.00


Old Age Ass't. Special State Assessment ..


7.00


Winthrop Avenue Construction


17.94


Accounts Receivable Federal Grants


29,250.00


. Overlay 1932


85.11


356,289.58


W. P. A. Projects (Material)


22,355.79


Special Fund Public Welfare


14.62


Morrison Fund


89.51


Public Library, Special Account


22.60


Premium


331.45


World War Memorial


4,069.82


Smith-Hughes Fund


579.33


Junior High School Account


101.66


Hospital Fund


6,066.81


Cemetery Bequest Fund


25.00


E. R. A. Clothing Fund


19.56


Excess and Deficiency Account


42,364.96


.


$548,232.72


$548,232.72


County Road Construction


69.39


Colburn Road Construction


1,327.12


P. W. A. Filtration Plant


27,334.86


-


DEBT ACCOUNTS


Net Funded Debt


$365,100.00


Municipal Relief Loan $ 33,000.00


Tax Title Loan


25,000.00


Municipal Light Loans 87,500.00


Sewer Loans 90,000.00


Water Loans 60,000.00


Municipal Building Loan


4,000.00


School Building Loan


24,000.00


Police Station Loan


20,000.00


Fire Engine Loan


5,600.00


Tax Title Loan


25,000.00


Water Filtration Loan


42,000.00


$391,100.00


$391,100.00


INDEX


Page


Accountant 273


Births Registered 60


Board of Appeal


90


Board of Assessors 264


Board of Health


90


Board of Public Welfare


251


Superintendent's Report


253


Board of Public Works


107


Executive Office 155


Highway Department


132 145


Sewer Department


151


Superintendent's Report


118


Water Department


123


Burial Agent's Report


96


Cemetery Trustees


102


Forest Glen Cemetery


104


Laurel Hill Cemetery 103


Chief of Fire Department


84


Chief of Police


83


Custodian of Soldiers' and Sailors' Graves


101


Deaths Registered


72


Dogs Licensed


58


Dog Officer's Report


97


Elections : Town


13


Electric Light Commissioners


193


Manager's Report 194


Auditor's Report 227


Fire Alarm Card 88


Forest Warden's Report 86


Inspector of Animals


97


Inspector of Buildings Report 87


Inspector of Milk and Food 263


Park Department


INDEX


Page


Inspector of Plumbing


91


Inspector of Wires 90


Law Committee Report 80


List of Jurors


9


Marriages Registered 65


Middlesex County Extension Service


126


Notice to Parents, Housewives, Physicians and Midwives 57


Planning Board


98


Public Library


92


Publicity Committee's Report


261


Safety Council


260


School Committee


157


Administrative Officers


159


Budget


166


Change in Personnel


169


Committees for 1935-1936


187


Commencement Exercises


190


Promotion Statistics


189


Report of School Committee


162 164


School Schedule


161


Superintendent's Report


173


Teachers in Service, Dec. 31, 1935


170


Sealer of Weights and Measures


105


Selectmen's Report


76


Sporting Licenses


59


Superintendent of Fire Alarm


89


Tax Collector


267


Town Counsel's Report


81


Town Forest Committee


88


Town Meetings


15


Town Officers


3


Town of Reading, Statistics


12


Treasurer


270


Tree Warden's Report


89


Receipts Not From Tax Levy





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