USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1937 > Part 20
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1.74
$ 2,915.00
296
CEMETERIES
Laurel Hill Cemetery
Appropriation for Maintenance
$ 7,650.00
Trans. from Cem. Res. Fund
1,000.00
Trans. from Bequest Fund
2,394.06
Trans. from Care Soldiers' Graves
149.50
$ 11,193.56
Pay Rolls
$ 9,545.97
Other Payments
1,638.63
$ 11,184.60
Balance to Revenue
8.96
$ 11,193.56
Forest Glen Cemetery
Appropriation for Maintenance
$ 500.00
Appropriation for Development
300.00
Pay Rolls
$ 640.25
Other Payments
158.39
$ 798.64
Balance to Revenue
1.36
$ 800.00
Care of Soldiers' Graves
Appropriation
$ 600.00
Pay Roll
$ 450.50
Other Payments
149.50
$ 600.00 $ 600.00
BOARD OF PUBLIC WORKS
Salaries and Office Expenses, Appropriation . .
$ 6,285.00
Superintendent's Salary
$ 3,500.12
Clerical
1,880.12
Telephones
269.23
Office Supplies
269.33
Printing and Advertising
61.75
Plans and Engr. Supplies
248.97
Auto Maint .- Supt.
19.65
$ 800.00
297
Miscellaneous
34.17
$ 6,283.34
Balance to Revenue
1.66
$ 6,285.00
Highway Department, Appropriation
$ 43,115.00
Transfer from Reserve Fund
850.00
From State and County
2,000.00
Transfer from Chapin Avenue
57.23
Transfer from County Road
69.39
Pay Roll
$ 18,830.74
Repairs
1,983.88
Gas and Oil
2,444.08
Road Material
13,301.06
Misc. Supplies and Tools
1,857.72
Curbing
1,403.01
All Other
6,262.35
$ 46,082.84
Balance to Revenue
8.78
$ 45,091.62
Lowell Street Chapter 90 Const. Appro.
$
4,000.00
Balance from 1936
782.32.
From State and County
9,600.00
$ 14,382.32.
Pay Roll
$ 6,554.74
Supplies and Misc.
7,812.99
$ 14,367.73
Balance to Revenue
14.59
$ 14,382.32
Woburn Street Chapter 90 Const. Appro.
$ 4,000.00
From State and County
9,600.00
$ 13,600.00
Pay Roll $ 5,059.58
Supplies and Misc.
8,540.42
$ 13,600.00
$ 46,091.62.
298
Highway Dept. Chapter 464, Acts of 1935 Balance from 1936 Pay Roll Supplies and Misc.
$ 4,212.17
$ 1,148.30
3,063.87
$ 4,212.17
Accounting Street Lay-Outs
Bal. from 1936
Appro. Transfer
Bal. to
1937 Account Expended
1938
Chapin Avenue
$ 307.23
$ 307.23
County Road
69.39
69.39
Colburn Road
671.23
$ 536.49
$ 134.74
Hartshorn Street
1,346.09
752.54
593.55
Oak Ridge Road
$ 121.00
8.45
112.75
Pine Ridge Road
80.00
13.00
67.00
Sylvan Road
49.00
4.50
44.50
Priscilla Road
925.00
925.00
Puritan Road
1,070.00
1,070.00
Laneton Way
342.50
342.50
Waverly Road
319.00
319.00
Snow and Ice Removal, Appropriation
$ 8,450.00
Balance from 1936, Dr.
1,998.67
$ 6,451.33.
Pay Roll
$ 1,551.75
Equipment, Repairs and Supplies
1,687.51
$ 3,239.26
Balance to Revenue
3,212.07
$ 6,451.33
Maintenance of Storm Drains, Appro.
$ 1,500.00
Pay Roll
$ 1,489.17
Misc. Supplies
10.83
$ 1,500.00
Storm Water Drainage Development, Appro. .. $ 5,285.00 Pay Roll
$ 3,253.27
Pipe and Misc. Supplies
1,651.68
299
All Other
373.58
$
5,278.53
Balance to Revenue
6.47
$
5,285.00
Park Department, Appropriation
$ 3,460.00
Pay Roll
$ 1,981.27
Tools and Supplies
709.91
Lights
224.70
Resurface Tennis Court
280.00
All Other
261.78
$ 3,457.66
Balance to Revenue
2.34
$ 3,460.00
John Street Dump, Appropriation
$ 1,200.00
Pay Roll
$ 1,129.19
Supplies
70.81
$ 1,200.00
Sewer Dept. Maint. and Const. Appro.
$ 11,200.00
Pay Roll
$ 4,809.66
Interest on Bonds
3,410.00
Insurance
270.00
Auto Maintenance
487.62
Misc. Supplies
1,731.27
All Other
160.00
$ 10,868.55
Balance to Sewer Reserve
331.45
$ 11,200.00
Sewer House Connections, Appropriation
$ 1,000.00
Pay Roll
$ 655.26
Pipe and Fittings
230.03
$ 885.29
Balance to Revenue
114.71
$ 1,000.00
300
Water Department Maint. and Const., Appro. .. Refund
$ 54,750.00 .27
$ 54,750.27
Pay Roll
$ 17,838.41
Bonds
11,000.00
Interest on Bonds
2,572.50
Insurance
862.00
Telephones
98.48
Light and Power
5,133.19
New Meters and Hydrants
1,156.11
Auto Equipment and Repairs
949.93
Pipe
4,173.46
Supplies and Fittings
6,155.75
Fuel
375.73
Repairs Standpipe
2,064.77
All Other
2,331.43
$ 54,711.76
Transfer to Water Reserve
38.51
$ 54,750.27
P. W. A. Filtration Plant, Balance from 1936 $ 3,660.09
Contract
$ 2,836.88
$ 2,836.88
Balance to 1938
823.21
$ 3,660.09
Public Works Equip. Account, Appro.
$ 11,500.00
Payments
$ 11,500.00
Land Purchase Appro.
500.00
Transfer from Reserve Fund
500.00
4
$ 1,000.00
Payments $ 1,000.00
Sidewalk Construction, Appropriation
$ 5,000.00
Transfer from Reserve Fund
250.00
$ 5,250.00
301
Pay Roll
Supplies for Construction 1,715.63
$ 5,250.00
Municipal Garage, Appropriation
$ 30,000.00
Land Purchase
$ 3,600.00
Contracts
20,766.35
Architect
900.00
Miscellaneous
603.47
$ 25,869.82
Balance to 1938
4,130.18
$ 30,000.00
MUNICIPAL LIGHT DEPARTMENT
Balance from 1936
$ 5,393.01
Note Issue
60,000.00
Premium and Accrued Interest
323.55
Sale of Light, Power, etc.
359,288.31
$425,004.87
New Construction
$ 99,528.69
Electric Energy Purchased
103,995.01
Salaries and Wages
34,868.99
Maint. and Operation of Lines
42,087.05
Taxes
3,990.80
Insurance
2,199.30
Office and Salesroom
6,493.87
Rent
2,448.62
Interest Paid
2,927.50
Bonds and Notes Paid
9,500.00
Paid to Treasurer
22,000.00
Other Payments
86,660.02
Total Payments
$416,699.85
Balance Dec. 31, 1937
8,305.02
$425,004.87
INSURANCE
Appropriation from Tax Levy
$ 10,632.00
Appropriation from Sewer Dept. $ 270.00
Appropriation from Water Dept. 862.00
302
$
3,534.37
Appropriation from W. P. A.
487.00
1,619.00
Transfer from Municipal Light Dept.
1,483.21
Transfer from Reserve Fund
1,000.00
Refunds
198.45
$ 14,932.66
Treasurer's Bond, etc.
$ 318.56
Collector's Bond, etc.
528.81
Assessors
.64
Misc. Expense Acct.
34.88
Municipal Building
395.49
Town Farm Building
95.30
Police Department
433.81
Police Station
204.87
Fire Department
509.68
Fire Stations
229.22
Fire Alarm
112.87
Moth Department
353.77
Sealer of Weights & Measures
13.76
Public Welfare
107.44
Public Works
98.47
Highway Department
3,799.13
Park Department
23.74
Cemetery Department
290.41
Library
186.09
School Department
4,007.87
Sewer Department
262.15
Water Department
1,110.86
Municipal Light Department
1,585.27
W. P. A.
226.81
Total Payments
$ 14,929.90
Balance to Revenue
2.76
$ 14,932.66
INTEREST NOT INCLUDING WATER AND SEWER
Appropriation
$
4,643.50
On Loans Anticipation of Revenue
$
1,556.21
Loans Anticipation of Reim.
144.78
303
Loans, Tax Title
163.15
Loans Emergency Relief 1935
472.50
Municipal Building
90.00
Police Station
500.00
Fire Apparatus
81.00
Municipal Garage
281.25
Total Payments
$ 3,288.89
Transfers to Pers. Inj. Acct.
$ 50.00
Land Ct. Exp.
100.00
A. D. C. Spec. Acct.
354.11
504.11
$ 3,793.00
Balance to Revenue
850.50
$ 4,643.50
MUNICIPAL DEBT 1937 NOT INCLUDING WATER AND LIGHT
$ 21,000.00
Sewer Loans
$ 8,000.00
Police Station
5,000.00
Municipal Building
2,000.00
Fire Apparatus
2,000.00
Municipal Relief Issued 1935
4,000.00
$ 21,000.00
OTHER MUNICIPAL DEBT
Temporary Loans :
Anticipation of Revenue
$450,000.00
Anticipation of State and County Aid, Chap. 90, 1936
16,000.00
Anticipation of Federal Grant 1936
15,000.00
Tax Title Loan 1936
25,000.00
Tax Title Loan 1937
7,000.00
ACCOUNTING SUNDRY ACCOUNTS
Account
Bal. from Appro. 1936 1937 Expended
Bal. to Bal. to
Revenue 1938
Rent Legion Quarters
$1,000.00 $1,000.00
Memorial Day
Observance
600.00
600.00
304
Appropriation
Account
Bal. from Appro. 1936 1937
Expended
Revenue
Bal. to 1938
Town Forest
300.00
300.00
Land Court Expense
700.00
695.41
$ 4.59
Unpaid Bills
100.00
97.99
2.01
Municipal Adv.
$ 201.80
50.00
$ 151.80
Land Town Forest . .
250.00
250.00
Personal Injuries :
MacIntire
213.35
213.35
Hutchinson
129.50
129.50
Damage Suit :
Anderson
350.00
350.00
Corindia
350.00
350.00
ACCOUNTING SPECIAL FUNDS
Bal. from 1936
Balance Receipts Payments Dec. 31, 1937
Premium & Interest .. $ 332.89
$ 530.47
$ 541.41 $ 321.95
Publicity Booklet
65.87
82.50
147.23
3.84
Public Welfare Special
31.99
10.00
21.99
Baseball
19.10
13.10
1.00
31.20
Morrison Fund
136.20
3.00
41.49
97.71
World War Memorial .
4,069.82
1,348.25
137.50
5,280.57
GUARANTEE DEPOSITS, REFUNDS
Bal. from 1936
Receipts
Payments Transfers
Sidewalk & Curbing
$ 370.33
$ 108.82
$ 261.54
Drainage Work
27.50
5.50
22.00
Use of Tomb
$ 50.00
33.00
17.00
Cemetery Repairs
35.00
315.00
15.75
333.25
Sewer House Connect.
609.44
183.42
421.02
Dog License Fues
34.80
1,801.60
1,836.40
. .
305
Bal. to
ACCOUNTING STATE AND COUNTY TAXES
Bal. from 1936 Appropriation Payments
Balance to 1938
Middlesex County T. B.
Hospital
$ 6,512.69
$ 6,512.69
County Tax
$ 147.44
24,696.00
25,126.52
$ 283.08Dr.
Metropolitan Sewer Asst.
155.74Dr.
10,080.25
9,925.08
155.17
State Tax
27,945.00
29,767.50
1,822.50Dr.
State Parks and Reservations
53.89
277.83
457.56
125.84Dr.
Audit. Municipal Accts.
2,149.85
2,149.85
RESERVE FUND
Appropriation
$ 5,000.00
Land Purchase Public Works
$ 500.00
Tree Warden
200.00
Signal System
110.00
Insurance
1,000.00
Fire Department
1,280.00
Highway Department
850.00
Sidewalk Construction
250.00
Police Department Maint.
400.00
Town Counsel Exp.
10.0.00
Police Dept. Salaries
103.39
Police Station Maintenance
46.81
Soldiers' Relief
159.80
$ 5,000.00
TRUST FUNDS
Hospital Fund :
For Transfer
$ 15,125.54
Bills Paid
2,779.75
Adm. Expense
120.60
$ 18,025.89
Cemetery Bequest Fund :
For Transfer
$ 4,930.00
R. H. S. Scholarship Fund :
For Transfer
$ 142.76
For Scholarships
365.00
$ 507.76
306
TOWN DEBT DETAIL OF MATURITIES
Year
Municipal Municipal Relief 1935 Relief 1937
Police Station
Fire Engine
Municipal Garage
Water Dept.
Water Filtration
Sewer Dept.
Municipal Light
Total
1938
4,000.00 $ 8,000.00 $ 5,000.00 $
1,000.00 $ 3,000.00
$ 6,000.00 $ 5,000.00 $ 8,000.00 $ 15,500.00 $ 54,500.00
1939
. ..
3,000.00
7,000.00
5,000.00
600.00
3,000.00
6,000.00
5,000.00
8,000.00
15,500.00
53,100.00
1940
...
3,000.00
7,000.00
3,000.00
6,000.00
5,000.00
8,000.00
14,000.00
46,000.00
1941
3,000.00
3,000.00
6,000.00
4,000.00
7,000.00
12,000|00
35,000.00
1942
...
3,000.00
3,000.00
6,000.00
4,000.00
7,000.00
12,000.00
35,000.00
1943
...
3,000.00
2,000.00
4,000.00
3,000.00
7,000.00
12,000.00
31,000.00
1944
... 3,000.00
2,000.00
4,000.00
3,000.00
7,000.00
12,000.00
31,000.00
1945
.. . 3,000.00
2,000.00
4,000.00
3,000.00
6,000.00
10,000.00
28,000.00
1946
...
2,000.00
2,000.00
6,000.00
8,000.00
18,000.00
1947
...
2,000.00
6,000.00
8,000.00
16,000.00
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
$ 25,000.00 $ 22,000.00 $ 10,000.00 $ 1,600.00 $ 25,000.00
$ 44,000.00 $ 32,000.00 $ 74,000.00 $127,000.00 $360,600.00
Notes Issued in 1937
Municipal Garage ....
$25,000.00
Due 1938 to 1947 incl.
Rate 21/4%
Municipal Light
60,000.00
Due 1938 to 1947 incl.
Rate 21/4%
Municipal Relief ..
22,000.00
Due 1938 to 1940 incl.
Rate 114%
. .
ACCOUNTING LOANS, ANTICIPATION OF REVENUE
Outstanding Jan. 1, 1937 Issued in 1937 :
$250,000.00
Month Due
Purchased by
Rate Amount
1937 April Nov.
2nd Nat'l Bank, Boston
.88 $200,000.00
1937 Nov. Apr .. '38
2nd Nat'l Bank, Boston
.49
250,000.00
450,000.00
$700,000.00
Paid in 1937 :
Nov.
$450,000.00
$450,000.00
Outstanding Dec. 31, 1937
$250,000.00
ACCOUNTING TRUST FUNDS
Balance Jan. 1, 1937
$236,013.49
Income, etc. Hospital Fund
5,685.03
Bequest Cemetery Fund
4,380.00
Income Cemetery Fund
2,274.91
Income R. H. S. Scholarship Fund
144.89
Income Library Fund
22.92
Income Library Fund H. G. Wadlin
28.14
Payments for Hospital Care
$ 2,779.75
Payments for Hospital Fund Adm.
120.60
Payments for Hospital Fund Premium and Int.
248.13
Payments for care Cemetery Lots
2,394.06
Payments for Scholarships
365.00
Adjustment
1,122.59
Balance Dec. 31, 1937
243,764.43
$249,671.97
$249,671.97
Hospital Fund
Balance Jan. 1, 1937
$157,060.56
Receipts, Income
5,350.34
Refunds
334.69
Payments for Hospital Care
$ 2,779.75
Payments for Administrative Exp.
120.60
Payments for Premium and Accrued Int.
248.13
Balance Dec. 31, 1937
159,597.11
$162,745.59
$162,745.59
Cemetery Bequest Fund
Balance Jan. 1 1937
$ 72,094.38
Bequests
3,930.00
308
2,164.91
Income
Payments for care endowed lots
$ 2,394.06
Balance Dec. 31, 1937
75,795.23
Reading High School Scholarship Fund
Balance Jan. 1, 1937
5,241.85 $
Income
144.89
Payments Scholarships
$ 365.00
Balance Dec. 31, 1937
5,021.74
Public Library Fund
Balance Jan. 1, 1937
$ 1,013.45
Income
22.92
Balance Dec. 31, 1937
$ 1,036.37
$ 1,036.37
$ 1,036.37
Horace G. Wadlin Fund
Balance Jan. 1, 1937
$ 1,725.84
Income
28.14
Balance Dec. 31, 1937
$
1,753.98
$ 1,753.98
$ 1,753.98
STATEMENT OF INVESTED FUNDS Cemetery Bequest Fund
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. and Imp., 6's Series B2047 5,000.00
$4,000 N. Y. C. C. R. R. Ref. Imp. 5's Series C 2013 4,000.00
Blackstone Savings Bank, Boston, No. 10672 6,363.86
Home Savings Bank, Boston, No. 368,204
10,189.03
Boston Five Cents Savings Bank, No. 948,228
12,037.47
Andover Savings Bank, No. 40,177
4,479.23
Cambridge Savings Bank, No. 89,112
4,478.86
Essex Savings Bank, Lawrence No. 230,779
4,545.61
Mechanics Savings Bank, Reading No. 5103
6,805.11
Mechanics Savings Bank, Reading No. 10,714
1,980.43
Malden Savings Bank, No. 137,262
5,588.00
Woburn Five Cents Savings Bank, No. 61,052
5,512.63
Cash in General Funds 375.00
$ 76,355.23
309
$ 78,189.29
$ 78,189.29
$ 5,386.74
$ 5,386.74
Library Fund
Investment : Boston Five Cents Savings Bank, No. 987,334 $ 1,036.37
Horace G. Wadlin Fund
Investment :
Boston Five Cents Savings Bank, No. 1,079,095 $ 1,753.98
Reading High School Scholarship Fund
Investments :
Andover Savings Bank, No. 39,861 $ 1,000.00
Charlestown Five Cents Savings Bank, No. 161,863 3,000.00
Essex Savings Bank, Lawrence, No. 230,306 1,000.00
First National Bank, Reading, Savings Dept. No. 5624 21.74
$ 5,021.74
Hospital Fund
Investments listed at par or less :
$5,000 Chicago B & Q R. R. Co., Ill., Div. "M" 31/2's, 1949 $ 5,000.00
$1,000 Conn. Lt. & Power Co., 1st Ref. S. F. 7's 1951 Series A 1,000.00
$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 U. S. Treasury Bonds 414's, 1952
5,000.00
$10,000 U. S. Treasury Bonds 278's 1938
10,000.00
$5,000 Pitts Cinn. Chicago & St. L. 41/2's 1977
5,000.00
$5,000 N. Y. Tel. Co. 1st Gen. M 41/2's 1939 5,000.00
$5,000 Old Colony R. R. 1st 5's 1945 5,000.00
5,000.00
$5,000 Penn. R. R. Co. Gen. Mort. 41/2's 1965 American Mfg. Co., Common, 72 Shares .. Home Bleachery & Dye Wks. Pfd. 2 Shares
1.00
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
7,465.61
Charlestown Five Cents Savings Bank No. 162,338 7,670.16
Essex Savings Bank, Lawrence, No. 230,778
7,576.20
Mechanics Savings Bank, Reading, No. 9189 18,769.34 First Nat. Bank, Reading, Savings Dept., No. 6435 5,472.31
310
Warren Institute for Savings, Boston, No. 135,648
10,534.74
Chelsea Savings Bank, No. 154,784
9,432.79
Malden Savings Bank, No. 141,347
5,444.54
Provident Inst. for Savings, Boston, No. 615,034
8,242.11
Suffolk Savings Bank, Boston, No. 544,673
2,053.76
Franklin Savings Bank, Boston, No. 187,890
2,050.31
Danvers Savings Bank, Danvers, No. 2189 .
1,032.78
Woburn Five Cents Savings Bank, Woburn, No. 63,401
4,613.18
Dedham Institution for Savings No. 72053 .
3,012.50
Lynn Five Cents Savings Bank, No. 244,496
2,000.00
Melrose Savings Bank, No. 52937
2,000.00
Wakefield Savings Bank
4,000.00
Cash in General Funds
2,212.78
$159,597.11
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 veri- fied bank balances and report the foregoing to be a true and accurate statement, December 31, 1937.
LEON G. BENT,
Town Accountant.
UNPAID BILLS 1937
Police Department
$ 297.12
Police Station Maintenance
37.81
Municipal Building Maintenance
7.55
Inspector of Wires
71.82
Fire Alarm
9.85
Soldiers' Relief
302.20
Election and Registration Exp.
120.00
School Tuition
48.62
Insurance
173.69
Contagious Diseases
21.00
Welfare Department
5.547.30
Water Department
10.99
Highway Department
15.30
$ 6,663.25
* Municipal Light Dept. not included.
311
BALANCE SHEET DECEMBER 31, 1937
ASSETS
LIABILITIES AND RESERVES
Cash in Banks and Offices 175,970.34
Petty Cash :
Municipal Light Department
250.00
Water Department
100.00
Mun. Light Consumer's Dep. 8,730.81
Premium on Loans and Interest
321.95
Soldiers' Relief Department
25.00
Library
15.00
Hospital Fund
2,212.78
Cemetery Reserve Fund
7,544.03
Water Reserve Fund
1,909.23
Soldiers' Memorial Fund
5,280.57
Appro. Balances forward to 1938
14,746.01
1936
17,278.12
1937
172,159.37
Motor Vehicle Excise :
Publicity Booklet
3.84
Levy of 1934
163.80
Morrison Fund
97.71
1935
549.35
1936
2,359.15
1937
4,214.38
Special Assessments :
Moth 1935
1.00
1935
746.48
1936
23.50
1937
504.76
1937
188.00
Revenue Reserved until collected :
Motor Vehicle Excise Tax
7,286.68
Sewer Assts. added to Taxes 1936
7.63
Moth Assessments 212.50
Sewer Assts. and Int. 608.06
Sidewalk Assts. and Int.
2,254.28
1937
27.59
Highway Assts. and Int. 6,578.12
Sidewalk Assts. Unapportioned
2,064.90 '
Sewer Rentals
1,290.63
Sidewalk Assts. Added to Taxes 1936
11.15
Tax Titles
25,613.13
Cemetery Bequests Account 375.00
Municipal Light Consumer's Deposit Fund Accounts Receivable :
8,730.81
Taxes : Levy of 1934
69.00
1935
746.48
Special Funds :
Public Welfare 21.99
Baseball Fund 31.20
Tailings Account
3,913.35
Reserve Fund Overlay Surplus
5,325.00
Overlays Reserved 1934
69.00
Sewer Assts. Unapportioned
453.82
1937
116.86
Sewer Assts. Int. Added to Taxes 1936
2.16
Temporary Loans in Anticipation of Reimbursement $ 21,200.00 Temporary Loans in Anticipation of Revenue 250,000.00
Guarantee Deposits :
Public Welfare Department
50.00
Sidewalk Assts. Added to Taxes 1937 142.24
Tax Possessions 5,859.47
Sidewalk Assts. Int. Added to Taxes 1936 ...
1.96
Departmental Accounts Receivable 31,603.47
1937 ยท
34.03
Water Rates and Liens 2,491.66 Municipal Light Rates, etc. 37,839.76
Highway Assts. Unapportioned
5,928.51
Highway Assts. Added to Taxes 1936
37.28
1937
446.60
Highway Assts. Int. Added to Taxes 1936 . .
12.05
155.17
1937 .
153.68
Excess and Deficiency 57,128.27
Sewer Reserve Fund 658.16
Sewer Rentals
1,290.63
Tax Titles
25,613.13
Tax Possessions
5,859.47
Departmental Accounts Receivable
31,603.47
Water Rates Receivable
1,814.69
Water Liens
676.97
County Tax Deficit
283.08
Municipal Light Rates, etc.
37,054.58
Municipal Light Dept. Notes Receivable
785.18
Cemetery Lots Deferred Payments
62.50
Cemetery Bequests
50.00
State Aid to Highways
6,453.22
County Aid to Highways
4,612.28
Overlay Deficit 1936
536.94
State Tax Deficit
1,822.50
State Parks and Reservations Deficit
125.84
School Tuition Account Deficit
52.35
$511,030.59
$511,030.59
Municipal Light Maint. and Construction Cemetery Lots and Bequests . Metropolitan Sewer Assessments Credit
8,305.02
112.50
BALANCE SHEET DECEMBER 31, 1937
Assets
Liabilities and Reserves
DEFERRED ACCOUNTS
Apportioned Sewer Asst. not due
$ 1,041.16
Apportioned Sewer Asst. Rev. 1937-1944 $ 1,041.16
S. and C. 1937-1944 1,738.20
Highway
4,914.76
Highway
1937-1945
4,914.76
$ 7,694.12
$ 7,694.12
DEPT ACCOUNT
General Dept :
Police Station Loan
$ 10 000.00
Fire Equipment Loan
1,600.00
Sewer Loan
74,000.00
Municipal Garage Loan
25,000.00
Municipal Relief Loan Chap. 188, Acts 1935
25,000.00
Chap. 107, Acts 1937
22,000.00
Public Service Enterprises Debt :
Municipal Light Loan
127,000.00
Water Loan
44,000.00
Water Filtration Plant Loan
32,000.00
$360,600.00
$360,600.00
TRUST ACCOUNTS
Hospital Fund
$159,597.11
Cemetery Bequest Fund
76,355.23
R. H. S. Scholarship Fund
5,021.74
Library Fund
1,036.37
Horace G. Wadlin Fund
1,753.98
$243,764.43
$ 243,764.43
$1,123,089.14
$1,123,089.14
S. and C. 1,738.20
Net Funded or Fixed Dept $360,600.00
Trust Funds, Cash and Securities $243,764.43
REPORT OF COLLECTOR OF TAXES
Taxes 1934
Uncollected Dec. 31, 1936 $ 1,321.62 187.89
Interest and Costs Collected
Paid Treasurer
$ 707.93
Transferred to Tax Title Account
5.70
Abated
563.02
Uncollected Dec. 31, 1937
232.80
$ 1,509.51
$ 1,509.51
Taxes and Assessments 1935
Uncollected Dec. 31, 1936
$ 13,339.81
Refunds Account Taxes
147.92
Interest and Costs Collected
769.25
Refunds Account Interest and Costs
1.60
Paid Treasurer
$ 5,167.84
Transferred to Tax Title Account
6,701.08
Abated
1,091.23
Refund Account Interest and Costs
1.60
Uncollected Dec. 31, 1937
1,296.83
$ 14,258.58 $ 14,258.58
Taxes and Assessments 1936
Uncollected December 31, 1936
$189,928.75
Refunds Account Taxes
439.69
Interest and Costs Collected
6,037.11
Refunds Account Interest and Costs
2.04
Additional Commitments 387.20
Paid Treasurer
$168,631.61
Transferred to Tax Title Account
6,991.14
Abated
1,437.00
Refund Account Interest and Costs
2.04
Uncollected Dec. 31, 1937
19,733.00
$196,794.79
$196,794.79
Taxes and Assessments 1937
General Tax Warrant
$596,060.56
Interest and Costs Collected
549.31
Refunds Account Taxes
946.53
315
Refund Account Interest and Costs
.36
Paid Treasurer
Transferred to Tax Title Account
$402,564.47 12,398.37 4,984.11
Abated
Refund Account Interest and Costs
.36
Uncollected Dec. 31, 1937 177,609.45
$597,556.76
$597,556.76
Sewer Rentals
Uncollected Dec. 31, 1936
1,390.51
Committed, 1937
8,387.82
Interest and Costs Collected
82.66
Refund
.23
Paid Treasurer
$ 8,280.81
Transferred to Tax Title Account
289.78
Uncollected Dec. 31, 1937
1,290.63
$ 9,861.22
$ 9,861.22
Highway Betterment
Commitments, 1937
$ 6,015.40
Paid Treasurer
$ 86.89
Deferred Payments
5,928.51
-$
6,015.40
$ 6,015.40
Advanced Payment Apportioned Highway
$ 284.07
Paid Treasurer
$ 284.07
$ 284.07
$ 284.07
Sidewalk Betterment
Commitments, 1937
$ 2,064.90
Deferred Payments
$ 2,064.90
$ 2,064.90
$ 2,064.90
Advanced Payment Apportioned Sidewalk
$ 156.54
Interest Collected
2.77
Paid Treasurer
$ 159.31
$ 159.31
z$ 159.31
316
Sewer Betterment
Commitment, 1937
$ 453.82
Deferred Payments
$ 453.82
$ 453.82
$ 453.82
Advanced Payment Apportioned Sewer
$ 67.65
Interest Collected
.09
Paid Treasurer
$ 67.74
$ 67.74
$ 67.74
Water Liens Added to Taxes
Uncollected Dec. 31, 1936
$ 502.96
Costs Collected
3.90
Paid Treasurer
$ 60.85
Added to 1937 Taxes
446.01
$ 506.86 $ 506.86
Water Liens Not Added to Taxes
Commitments, 1937
$ 722.48
Interest and Costs
Collected
9.70
Paid Treasurer
$ 193.90
Uncollected Dec. 31, 1937
538.28
$ 732.18 $ 732.18
Recapitulation
Total receipts from taxes and assessments :
Taxes
$546,187.55
Highway assessments and interest
1,513.30
Sidewalk assessments and interest
985.39
Sewer assessments and interest
8,652.25
Water Liens
380.08
Motor Vehicle assessments
20,844.17
Interest, costs, etc.
7,663.68
$586,226.42
Paid to Treasurer as per Treasurer's Receipts
$586,226.42
GRACE V. VIALL, Collector of Taxes.
317
REPORT OF BOARD OF ASSESSORS
To the Citizens of the Town of Reading :
This Board organized on March 2, 1937 by electing George E. Horrocks, Chairman, Arthur S. Cook, Secretary, Edgar Frost being the third member of the Board. Christine F. Atkinson and Helen W. Brown were retained as office assistants. Ruth T. Van Horn and Robert E. Parker were appointed Assistant Assessors to compile the annual Street and Alphabetical List. A total of 2200 copies of this list was published and distributed to our Townspeople. Gladys R. Dickinson was engaged to transcribe the 1937 Valuation Book required by law to be furnished the Commissioner of Taxation once every three years.
The Field Work of the Assessors and Assistant Assessors began January 2, 1937 and, due to the mild winter weather which prevailed, com- pletion of this work was greatly accelerated.
Reflecting the result of the widely circulated, attractive brochure depicting the desireability of Reading as an ideal residential community, an increase of 55 new dwelling houses, with a corresponding increase in building valuation amounting to $294,565.00, is very gratifying.
Due to changes in the taxation law governing assessment of Machinery, a severe loss in valuation of Personal Property, was sus- tained, which resulted in a net loss of Valuation of Taxable Property in the Town amounting to $7,183.
Despite this loss in Total Valuation of Taxable Property, the various Town Boards, through close study in compiling their annual budgets, made possible. a reduction of $.70 per M. in the Tax Rate for 1937.
This Board has provided a new wall map of the Town of Reading which has proven a useful and attractive addition to the office.
All abatement and exemption requests received, have been promptly acted upon and decisions rendered, in accordance with our best judge- ment.
Board meetings are held Friday evenings at the Municipal Building, from 7:30 to 9:00 P. M. for the convenience of citizens wishing to confer with the Board.
The Board respectfully submits the following 1937 statistics :
318
Valuation of Taxable Property
Buildings, exclusive of land ..
Land, exclusive of buildings ..
Personal Estate
$ 12,282,630.00 3,562,825.00 733,630.00
$ 16,579,085.00
Amount appropriated for
Town Purposes
$ 673,477.78
Amount of Overlay Deficit 1936
864.22
Amount to be paid for State
and County Taxes
65,148.93
Amount of Overlay
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