USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1944 > Part 20
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Substitutes
1,947.00
Attendance Officer
500.00
School Nurse
2,199.84
Medical Inspection
1,100.00
Janitors
23,809.51
Clerical
11,625.51
Total Payments
$238,747.81
Transferred to School Maint. Acct.
3,000.00
Balance to Revenue
1,560.19
$243,308.00
School Dept. General Maintenance, Appro. Transfer from School Salaries Account Refund
$ 35,091.00
1,000.00
1.00
$ 36,092.00
Textbooks, Library, Supplementary Books $ 2,651.86
Supplies
5,952.41
General Control Expense
2,247.87
Supervision Expense
418.99
Principal's Office Expense
266.57
275
Commencement
280.89
Other Expenses of Instruction
830.44
Compulsory Attendance
204.13
Medical Service
32.09
Nurse Service
558.58
Fuel
8,020.18
Other Expenses of Oper. Plant
7,100.11
Maintenance
4,920.32
Capital Outlay
2,533.18
Auxiliary Agency, Tuition
66.57
Total Payments
$ 36,084.19
Balance to Revenue
7.81
$ 36,092.00
School Transportation, Appropriation
$ 6,200.00
Expended
$ 5,920.50
Balance to Revenue
279.50
$ 6,200.00
School Cafeteria's Appropriation
15,000.00
Transfer from School Salaries Account
2,000.00
Transfer from Reserve Fund
525.00
$ 17,525.00
Pay Roll
$ 4,331.97
Supplies
13,190.67
Total Payments
$ 17,522.64
Balance to Revenue
2.36
$ 17,525.00
Industrial Tuition, Appropriation
$ 1,500.00
City of Malden
$ 211.75
City of Somerville
129.20
City of Lowell
4.00
City of Boston
68.17
Essex County Agr. School
268.00
City of Medford
267.89
City of Lawrence
3.60
Total Payments
$ 952.61
Balance to Revenue
547.39
$ 1,500.00
276
School Department, New Furnaces Account
Appropriation
$ 13,000.00
Engineering Services
$ 1,076.80
Payments on Contracts
11,555.70
Other Payments
367.50
$ 13,000.00
School Department, New High School Plans
Appropriation
$ 4,000.00
Survey and Travel
$ 401.06
Engineering Services
290.06
$ 691.12
Balance to 1945
3,308.88
$ 4,000.00
School Dept. Retirement for Teachers
in Service, Appropriation
$ 760.00
Mass. Teachers' Retirement Board
$ 760.00
School Dept. Unpaid Tuition Bill 1941, Appro. City of Malden
$
30.80
School Dept. Elementary School Plans,
Transferred from O.A.A. Account Balance to 1945
$
2,500.00
Public Library, Salaries, Appropriation
$ 6,346.20
Librarian's Salary
$ 1,874.25
Asst. Librarians
2,811.38
Other Assistants
750.93
Janitor
902.95
$ 6,339.51
Balance to Revenue
6.69
$ 6,346.20
Public Library Maintenance, Appropriation
3,300.00 $
Telephone
$ 48.24
Books and Periodicals
2,182.27
Binding and Cleaning
206.52
Printing and Supplies
112.02
Furniture and Equipment
17.50
Fuel
313.48
Lights
164.05
Water and Sewer
36.48
Building Repairs and Supplies
169.90
$ 30.80
$ 2,500.00
277
Ash Removal
14.13
All Other 25.22
Total Payments
Balance to Revenue
$ 3,289.81 10.19
$ 3,300.00
Cemeteries Appropriation
$ 10,100.00
Transfer from Cemetery Reserve Fund
1,000.00
Transfer from Cemetery Bequest Fund
2,543.16
Transfer from Reserve Fund
600.10
Transfer from Care of Soldiers' Graves
174.70
$ 14,417.96
Superintendent's Salary
$ 3,172.00
Clerical
988.00
Pay Rolls
8,181.03
Materials and Supplies
2,068.32
Total Payments
$ 14,409.35
Balance to Revenue
8.61
$ 14,417.96
Care Soldiers' Graves, Appropriation
$ 600.00
Transferrred from Reserve Fund
55.90
$ 655.90
Pay Roll $ 655.90
Department of Public Works:
Administrative Office, Appropriation
$ 6,260.00
Superintendent's Salary
$ 3,771.79
Clerical
1,732.99
Telephones
220.21
Office Supplies
310.73
Engineering Supplies
192.66
Miscellaneous
11.40
Total Payments
$ 6,239.78
Balance to Revenue
20.22
$ 6,260.00
278
Highway Department: Appropriation Transfer
$ 42,000.00
170.28
$ 42,170.28
Pay Roll
$ 24,274.88
Road Material
6,462.67
Supplies and Tools
2,409.64
Road Machinery Account
7,199.31
All Other
806.29
Total Payments
$ 41,152.79
Transfer to Chap. 90 Maint.
1,000.00
Balance to Revenue
17.49
$ 42,170.28
Maintenance of Storm Drains :
Appropriation
$ 4,185.00
Pay Roll
$ 3,439.16
Supplies and Misc.
703.07
Total Payments
$ 4,142.23
Balance to Revenue
42.77
$ 4,185.00
Storm Drain Development :
Appropriation
$ 5,000.00
Pay Roll
$ 2,227.43
Pipe and Supplies
2,363.05
Road Machinery Account
409.52
Total Payments
$ 5,000.00
Sidewalk Maintenance and Construction :
Appropriation
$ 4,250.00
Pay Roll
$ 3,111.14
Materials, etc.
1,129.91
Total Payments
$ 4,241.05
Balance to Revenue
8.95
$ 4,250.00
Snow and Ice Removal :
Appropriation
$ 10,500.00
Pay Roll
$ 5,817.21
Plowing and Hauling
669.02
279
Repairs and Supplies
2,750.94
Road Machinery Account All Other
1,064.24
169.27
Total Payments
$ 10,470.68
Balance to Revenue
$ 29.32
$ 10,500.00
Chapter 90 Maintenance :
Transferred from Highway Department
$ 1,000.00
Aid from State
1,000.00
Aid from County
1,000.00
$ 3,000.00
Pay Roll
$ 1,572.94
Road Material
787.31
Road Machinery Account
639.75
Total Payments
$ 3,000.00
Road Machinery Fund :
Appropriation
$ 13,500.00
Receipts : Refunds from Gas Tax
179.13
$ 13,679.13
Repairs to equipment, gasoline and oil
$ 11,892.71
Balance to 1945
1,786.42
$ 13,679.13
John Street Dump :
Appropriation
$ 1,650.00
Pay Roll
$ 1,642.81
Balance to Revenue
7.19
$ 1,650.00
Drainage System Installation :
1944 Balance Forward
$ 2,178.27
Pay Roll
$ 1,064.27
Legal Services
63.50
Total Payments
$ 1,127.77
Balance to 1945
1,050.50
$ 2,178.27
280
Mineral Street Bridge :
$ 1,800.00 Appropriation
Pay Roll
$ 404.65
Construction Materials
801.11
Road Machinery Account
121.72
Total Payments
$ 1,327.48
Transfer to Snow and Ice Account
400.00
Balance to Revenue
72.52
$ 1,800.00
Victory Gardens :
Appropriation
$ 1,015.00
Pay Roll
$ 383.64
Misc.
4.72
Road Machinery Account
299.00
Total Payments
$ 687.36
Transfer to Snow and Ice
300.00
Balance to Revenue
27.64
$ 1,015.00
Salvage Account :
Appropriation
$ 735.00
Pay Roll
$ 735.00
Post War Planning :
Appropriation
$ 3,000.00
Pay Roll
$ 205.74
Engineering
269.00
Total Payments
$ 474.74
Balance to 1945
2,525.26
$ 3,000.00
Park Department :
Appropriation
$
4,500.00
Memorial Park
$ 686.36
Leach Park
101.61
Skating Rink
410.14
Commons
309.04
Washington St.
1,013.65
Birch Meadow
1,067.58
281
Miscellaneous
424.54
Road Machinery Account
485.55
Total Payments
$
4,498.47
Balance to Revenue
1.53
$ 4,500.00
Sewer Department Maint. and Const. and Int .: Appropriation
$ 12,800.00
Pay Roll
$ 6,973.16
Interest on Bonds
850.00
Insurance
673.39
Tools and Supplies
1,818.84
Road Machinery Account
1,735.44
Total Payments
$ 12,050.83
Balance to Revenue
749.17
$ 12,800.00
Sewer Department House Connection :
Appropriation
$ 1,500.00
Pay Roll
$ 1,283.94
Pipe and Miscellaneous
216.06
$ 1,500.00
Water Department, Maintenance, Construction,
Bonds and Interest :
Appropriation
$ 50,000.00
Transfer
85.19
Pay Roll
$ 16,278.90
Bonds
9,000.00
Interest on Bonds
460.00
Insurance
722.66
Telephones
160.07
Light and Power
5,703.27
New Meters
252.00
Supplies, Tools, and Fittings
3,575.40
Fuel
240.19
Repairs
122.27
Road Machinery Account
1,383.47
All Other
1,295.85
Total Payments
$ 39,194.08
Balance to Water Reserve
10,891.11
$ 50,085.19
$ 50,085.19
282
Municipal Light Department
Balance from 1943
$ 71,438.66
Receipts :
Sales Light and Power
398,272.27
Merchandise and Jobbing
34,929.27
Street Light Appropriation
14,000.00
Miscellaneous
1,022.63
$519,662.83
Payments :
Pay Roll :
Construction
$ 2,524.47
Operation
102,372.59
Bonds
22,000.00
Interest
1,952.50
Bills :
Construction
1,488.86
Operation
54,465.51
Energy Purchased
165,190.47
Paid to Town
51,800.00
Total Payments
$401,794.40
Balance to 1945
117,868.43
$519,662.83
Municipal Light Dept. Underground Installation
Balance from 1943
$ 1,431.59
Balance to 1945
$ 1,431.59
Municipal Light Dept. Special Account
Balance from 1943
$ 6,000.00
Bonds
$ 2,000.00
Balance to 1945
4,000.00
$ 6,000.00
Special Committee Low Cost Houses
Balance from 1943
$ 500.00
Payments
$ 242.85
Balance to 1945
257.15
$500.00
283
Interest, not incl. Water, Light and Sewer
Appropriation
$ 3,000.00
Elementary School
$ 1,400.00
Relief Loans
338.75
Drainage
337.50
Municipal Garage
157.50
Fire Equipment
45.00
Storm Damage
25.00
County Hospital
7.50
Temporary Loans
13.00
Total Payments
$ 2,324.25
Balance to Revenue
675.75
$ 3,000.00
Maturing Debt, Not incl. Water and Light
Appropriation
$ 38,000.00
Relief Loans
$ 12,000.00
Sewer
7,000.00
Drainage
6,000.00
Elementary School
6,000.00
Fire Equipment
2,000.00
Municipal Garage
2,000.00
Storm Damage
2,000.00
County Hospital
1,000.00
Total Payments
$ 38,000.00
Insurance Account
Appropriation
$ 11,373.92
Receipts :
Municipal Light Dept.
1,284.48
Water Dept.
722.66
Sewer Dept.
373.39
$ 13,754.45
Payments :
Fire Schedule
$ 3,681.30
Workmen's Compensation
3,876.88
Public Liability
448.87
Burglary and Robbery
363.30
Auto Pub. Liab. and Property Damage
2,952.56
Auto Fire and Theft
367.66
284
Surety Bonds
694.25
General Liability
357.24
Miscellaneous
18.68
Gas Shovel
78.75
Appraisal
120.00
Total Payments
$ 12,959.49
Transferred to Other Accts.
552.00
Balance to Revenue
242.96
$ 13,754.45
Personal Injuries, Elmer A. Dykens
Appropriation
$ 65.00
Payments
$ 65.00
Unpaid Bills, 1940-42
Appropriation
$ 237.00
Payments
$ 237.00
House for Dogs
Transfer from General Aid Account
$
400.00
Payments
$ 171.83
Balance to 1945
228.17
$ 400.00
Rent American Legion Quarters
Appropriation
$
1,500.00
Reading Veterans' Assn. $ 1,500.00
Memorial Day Observance
Appropriation
$ 800.00
Transfer from Reserve Fund
35.00
$ 835.00
Payments
$ 830.85
Balance to Revenue
4.15
$ 835.00
Contributory Retirement Fund
Appropriation
$ 18,763.00
Contributory Retirement System $ 18,763.00
285
Servicemen's Retirement
Appropriation Contributory Retirement System $ 1,019.69 $ 1,019.69
Reserve Fund
Appropriation
$ 4,000.00
Miscellaneous Expense Account $ 100.00
Memorial Day Observance
35.00
Municipal Building Maint.
100.00
Recreation Committee
250.00
Garbage Collection
133.32
Cemeteries
600.10
Assessors Expense
600.00
Fire Dept. Salaries
12.45
Treasurer's Clerical
10.00
Care Soldiers' Graves
55.90
School Cafeterias
525.00
Town Counsel's Expenses
100.00
Police Dept. Pension
367.35
Police Dept. Maintenance
100.00
Election and Registration Acct.
1,000.00
Total Transfer
$ 3,989.12
Balance to Revenue
10.88
$ 4,000.00
Land Court Expenses
Appropriation
$ 300.00
Payments, Land Court
$ 207.70
Balance to Revenue
92.30
$ 300.00
Town Forest
Appropriation
$ 1,700.00
Pay Roll
$ 1,516.00
Balance to Revenue
184.00
$
1,700.00
286
Publication Street List
Appropriation
$ 600.00
Payments Balance to Revenue
$ 529.15
70.85
$ 600.00
Tercentenary Committee
Appropriation
$ 1,000.00
Balance from 1943
200.00
$ 1,200.00
Payments :
Flowers
$ 6.00
Express
45,00
Music, Band, Amplifier
135.00
Printing and Typing
441.64
Hall
50.00
Pictures
30.00
Watchmen
43.50
Prizes
50.00
Total Payments
$ 801.14
Balance to Revenue
398.86
$
1,200.00
Post War Planning Committee
Appropriation
$
500.00
Balance to 1945
$ 500.00
Capital Expenditures Planning Commmittee
Appropriation
$
500.00
Payments
$ 185.91
Balance to 1945
314.09
$ 500.00
287
------
Excess and Deficiency Account
Balance from 1943
$162,779.34
Receipts Redemption of Property
2,584.39
Sale of Land
221.00
Additional Poll Tax Commitment
90.00
Additional Real Estate Commitment
96.26
Additional Personal Estate Commitment
32.90
Adjustments
11,12
Transfer from Fire Loss Special Account
288.00
Transfer of Receipts in Excess of Estimate
30,961.52
Transfer of Unexpended Balances Appro. Accts.
23,725.81
$220,790.34
Transfer from Tax Titles
$ 3,614.36
Transfer to Post War Rehabilitation Fund
75,000.00
Balance to 1945
142,175.98
$220,790.34
Outstanding Debt Balancing Account
Outstanding Jan. 1, 1944
$329,500.00
Loans paid in 1944:
Fire Equipment
$ 2,000.00
Light Department
24,000.00
Water Department
6,000.00
Sewer Department
7,000.00
Middlesex County Hospital
1,000.00
Municipal Relief
12,000.00
Municipal Garage
2,000.00
Drainage 1939
1,000.00
Drainage 1941
5,000.00
Storm Emergency
2,000.00
Elementary School
6,000.00
Water Filtration Plant
3,000.00
$ 71,000.00
Outstanding Dec. 31, 1944
258,500.00
$329,500.00
288
TOWN DEBT DETAIL OF MATURITIES
Year
Municipal
Light
Elementary
School
Quannapowitt
Drainage
Sewer
Municipal
Relief '35
Municipal
Relief '39
Storm
Emergency
Water
Water
Filtration
Municipal
Garage
Fire
Equipment
Totals
1945
$18,000
$6,000
$5,000
$6,000
$3,000
$8,000
$2,000
$6,000
$3,000
$2,000
$2,000
$61,000
1946
16,000
6,000
5,000
6,000
2,000
2,000
4,000
2,000
1,500
44,500
1947
14,000
6,000
4,000
6,000
2,000
2,000
2,000
36,000
1948
· 8,000
6,000
4,000
2,000
2,000
2,000
24,000
1949
5,000
5,000
4,000
2,000
2,000
2,000
20,000
1950
4,000
5,000
4,000
13,000
1952
2,000
5,000
7,000
1954
2,000
5,000
7,000
1955
2,000
5,000
7,000
1956
1,000
5,000
6,000
1957
1,000
5,000
6,000
1958
1,000
5,000
6,000
1959
1,000
1,000
$81,000 $74,000 30,000 $22,000
$3,000
$16,000 $10,000 $10,000
$3,000
$6,000
$3,500 $258,500
1951
4,000
5,000
4,000
13,000
1953
2,000
5,000
7,000
TRUST FUNDS, CASH AND SECURITIES
Balance Jan. 1, 1944
$272,410.62
Hospital Fund Income
4,802.19
Cemetery Bequest Fund Income
2,440.33
Cemetery Bequest Fund Bequests
5,030.00
R. H. S. Scholarship Fund Income
85.79
Public Library Fund Income
21.54
Public Library Fund (H. G. Wadlin) Income
36.08
Hospital Fund Payments :
For Hospital Care
$ 593.09
For Administrative Expenses
120.00
Loss on Sale of Securities
1,200.00
Cemetery Bequest Fund :
For Care of Endowed Lots and Graves
2,543.16
R. H. S. Scholarship Fund :
For Scholarships
25.00
$ 4,481.25
Balance Dec. 31, 1944
280,345.30
$284,826.55
$284,826.55
Hospital Fund
Balance Jan. 1, 1944
$171,295.28
Receipts Income
4,802.19
Loss on Sale of Securities
$ 1,812.50
Payments for Hospital Care and Adm.
712.89
Balance Dec. 31, 1944
173,572.08
$176,097.47
$176,097.47
Cemetery Bequest Fund
Balance Jan. 1, 1944
$ 93,168.98
Receipts Income
2,440.33
Receipts Bequests
5,030.00
Payments for care of Lots and Graves
$ 2,543.16
Balance Dec. 31, 1944
98,096.15
$100,639.31
$100,639.31
Reading High School Scholarship Fund
Balance Jan. 1, 1944
$ 5,078.90
Receipts Income
85.79
Payments Scholarship
$ 25.00
Balance Dec. 31, 1944
5,139.69
$ 5,164.69
$ 5,164.69
L.
290
Library Fund
Balance Jan. 1, 1944
$ 1,072.03 21.54
Receipts Income Balance Dec. 31, 1944
$ 1,093.57
$ 1,093.57 $ 1,093.57
Library Fund (H. G.' Wadlin)
Balance Jan. 1, 1944
$ 1,795.43
Receipts Income
36.08
Balance Dec. 31, 1944
$ 1,831.51 $ 1,831.51
STATEMENT OF INVESTED FUNDS
Hospital Fund
Investments Listed at Par or Less :
$ 7,000 U. S. Savings Bonds Series D 1949 $ 5,250.00
$ 4,050-100 Shares First National Bank, Boston 4,050,00
$ 5,000 Chicago B & Q R.R. Co., Il1. Div. "M" 31/2's, 1949 5,000.00
$ 5,000 Chicago B & Q R.R. Co., Ill. Div. 4's, 1949 5,000.00
$ 5,000 Penn R.R. Co. Gen. Mort. 41/2's, 1965 5,000.00
$ 3,000 U. S. Treasury Bonds Series G 21/2's, 1954 3,000.00
$27,000 U. S. Treasury Bonds Series G 21/2's, 1955
27,000.00
$49,000 U. S. Treasury Bonds Series G 21/2's, 1956 49,000.00
American Mfg. Co., Common, 72 Shares
1.00
Home Bleachery & Dye Works, Pfd., 2 Shares
11.00
Sharp, Mfg. Co., Ffrd., 55 Shares
1.00
Sharp Mfg. Co., Common, 20 Shares (10921300)
1.00
Andover Savings Bank, No. 39860
5,570.76
Charlestown Five Cents Savings Bank, No. 162338
5,836.82
Essex Savings Bank, Lawrence, No. 230778 5,734.80
Mechanics Savings Bank, Reading, No. 9189
2,778.58
First National Bank, Reading, Savings Dept. No. 6435. . . 3,030.80
Chelsea Savings Bank, No. 154784 6,207.20
Danvers Savings Bank, No. 2189
1,256.41
Dedham Institute for Savings, No. 72053
3,497.13
Franklin Savings Bank, Boston, No. 187890
2,350.84
Lynn Five Cents Savings Bank, No. 244496
2,312.17
Malden Savings Bank, No. 141347
6,526.73
Melrose Savings Bank, No. 52937
2,362.28
Providence Institute for Savings, Boston, No. 615034
3,437.46
Wakefield Savings Bank, No. 45111
4,666.55
Warren Institute for Savings, Boston, No. 135648
1,898.93
Woburn Five Cents Savings Bank, No. 63401 5,355.36
Cash in General Fund 7,435.26
$173,572.08
291
Cemetery Bequest Fund
Investments listed at Par :
$17,000 U. S. Treasury Bonds, Series G 21/2's, 1954 $ 17,000.00
$10,000 U. S. Treasury Bonds, Series G 21/2's, 1955 10,000.00
$13,000 U. S. Treasury Bonds, Series G 21/2's, 1956 13,000.00
$ 5,000 New Eng. Tel. & Tel. 1st Mort. 5's, Series A, 1952 5,000.00
$ 4,000 N. Y. C. R. R. Ref. Imp. 5's, Series C., 2013 4,000.00
$ 5,000 No. Pac. Ry. Ref. Imp. 6's, Series B 2047 5,000.00
Blackstone Savings Bank, Boston, No. 10672
1,014.38
Home Savings Bank, Boston, No. 368204
2,502.86
Boston Five Cents Savings Bank, No .. 948228
4,253.50
Andover Savings Bank, No. 40177
5,178.48
Cambridge Savings Bank, No. 89112 . ..
5,355.91
Essex Savings Bank, Lawrence, No. 230779
5,276.89
Mechanics Savings Bank, Reading, No. 5103
3,395.03
Mechanics Savings Bank, Reading, No. 10714
3,458.37
Malden Savings Bank, No. 137262
6,698.68
Woburn Five Cents Savings Bank, No. 61052 6,399.50
Cash in General Fund
.
562.50
$ 98,096.15
Library Fund
Investment :
Boston Five Cents Savings Bank, No. 987334
$ 1,093.57
Library Fund (Horace G. Wadlin)
Investment :
Boston Five Cents Savings Bank, No. 1079095 $ 1,831.51
Reading High School Scholarship Fund
Investments :
Andover Savings Bank, No. 39861 $ 1,000.00
Charlestown Five Cents Savings Bank, No. 161863 3,000.00
Essex Savings Bank, Lawrence, No. 230306 1,000.00
First National Bank, Reading Savings Dept., 5624 139.69
$ 5,139.69
I hereby certify that, in accordance with the provisions of Section 55, Chapter 41 of the General Laws, I have audited the account 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, 1944.
LEON G. BENT,
Town Accountant
292
TOWN OF READING BALANCE SHEET DECEMBER 31, 1944
ASSETS
LIABILITIES
Cash in Banks
$430,111.01
Municipal Light Dept. Consumers' De- posits
$ 13,163.54 557.14
Municipal Light Dept. Consumers' Dep. Fund
13,163.54
Overlay 1943
$ 7,813.65
Accounts Receivable :
Overlay 1944
13,010.07
20,823.72
Taxes : Levy of 1943 Personal
$ 114.41
Real Estate
7,699.24
Overlay Reserve
19,921.59
Levy of 1944 Poll
32.00
Premium and Interest Account
820.08
Personal
1,287.65
Hospital Fund Transfer Account
7,435.26
Real Estate .
54,917.53
64,050.83
Cemetery Bequest Fund Transfer Acct.
562.50
7,997.76
557.14
Cemetery Reserve Fund
6,544.02
Special Assessments :
Special Funds :
Moth and Tree Work 1943
16.00
Moth and Tree Work 1944
80.70
96.70
Morrison Fund
9.23
Baseball Fund
72.00
Sewer Assts. Unapportioned
936.41
Sewer Assts. added to taxes 1943
5.52
Sewer Assts. added to taxes 1944
62.61
Special Welfare Fund ..
10.00
Sewer Assts. Int. added to taxes 1943
.88
Salvage Fund (General Cash)
71.90
Sewer Assts. Int. added to taxes 1944
13.14
1,018.56
Withholding Taxes due State
4,832.84
Tailings Account 460.38
Sewer H. C. Assts. Unapportioned 703.31
Recovery Account
702.15
6,217.33
Taxes Special Chap. 227 Acts 1944 Motor Vehicle Excise 1944
382.28
Unexpended Appropriation Balances ...
21,917.33
Edw. W. & Philips H. Raymond Fund 16.78
Dog License Fees Due County . 34.80
Sporting License Fees Due State ·
7.25
.
Cash in Offices .
490.00
Taxes Special
BALANCE SHEET (Continued)
ASSETS
Sewer H. C. Assts. added to taxes 1943
11.21
Sewer H. C. Assts. Int. added to taxes 1944
27.63
Sewer H. C. Assts. Int. added to taxes 1943
2.79
Sewer H. C. Assts. Int. added to taxes 1944
5.22
750.16
Sewer Assts. and Interest
1,018.56
Sewer H. C. Assts. and Interest
750.16
Sidewalk Assts. Unapportioned
790.15
Sewer Rentals
1,273.62
Sidewalk Assts. and Interest
941.17
Sidewalk Assts. added to taxes 1944
112.37
Highway Assts. and Interest
484.39
Sidewalk Assts. Int. added to taxes
1943
3.13
Tax Titles
6,378.32
Tax Possessions
5,781.24
Departmental Accounts
27,419.31
Municipal Light Accts. Rec.
39,551.58
Water Rates and Liens
5,389.32
89.194.90
Highway Assts. added to taxes 1944
296.61
Water Dept. Available Surplus
46,981.11
Real Estate Account
3,291.00
1943
24.24
Road Machinery Account
14,135.00
Road Machinery Fund
1,786.42
Loans Authorized Unissued
7,000.00
Surplus Revenue (Excess & Deficiency)
142,175.98
Post War Rehabilitation Fund
75,000.00
Victory Garden Plowing added to taxes 1944
28.25
LIABILITIES
Municipal Light Dept. Maint. Account .. 117,868.43 Municipal Light Dept. Underground Ext. 1,431.59 Municipal Light Dept. Special Account .. 4,000.00
123,300.02
Revenue Reserved until collected : Motor Vehicle Excise .. 382.28
Moth and Tree Assessments 96.70
28.25
Sidewalk Assts. Int. added to taxes
1944
19.81
941.17
Highway Assts. added to taxes 1943
100.39
Highway Assts. Int. added to taxes
Highway Assts. Int. added to taxes
1944
63.15
484.39
Salvage Fund
5,800.91
Sidewalk Assts. added to taxes 1943
15.71
Victory Garden Assts.
Sewer Rentals
1,273.62
Loans Authorized
7,000.00
Tax Titles
6,378.32
Tax Possessions
5,781.24
State Aid to Highways
1,000.00
County Aid to Highways
1,000.00
Departmental Accounts
27,419.31
Water Rates
5,342.69
Water Liens added to taxes 1944
46.63
Municipal Light Dept. Accts. Receivable
39,551.58
Metropolitan Sewer Asst. Deficit
35.43
R. H. S. Scholarship Fund due General Cash
25.00
$606,927.85
$606,927.85
DEFERRED ACCOUNTS
Apportioned Sewer Assts. not due
$ 1,368.50
Apportioned Sewer Assts. Rev. 1945-1952
$ 1,368.50
Apportioned Sewer H. C. Assts. not due
466.35
Apportioned Sewer H. C. Assts. Rev. 1945-1953
466.35
Apportioned Sidewalk Assts, not due
4,040.62
Apportioned Sidewalk Assts. Rev. 1945-1952
4,040.62
Apportioned Highway Assts. not due
8,434.07
Apportioned Highway Assts. Rev. 1945-1953
8,434.07
$ 14,309.54
$ 14,309.54
DEBT ACCOUNT
Loans Outstanding
$258,500.00
Municipal Relief 1935
$ 3,000.00
Municipal Relief 1939
16,000.00
Elementary School
74,000.00
Municipal Garage
6,000.00
Drainage System
30,000.00
Sewer
22,000.00
Fire Equipment
3,500.00
Storm Emergency
10,000.00
Public Service Enterprises Municipal Light Dept.
81,000.00
Water Dept. 10,000.00
Water Filtration Plant
3,000.00
$258,500.00
$258,500.00
TRUST FUNDS, CASH AND SECURITIES
Trust Funds, Cash and Securities $279,733.00
Hospital Fund
$173,572.08
Cemetery Bequest Fund
98,096.15
R. H. S. Scholarship Fund
5,139.69
Public Library Fund
1,093.57
Public Library Fund (H. G. Wadlin)
1,831.51
$279,733.00
$279,733.00
CONTRIBUTORY RETIREMENT FUND
ASSETS
LIABILITIES
Contributory Retirement Fund Cash
$ 1,138.20
Annuity Savings Group I
$ 35,114.43
Savings Bank Deposits
6,045.00
Annuity Savings Group II
4,777.63
Co-operative Bank Shares
11,000.40
Annuity Reserve Group I
2,608.71
Bank Stock
4,250.00
Annuity Reserve Group II 478.62
United States Bonds
11,000.00
Pension Accumulation Fund Group I
30,186.52
Other Securities
50,803.32
Pension Accumulation Fund Group II
4,735.32
Accrued Interest on Investments
823.54
Expense Account
52.56
Undistributed Income
6,086.98
Special Military Account
1,019.69
$ 85,060.46
$ 85,060.46
$1,244.530.85
$1,244.530.85
.
REPORT OF THE CONTRIBUTORY RETIREMENT BOARD
To the Honorable Board of Selectmen :
The total membership of the Contributory Retirement System De- cember 31, 1943 was 137. During the year 1944 thirteen members were admitted to the system, five withdrew, nine retired and 2 members de- ceased, making a total membership of 134 active members.
The following is the financial statement for the year ended De- cember 31, 1944.
CONTRIBUTORY RETIREMENT FUND 1944
Cash
Balance January 1, 1944
$ 2,006.47
Receipts
Receipts 1944 :
Securities Sold
$ 38,411.00
Income on Investments
2,098.41
Contributions by Members
10,246.19
Accrued Interest
615.19
Appropriation by Town :
Pension Accumulation Fund . .
18,063.00
Expense Fund
700.00
Spec. Fund Chap. 419, Acts 1943
1,019.69
71,153.48
$ 73.159.95
Expenditures
Payments 1944 :
Investments
$ 52,071.00
Accrued Interest
380.35
Pensions
17,111.42
Annuities
336.79
Refunds to members
1,414.26
Administration Expense
707.93
72,021.75
Cash
Balance December 31, 1944
1,138.20
$ 73,159.95
297
Assets
Cash First National Bank
$
1,138.20
Deposits on Interest :
Mechanics Savings Bank Bk. 19442 $ 3,045.00
Melrose Savings Bank Bk. 57239
1,000.00
Natick 5c Savings Bank Bk. 60456
1,000.00
Pilgrim Trust Co., Boston, Bk. 6254
1,000.00
6,045.00
Co-operative Bank Shares :
Citizen's Co-operative Bank, Haverhill, Bk. 10941 $ 1,956.40
Concord Co-operative Ban, Bk. 5491 1,747.20
Lexington Co-operative Bank, Bk. 5446
1,775.20
Reading Co-operative Bank, Bk. 9407
1,869.60
Roger Conant Co-operative Bank, Salem, Bk. 12851
1,769.60
Wakefield Co-operative Bank, Bk. 8158 1,882.40
11,000.40
Investments :
$3,000 Brooklyn Union Gas Co. 31/2's 1969 $ 3,168.75
2,000 Detroit Edison Co. 3's 1970 2,119.02
3,000 Great Northern Ry. Co. 33/4's 1967 3,195.00
1,000 Great Northern Ry. Co. 5's 1973 1,058.54 6,000 Louisiana & Arkansas Ry. Co. 5's 1969 5,942.12 2,000 Luzene County Pa. Gas & Electric 31/4's 1966 2,152.10
8,000 New York Central & Hudson R. R. 31/2's 1997 6,922.52
2,000 Northern Indiana Public Service Co. 31/8's 1973
2,063.25
3,000 Pacific Gas & Electric Co. 3's 1974 .. 1,000 Public Service Co. of N. H. 314's 1973 5,000 Schuylkill & Lehigh R. R. Co. 4's 1948 1,000 Southern Calif. Edison Co. 3's 1965 .. 6,000 Southern Pacific Railroad Co. 4's 1955 1,000 U. S. Savings Bond Series G 1956 ..
3,119.67
1,088.99
5,000.00
1,052.14
6,251.29
1,000.00
5,000.00
5,000 U. S. Savings Bond Series G 1955 .. 5,000 U. S. Savings Bond Series G 1956 ... 5,000 Westchester Lighting Co. 31/2's 1967
5,000.00
5,502.02
2,000 Wisconsin Power & Light Co. 31/4's 1971 2,167.91
298
50 Shares First National Bk., Boston Cert. No. 207258, 183404, 184626 2,850.00 50 Shares National Shawmut Bk, Boston, Cert. No. 34674, 43093 1,400.00
Accrued interest on Investments ..
$ 66,053.32 1
823.54
$ 85,060.46
Liabilities
Annuity Savings Fund :
Group 1
$ 35,114.43
Group 2
4,777.63
39,892.06
Annuity Reserve Fund :
Group 1
$ 2,608.71
Group 2
. 478.62
3,087.33
Pension Accumulation Fund :
Group 1
$ 30,186.52
Group 2
4,735.32
34,921.84
Expense Fund
52.56
Undistributed Income
6,086.98
Special Military Account
1,019.69
$ 85,060.46
J. WARREN KILLAM, JR., Chairman LEON G, BENT, Secretary JOHN J. O'BRIEN Contributory Retirement Board
299
TOWN OF READING - POPULATION 10,866
Years
Valuation
1942
Valuation Abatements in 1943
1944
Total Abatements
Net Valuation
1942
$17,560,707
$ 119,458
$ 9,185
$ 6,535
$ 135,178
$ 17,425,529
Excise
724,463
18,470
7,060
25,530
698,933
1943
17,596,044
189,971
28,000
217,971
17,378,073
Excise
489,510
10,429
1,597
12,026
477,484
1944
17,560,325
228,470
228,470
17,331,855
Excise
369,826
7,764
7,764
362,062
$54,300,875 $ 137,928 $ 216,645
$ 272,366
$ 626,939
$ 53,673,936
Total Valuation 1944
$17,930,151.00
Net Valuation for 3 years ...
$53,673,936
Property Val. 1944
$17,560,325.00
Average Valuation for 3 years 17,891,312
Tax Rate 1944
$
35.00
3% of Average Valuation ..... 536,739
Req. Sec. 7
$
4,390.08
Ratio of Debt to Valuation : Gen. $0.92
Enterprise W 0.07 Total $1.44 L 0.45
.52
Debt inside limit Debt outside limit
Total Debt
Net Debt
E
$ 9,500
$ 9,500
L $81,000.00 l
94,000
94,000
W 13,000.00 5
. G
155,000
155,000
$ 258,500
Available Borrowing Capacity on January 1, 1945 ...... $527,239
REPORT OF COLLECTOR OF TAXES For the Year Ended December 31, 1944
Taxes and Assessments 1942
Uncollected December 31, 1943
Interest and Costs Collected
Adjustment
Paid Treasurer
$ 24,184.23
Transferred to Tax Title
806.45
Abated
228.75
Uncollected December 31, 1944
.00
$ 25,219.43
$ 25,219.43
Taxes and Assessments 1943
Uncollected December 31, 1943
$ 73,114.17
Committed 1944
20.00
Interest and Costs Collected
1,745.53
Refund Account Taxes
904.09
Refund Account Interest and Costs
1.80
Adjustment
.07
Paid Treasurer
$ 65,768.24
Refund Account Interest and Costs
1.80
Refund Account Overpayment
91.36
Transferred to Tax Title
862.44
Abated
1,068.30
Uncollected December 31, 1944
7,993.52
$ 75,785.66
$ 75,785.66
Taxes and Assessments 1944
General Tax Warrant
$641,224.08
Interest and Costs Collected
420.79
Refund Account Taxes
1,640.06
Paid Treasurer
$572,915.52
Refund Account Overpayment
128.39
Transferred to Tax Title
2,134.45
Abated
10,730.99
Uncollected December 31, 1944
57,375.58
$643,284.93
$643,284.93
Sewer Rentals
Uncollected December 31, 1943
$ 1,204.04
Committed 1944
10,554.17
Interest and Costs Collected
123.99
Paid Treasurer
$ 10,541.96
Transferred to Tax Title
47.02
Abated
19.60
Uncollected December 31, 1944
1,273.622
$ 11,882.20
$ 11,882.20
Highway Betterment
Committed
$ 509.95
Paid Treasurer
$ 257.15
Deferred Payments
252.80
$ 509.95
$ 509.95
Advance Payments Apportioned Highway
370.82
Interest Collected
1.50
Paid Treasurer
372.32
$ 372.32
$ 372.32
$ 23,666.49 1,552.44 .50
301
Sidewalk Betterment
Uncollected December 31, 1943 Committed 1944 Paid Treasurer Deferred Payments Uncollected December 31, 1944
$ 49.87
790.15
$ 30.00
19.87
790.15
$ 840.02
$ 840.02
Advance Payments Apportioned Sidewalk
162.33
Interest Collected
.87
Paid Treasurer
163.20
Sewer Betterment
Uncollected December 31, 1943
$ 347.39
Committed 1944
1,212.21
Paid Treasurer
$ 496.68
Deferred Payments
126.51
Uncollected December 31, 1944
936.41
$ 1,559.60
$ 1,559.60
Advance Payments Apportioned Sewer Paid Treasurer
$ 61.11
$ 61.11
Sewer House Connection
Uncollected December 31, 1943
$ 452.19
Committed 1944
703.31
Paid Treasurer
$ 131.89
Deferred Payments
320.30
Uncollected December 31, 1944
703.31
$ 1,155.50
$ 1,155.50
Advance Payments Sewer House Connection ..
92.41
Interest Collected
.27
Paid Treasurer
92.68
$ 92.68
$ 92.68
Certificates of Municipal Liens
$ 98.00
Paid Treasurer
Estate of Deceased Persons
Uncollected December 31, 1943
$ 1,891.21
Committed 1944
557.14
Paid Treasurer
$ 400.00
Abated
1,491.21
Uncollected December 31, 1944
557.14
$ 2,448.35
$ 2,448.35
Recapitulation
Total Receipts from Taxes and Assessments ...
$646,678.43
Highway Assessments and Interest
629.47
Sidewalk Assessments and Interest
193.20
Sewer Assessments and Interest
11,099.75
House Connections and Interest
224.57
Motor Vehicles Assessments
12,870.80
Interest Costs, etc.
3,816.76
$675,512.98
Paid Treasurer as per Treasurer's Receipts
$675,512.98 WILLIAM E, MORRISON, Collector of Taxes
302
$ 163.20
$ 163.20
Certificates
$ 98.00
INDEX
Page
Accountant's Report
243
Appropriations and Expenditures
251
Balance Sheet
293
Classification of Payments
260
Receipts
244
Town Debt
289
Treasurer's Cash
258
Trust Funds, Cash and Securities
290
Invested Funds
291
Animal Inspector's Report
115
Births Registered
75
Births Registered for Previous Years
81
Board of Appeal
109
Board of Assessors
118
Board of Health
112
Board of Public Welfare
103
Welfare Superintendent's Report
104
Board of Public Works
193
Executive Office
236 211
Highway Department
Park Department
225
Sewer Department
228
Superintendent's Report
195
Water Department
196
Building Inspector's Report
120
Cemetery Trustees
106
Superintendent's Report 107
Collector of Taxes Report
301
Contributory Retirement Board Report
297
Custodian of Soldiers' and Sailors' Graves
108
Deaths Registered 90
Drainage Committee's Report
237
Fire Alarm Superintendent's Report
114
Fire Chief's Report
113
Forest Warden's Report
109
Library Trustees Report
98
Librarian's Report
99
List of Jurors
11
Marriages Registered
82
Moth Superintendent's Report
117
303
INDEX
Page
Municipal Light Board Report
121
Auditor's Report
123
Financial Statements
124
Manager's Report
122
Notice to Parents, Housewives, Physicians and Midwives
73
Planning Board
102
Plumbing Inspector's Report
106
Police Chief's Report
110
Recreation Committee Report
239
School Committee
127
Administrative Officers
128
Age-Grade Table
151
Budget
133
Change in Personnel
135
Commencement Exercises
152
High School Graduates
153
No School Signals
129
Number of Employees
137
School Plant Survey
155
School Schedule
129
Superintendent's Report
145
Teachers in Service, Dec. 31. 1944
139
Selectmen's Report
96
Statistics
10
Tercentenary Committee Report
97
Town Clerk Fees Received
94
Town Clerk's Report
14
Town Counsel's Report
116
Town Election
17
Town Meetings
28
Annual
28
Election
20
Special: November 27
67
Presidential Primary
Warrant
40
Primaries
41
Town Officers
2
Town Warrant
14
Treasurer's Report
242
Tree Warden's Report
117
Veterans' Benefits Agent 103
Wire Inspector's Report
115
304
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