USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1947 > Part 18
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24,609.71 8,460.88 62,368.03
Municipal Light Dept. Accts. Rec.
Overlay Deficit 1940
2.00
Overlay Deficit 1941
12.00
Overlay Deficit 1942
2.00
Overlay Deficit 1944
2.00
18.00
Loans Authorized
7,000.00
Underestimates :
Middlesex County T.B. Hospital . .
669.73
Metropolitan Sewer Asst.
1,796.90
2,466.63
$674.511.14
$674,511.14
DEFERRED ACCOUNTS
Apportioned Sewer Assts. not due ..... Apportioned Sewer H.C. Assts. not due ..
$ 1,936.81 Apportioned Sewer Assts. Rev. 1947-1956
$ 1,936.81
1,232.53 Appor. Sewer H.C. Assts. Rev. 1947-1956
1,232.53
Apportioned Sidewalk Assts. not due ....
3,326.10 Appor. Sidewalk Assts. Rev. 1947-1956 ..
3,326.10
Apportioned Highway Assts. not due .....
3,665.24
Appor. Highway Assts. Rev. 1947-1956 .. 3,665.24
$ 10,160.68
$ 10,160.68
DEBT ACCOUNT
Loans Outstanding
$117,000.00 Elementary School Loan
$ 56,000.00
Storm Emergency
4,000.00
Drainage System
16,000.00
Municipal Relief 1939
4,000.00
ASSETS
LIABILITIES
Municipal Light Sewer
33,000.00 4,000.00
$117,000.00
Trust Funds, Cash and Securities . .. ....
$117,000.00 $518,188.79
Parker Hospital Fund .
$188,655.33
Grouard Hospital Fund
79,572.46
Cemetery Bequest Fund
114,569.41
R.H.S. Scholarship Fund
5,260.56
Public Library Fund
1,087.19
Wadlin Library Fund
1,944.14
Tuttle Library Fund
510.07
Post War Rehabilitation Fund
126,589.63
$518,188.79
$518,188.79
CONTRIBUTORY RETIREMENT FUND
Contributory Retirement Fund Cash
$ 604.65
Annuity Savings Fund
$ 76,786.51
Savings Bank Deposits
2,500.00
Annuity Reserve Fund
5,794.75
Cooperative Bank Shares
21,395.20
Pension Fund
58,837.95
U. S. Savings Bonds .
119,000.00
Expense Fund
186.13
Accrued Int. on Investments
841.68
Special Military Fund
2,736.19
$144,341.53
$144,341.53
Grand Total
$1,464.202.14
Grand Total
$1,464.202.14
.
.
TOWN OF READING
JANUARY 1, 1948
POPULATION 12,327
Years
Valuation
1945
Valuation Abatements In 1946
1947
Total Abatements
Net Valuation
1945 Property
$17,679,334
$ 237,041
$ 2,240
$ 4,020 $
243,301
$17,436.033
Excise
286,707
4,192
1,803
5,995
280,712
1946 Property
18,245,869
21,727
9,422
31,149
18,214.720
Excise
462,639
5,667
2,704
8,371
454,268
1947 Property
20,125,921
104,796
104,796
20,021,125
Excise
857,113
28,893
28,893
828,220
$57,657,583
$ 241,233
$ 31,437
$ 149,835
$ 422,404
$57,235,078
TOTAL VALUATION 1947
$20,983,034
NET VALUATION FOR 3 YEARS
$57,235,078
PROPERTY VALUATION 1947
$20,125,921
AVERAGE VALUATION FOR 3 YEARS
. . $19,078,359
5% OF AVERAGE VALUATION' .
$ 953,917
$
5,031.48
TAX RATE 1947
$ 39.40
Ration of Debt to Valuation
General
0.40
Enterprise
0.16
Total
0.56
FUNDED DEBT
General - Outside Limit
$ 84,000.00
P.S. Enterprise Light - Outside Limit 33,000.00
Total
$117,000.00
Available Borrowing Capacity Jan. 1, 1948 .... $ 953,917
REQ. SEC. 7
REPORT OF THE CONTRIBUTORY RETIREMENT BOARD To the Honorable Board of Selectmen :
The total membership of the Contributory Retirement System on December 31, 1946 was 164. During the year 1947, 23 new members were admitted to the system, 12 withdrew, 2 transferred to inactive member- ship, and 1 member deceased, making a total of 172 active members.
At a special town meeting held on October 27, 1947 it was voted to accept Chapter 615 of the Acts of 1947, which provides an increase not exceeding 20% of certain pensions for a temporary period of one year from the effective date, voted by the Board to be November 1, 1947.
The following is the financial statement for the year ending De- cember 31, 1947.
1947 CONTRIBUTORY RETIREMENT
Cash
Balance Jan. 1, 1947
$ 21,255.39
Receipts
Receipts 1947 :
Securities Sold
$ 39,617.13
Income on Investments
2,390.46
Contributed by Members
16,899.44
Appropriated by Town :
Pension Fund
25,777.47
Expense Fund
750.00
Military Fund
896.43
$ 86,330.93
$107,586.32
Expenditures
Payments 1947 :
Investments
$ 84,880.00
Expenses
744.57
Pensions
18,494.32
Annuities
677.61
Refunds to Members
2,185.17
$106,981.67
Balance December 31, 1947
604.65
$107,586.32
Assets
Cash, Middlesex County National Bank, Reading
$
604.65
266
Deposits on Interest : Mechanics Sav. Bank, Bk. 19442
2,500.00
Cooperative Bank Shares :
Citizens Coop. Bank, Haverhill, Bk. 10941 $ 3,739.60
Concord Coop. Bank, Bk. 5491
3,491.60
Lexington Coop. Bank, Bk. 5446
3,450.40
Roger Conant Coop. Bank, Salem, Bk. 12851
3,531.20
Wakefield Coop. Bank, Bk. 8158
3,614.40
Reading Coop. Bank, Bk. 9407
3,568.00
$ 21,395.20
Investments :
4,000 U.S. Savings Bond, 1959
$ 4,000.00
1,000
1959
1,000.00
1,000
1959
1,000.00
1,000
1959
1,000.00
10,000
1959
10,000.00
10,000
1959
10,000.00
10,000
"
1959
10,000.00
10,000
1959
10,000.00
5,000
1
1959
5,000.00.
1,000
1959
1,000.00
1,000
"
1959
1,000.00
1,000
"
1959
1,000.00
1,000
"
"
1959
1,000.00
1,000
1959
1,000.00
5,000
1959
5,000.00
10,000
1959
10,000.00
10,000
1959
10,000.00
1,000
1958
1,000.00
1,000
1958
1,000.00
3,000
1958
3,000.00
5,000
1958
5,000.00
1,000
1958
1,000.00
10,000
=
1958
10,000.00
5,000
"
1957
5,000.00
5,000
1956
5,000.00
1,000
=
1956
1,000.00
5,000
1955
5,000.00
$119,000.00
Accrued Interest on Investments
841.68
$144,341.53
267
Liabilities
Annuity Savings Fund
$ 76,786.51
Annuity Reserve Fund
5,794.75
Pension Fund
58,837.95
Expense Fund
186.13
Special Military Fund
2,736.19
$144,341.53
PHILIP R. WHITE, Chairman BOYD H. STEWART, Secretary THOMAS J. FITZPATRICK Contributory Retirement Board
REPORT OF THE BOARD OF ASSESSORS For the Year 1947
Valuation of Taxable Property
Buildings, exclusive of land
$15,060,780
Land, exclusive of buildings
3,717,855
Personal Estate
1,346,861
Total Taxable Valuation $20,125,496
Amount Appropriated for Town Purposes $1,239,334.71
Amount to be Paid for State and County Taxes 77,884.91
Amount of Overlay
30,478.97
. .
$1,347,698.59
Less Estimated Receipts
$429,247.50
Excise Tax
15,000.00
Available Funds 102,365.00 546,612.50
Net Amount to be raised on Polls
and Property
$801,086.09
Tax Rate 1947 - $39.40
Real Estate
$739,887.49
Personal Property Tax
53,066.60
Poll Tax
8,132.00
Excise Tax
31,053.22
Moth Assessment
890.60
Highway
1,629.51
Sidewalk,
1,000.15
Sewer Frontage
565.18
House Connection
489.16
268
Water Liens
35.87
December Commitment Additional Polls
16.75
12.00
$836,778.53
Valuation Comparison
1946
1947
Inc.
Valuation of Buildings
$13,858,555
$15,060,780
$ 1,202,225
Valuation of Land
3,579,040
3,717,855
138,815
Valuation of Personal Property
805,274
1,346,861
541,587
Valuation of Town Property
1,886,920
1,899,715
12,795
Valuation of Exempted Property ..
740,910
745,365
4,455
Valuation of Excise Tax
582,360
1,067,450
485,090
Total Town Valuation
$21,453,059
$23,838,026
$ 2,384,967
Net Change in Valuation
$ 2,384,967
..
HAROLD B. CURRELL RALPH T. HORN LEON G. BENT
Board of Assessors
269
REPORT OF BUILDING INSPECTOR
To the Honorable Board of Selectmen :
Gentlemen :
I hereby submit the report of the Inspector of Building for the year 1947.
There has been considerable activity in the past year as you will see by this report, and I believe you will agree that a full time inspector be appointed to handle the volume of building that is constantly in- creasing and needs one to devote his entire time to handle the inspec- tion that is really required and as it should be.
Reading, as I have reported previously is one of very few towns that has a part time inspector and it would be for the Town's interest if a full time Inspector were appointed. It has taken a lot of my time that I should have been devoting to my own business, but I felt as long as I was the Inspector I was obligated to give it as much time as I could really afford, and on several occasions it has been much more.
Here are the results of permits as issued, with the estimated cost of same as stated by the applicants and as usual in my estimation, they are at least 20% less than what they should be, but as you know the In- spector has no authority to change the estimated cost as submitted by the applicant.
131 New Dwellings 906,800.00
28 Alterations and additions to all types of building 83,040.00
21 Private garages 16,000.00
1 Telephone Exchange Addition
1 Small Office Building 40,000.00
1 Filling Station
10,000.00
1 Public Garage and Showroom
16,000.00
1 Store Front
2,500.00
5 Hen Houses
5,950.00
1 Green House
2,500.00
1 Barbecue Enclosure
700.00
1 Play House 500.00
1 Tool House 150.00
1 Ice Cream Stand 600.00
Total estimated cost of all buildings $1,088,740.00
The sum of $806.00 was received by me in fees for the above build- ing permits, which I have turned over to the Town Treasurer.
As usual I have had many complaints for violation of the Zoning By-laws which have been thoroughly investigated and brought to a satisfactory conclusion in most cases.
Respectfully submitted
GEORGE H. SIDEBOTTOM
Building Inspector
270
4,000.00
REPORT OF THE BOARD OF HEALTH
To the Citizens of Reading :
There were two hundred eleven cases of contagious diseases report- ed during the year 1947.
Anterior Poliomyelitis
2
Chicken Pox
67
Diphtheria
4
Dog Bites
58
Lobar Pneumonia
1
Measles
5
Mumps
42
Scarlet Fever
8
Septic Sore Throat
1
Tuberculosis
2
Whooping Cough
21
Respectfully submitted
E. M. HALLIGAN, M. D. C. R. BAISLEY, M. D. C. F. ATKINSON
REPORT OF DOG OFFICER
To the Honorable Board of Selectmen
Gentlemen :
I herewith submit my report as dog officer to December 31, 1947.
I have canvassed the town to see that all dogs were licensed. Un- licensed and strayed dogs have been found and disposed of as follows : 164 have been destroyed
52 have been returned to owners
55 hens destroyed by dogs
58 dog bites, 4 owners unknown
27 dogs killed by autos 604 complaints have been investigated 1 order to destroyed served 2657 miles have been covered
At this time I wish to thank the Police Department and the In- spector of Animals for their help.
Respectfully submitted CHARLES H. MELENDY
Dog Officer
271
INDEX
Accountant's Report
205
Appropriations and Expenditures
213
Balance Sheet
261
Classification of Payments
224
Invested Funds
258
Receipts
206
Town Debt
265
Treasurer's Cash
221
Trust Funds, Cash and Securities
257
Animal Inspector's Report
104
Assessors, Board of
268
Births Registered
67
Building Inspector's Report
270
Cemetery Trustees
Superintendent's Report
97 95 202
Contributory Retirement Board
266
Custodian of Soldiers' and Sailors' Graves 97
Deaths Registered
86
Dog Offiffcer's Report
271
Fire Alarm Superintendent's Report 112
Fire Chief's Report
109
Forest Warden's Report
109
Health, Board of
271
High School Site Committee Report
27
Library Trustees
Librarian's Report
157 158 9
Marriages Registered
75
Middlesex County Extension Service
102
Moth Superintendent's Report 104 113
Municipal Light Board
Auditor's Report
121
Financial Statements
122 114
Manager's Report
Planning Board 93
Plumbing Inspector's Report 127
Police Chief's Report
105
List of Jurors
Collector of Taxes Report
1
INDEX
Public Welfare Agent's Report
99
Public Works, Board of
161
Highway Department
177
Park Department
188 190
Superintendent's Report
164
Water Department
164
Recreation Committee
199
School Committee
129
Administrative Officers
130
Age-Grade Table
140
Budget
134
Change in Personnel
137
Commencement Exercises
152
High School Graduates
154
No School Signals
130
Number of Employees
138
School Calendar
131
School Faculties
141
Sealer of Weights and Measures' Report
101
Selectmen's Report
92
State Auditor's Report
85
Statistics
9
Town Clerk
Fees Received
65
Report
13
Town Counsel's Report
102
Town Election
19
Town Meetings
26
Annual Meeting
26
Special Meeting
56
Special Meeting
63
Town Officers
2
Town Warrant
13
Treasurer's Report
201
Tree Warden's Report
128
Veterans' Benefits Agent
98
Wire Inspector's Report
156
Sewer Department
Reading Chronicle Press, Inc. Reading, Massachusetts
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