Town of Reading Massachusetts annual report 1948, Part 15

Author: Reading (Mass.)
Publication date: 1948
Publisher: The Town
Number of Pages: 246


USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1948 > Part 15


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Advance Payment Apportioned Highway


$


51.22


Paid Treasurer


$ 51.22


$ 51.22


$ 51.22


Sidewalk Betterment


Uncollected December 31, 1947


$ 2,784.78


Committed 1948


3,232.98


Paid Treasurer


$ 545.56


Betterment Apportioned


2,239.22


Uncollected December 31, 1948


3,232.98


$ 6,017.76


$ 6,017.76


Advance Payment Apportioned Sidewalk


$ 344.86


Interest Collected


4.26


Paid Treasurer


$ 349.12


$ 349.12


$ 349.12


Sewer Betterment


Uncollected December 31, 1947


$ 1,851.27


Committed 1948


11,698.33


Paid Treasurer


$ 634.26


Betterment Apportioned


1,217.21


Uncollected December 31, 1948


11,698.13


$ 13,549.60


$ 13,549.60


Advance Payment Apportioned Sewer


$


201.14


Paid Treasurer


$ 201.14


$ 201.14


$ 201.14


206


Sewer House Connection


Uncollected December 31, 1947


Committed 1948


Paid Treasurer


$ 579.10


Abatements


49.94


Betterment Apportioned


1,974.66


Uncollected December 31, 1948


4,845.61


$ 7,449.31


$ 7,449.31


Advance Payment Sewer House Connection


$ 521.37


Paid Treasurer


$ 521.37


$ 521.37


$ 521.37


Estate of Deceased Persons


Uncollected December 31, 1947


$


312.65


Committed 1948


872.18


Paid Treasurer


$ 100.00


Abatements


55.80


Uncollected December 31, 1948


1,029.03


$ 1,184.83


$ 1,184.83


Moth Department


Committed 1948


$ 2,592.91


Paid Treasurer


$ 1,722.41


Abatements


15.00


Added to 1948 Real Estate Taxes


855.50


$ 2,592.91


$ 2,592.91


Departmental Accounts


Tuition


$ 23,040.21


Sewer House Conn. Acct.


118.12


Public Welfare


1,507.48


Granolithic Construction


30.77


Old Age Assistance


55,238.53


Aid to Dependent Children


7,279.10


Public Health


402.14


Guarantee Deposit-Main Pipe Construction


325.00


Paid Treasurer


$ 87,941.35


$ 87,941.35


$ 87,941.35


207


$ 2,603.70 4,845.61


Water Rates and Miscellaneous


Uncollected December 31, 1947


Committed 1948


$ 8,460.88 78,532.98


Refunds


186.67


Paid Treasurer


$ 74,870.10


Abatements


640.52


Water Liens added to taxes


137.65


Uncollected December 31, 1948


11,532.26


$ 87,180.53


$ 87,180.53


Abatements


Cancellation of Abatements


$ 279.80


Paid Treasurer


$ 279.80


$ 279.80


$ 279.80


Certificates


Certificates of Municipal Liens


$ 217.06


Paid Treasurer


$ 217.06


$ 217.06


$ 217.06


Recapitulation of Receipts


Taxes and Assessments


$970,549.65


Sewer Rentals


13,810.78


Betterments


2,969.46


Estate of Deceased Persons


100.00


Departmental Accounts


89,663.76


Water Rates and Miscellaneous


74,870.10


Cancellation of Abatements


279.80


Certificates of Municipal Liens


217.06


Paid Treasurer as per Treasurer's Receipts


$1,152,460.61


$1,152,460.61 $1,152,460.61


WILLIAM E. MORRISON


Collector of Taxes


208


REPORT OF THE TREASURER


4


For the Year Ended December 31, 1948


The transactions in the General Cash Account, in summary form, were as follows:


Balance January 1, 1948


Receipts


$ 460,562.43 3,378,607.09


$3,839,169.52


Disbursements


3,117,138.75


Balance December 31, 1948


$ 722,030.77


Funded Debt


Outstanding January 1, 1948


$117,000.00


Bonds and Notes issued in 1948 600,000.00 $ 717,000.00


Bonds and Notes paid in 1948


24,000.00


Outstanding December 31, 1948


693,000.00 $ 717,000.00


Temporary Loans


Outstanding January 1, 1948


None


Notes issued in 1948


$250,000.00 $ 250,000.00


Notes paid in 1948


$250,000.00


Outstanding December 31, 1948


None $ 250,000.00


A more detailed statement of receipts and disbursements and a statement of the trust funds are presented in the report of the Town Accountant.


PRESTON F. NICHOLS


Treasurer


209


Annual Report


of the


TOWN ACCOUNTANT


Receipts and Expenditures


For the Year Ended December 31, 1948


RECEIPTS 1948


General Revenue


Taxes


Current Year:


Poll


Personal


$ 7,451.00 53,161.77


Real Estate


811,999.34


$872,612.11


Previous Years:


Poll


38.00


Personal


3,761.55


Real Estate


43,342.36


Tax Title Redemptions


227.06


$ 47,368.97


From State:


Corporation Tax, Proportion


$ 63,485.08


Income Tax, Proportion


On Education


18,603.85


On Valuation


60,811.60


$ 79,415.45 $ 100.00


Estate of Deceased Persons


Licenses


Board of Selectmen:


Amusement


149.00


Auctioneer


18.00


Bowling


5.00


Inn Holder


1.00


Junk


20.00


Lord's Day


140.00


Peddler


1.00


Second Hand Articles


10.00


Second Hand Auto


130.00


Taxicab


16.00


Theater


5.00


Trucking


12.00


Victualer


140.00


$ 647.00


Board of Health:


Frozen Dessert


$ 10.00


Pasteurization


10.00


Physiotherapist


2.00


Undertaker


5.00


$ 27.00


Town Clerk:


Dog


$ 192.80


Fishing and Hunting


96.50


$ 289.30


212


Permits


Marriage


$ 296.00


325.75


Plumbing Revolver


54.50 $ 676.25


Fines and Forfeits


Court Fines


$ 105.00


Grants and Gifts


Federal Grants:


For Old Age Assistance


$ 66,142.51


For Aid to Dependent Children


6,007.92


From the State:


Vocational Education


774.21


Meals Tax


4,267.17


From the County:


On Dog Licenses


1,751.73


$ 78,943.54


Special Assessments


Moth and Tree


$ 919.10


Sewer


1,428.26


Sewer House Connection


1,829.00


Sidewalk and Curbing


1,976.56


Highway


1,277.32


$ 7,430.24


Privileges


Motor Vehicle Excise


$ 43,963.34


Peddlers Licenses from State


48.00


$ 44,011.34


Departmental - General Government


Selectmen:


Advertising Hearings


$ 26.50


Sale of Books


353.80


Sale of Equipment


12.00


Treasurer, Duplicate Deeds


3.00


Collector's Charges and Fees


920.31


Town Clerk


1,134.08


Board of Appeal, Hearings


45.00


$ 2,494.69


Protection of Persons and Property


Police Department:


Sale of Materials and Equipment


$ 107.02


Damage Losses


25.00


Bicycle Registration


94.75


Ambulance Fees


962.00


213


Sealer of Weights and Measures


49.35


Inspector of Buildings


953.00


Moth and Tree


1,722.41 $ 3,913.53


Health and Sanitation


Tuberculosis, State Subsidy


$ 402.14


Inspector of Milk and Food


22.50


Dog Clinic


188.00


Sewer Rentals


13,654.15


$ 14,266.79


Highways


State and County, Joint Maint. Chapt. 90 $ 1,000.00


State and County, Joint Const., Chapt. 90


13,794.42


Sidewalks and Curbing


30.77


Snow and Ice Removal, State


1,361.50


Road Machinery Rentals


21,082.80


Sale of Junk


12.00


$ 37,281.49


Charities


Reimbursement for Relief:


From Individuals


$ 423.52


From Cities and Towns


1,094.51


Reimbursement for A.D.C .:


From the State


7,279.10


Reimbursement for O.A.A .:


From Cities and Towns


1,997.23


From the State


65,264.16


Sale of Car


450.00


$ 76,508.52


Veterans' Benefits


From the State


$ 3,662.03


Schools


Tuition, State Wards


822.47


Other Tuition


21,443.53


Sale of Textbooks and Supplies


221.52


Cafeterias


37,004.81


W.F.A. Reimbursements (Milk Fund)


9,461.92


$ 68,954.25


Library


Fines


$ 929.19


F.W.A. Plans for Addition


1,400.00 $ 2,329.19


214


Unclassified


Sale of Real Estate


$ 975.00


Mun. Light Dept. to Town


54,000.00


Fire and Damage Settlements


202.36


Reimbursements for Insurance:


From Light Dept.


1,898.40


From Water Dept.


1,257.30


From Sewer Dept.


890.51


$ 59,223.57


Public Service Enterprises


Light Department:


Sale of Light and Power


$587,648.51


Mdse. and Jobbing


137,060.78


Miscellaneous (Refunds)


2,597.59


$727,306.88


Water Department:


Sale of Water


$ 64,963.45


Service, Repairs, etc.


9,906.65


Liens added to Taxes


96.40


Sale of Materials


15.00


$ 74,981.50


Cemeteries


Sale of Lots and Graves


$ 2,992.50


Care of Lots and Graves


5,394.29


Care of Endowed Lots (Int. on Funds)


2,888.17


Soldiers' Graves


302.00


$ 11,576.96


Interest


On Sewer Rentals


$ 45.68


On Deferred Taxes


1,476.99


On Special Assessments


569.37


On Investment Funds


2,657.31


On Public Trust Funds:


Hospital Funds


5,090.00


Scholarship Fund


100.00


Cemetery Fund


1,815.28


On Motor Vehicle Excise


34.37


On Tax Title Redemptions


68.00


$ 11,857.00


Municipal Indebtedness


Anticipation of Revenue Loan


$250,000.00


New Elementary School Loan


500,000.00


Water Construction Loans


40,000.00


Sewer Construction Loan


60,000.00


Premiums


4,518.25


$854,518.25


215


Agency, Trust and Investment


Sporting Licenses for State


$ 740.75


Dog Licenses for County


2,167.20


Cemetery Perpetual Care Funds


22,210.00


Withholding Taxes, Federal


71,806.18


Mass. Hospital Service


7,683.70


Sewer House Conn. Guarantee Deposits


465.00


Recording Fees


20.74


Tailings


288.03


Investment Fund Transactions


127,000.11


$232,381.71


Refunds


Fishing and Hunting Licenses


$ 224.00


Welfare General Aid


90.40


Aid to Dependent Children


3.00


Old Age Assistance


697.85


Insurance


14.76


School Cafeterias


11.70


Land Court Expense


5.95


School General Maintenance


185.85


Veterans' Aid


80.00


Public Works Dept .- Highway


14.90


Public Works Dept .- Parks


8.98


Road Machinery-Gas Tax


470.58


Moth and Tree


6.00


Municipal Light Dept.


172.42


Water Dept.


12.78


Accrued Interest


162.50


All Other


77.78


$ 2,239.45


$3,378,607.09


216


APPROPRIATIONS AND EXPENDITURES


Balance Appropriated from 1947


1948


Other Credits


Total


Payments


Transfers


Bal. Dec. 31


General Government


Selectmen's Expenses


$ 1,000.00


$ 1,000.00


$ 987.73


$ 12.27


Selectmen's Clerical


2,055.00


2,055.00


2,055.00


Town Accountant's Salary


3,450.00


3,450.00


3,450.00


Town Accountant's Clerical


504.00


504.00


504.00


Town Accountant's Expenses


600.00


600.00


599.01


.99


Treasurer's Salary


1,775.00


1,775.00


1,775.00


Treasurer's Clerical


565.00


565.00


565.00


Treasurer's Expenses


900.00


250.00


1,150.00


1,132.11


17.89


Collector's Salary


3,278.75


3,278.75


3,278.75


Collector's Clerical


3,200.00


200.00


3,400.00


3,400.00


Collector's Expenses


1,900.00


1,900.00


1,896.04


3.96


Assessors' Salaries


3,187.50


3,187.50


3,187.50


Assessors' Clerical


3,830.00


3,830.00


3,830.00


Assessors' Expenses


2,850.00


2,850.00


2,783.82


66.18


Town Counsel's Salary


1,756.25


1,756.25


1,756.25


Town Counsel's Expenses


800.00


800.00


793.13


6.87


Town Clerk's Salary


1,290.00


1,290.00


1,290.00


Town Clerk's Clerical


1,750.00


230.00


1,980.00


1,979.77


.23


Town Clerk's Expenses


2,000.00


2,000.00


1,792.91


207.09


Registrars' Salaries


450.00


450.00


450.00


Registrars' Expenses


1,364.00


1,364.00


1,303.17


60.83


Election and Registration Exp.


5,000.00


15.00


5,015.00


4,186.23


828.77


Planning Board Expenses


500.00


500.00


475.61


24.39


Board of Appeal Expense


75.00


50.00


125.00


108.50


16.50


Finance Committee, Clerical


100.00


100.00


100.00


Finance Committee, Expense


250.00


250.00


98.56


151.44


Municipal Building Maintenance


2,000.00


1,440.00


3,440.00


3,127.09


312.91


Janitor's Services, Mun. Bldg.


1,590.00


1,590.00


1,590.00


$ 48,020.50


$ 2,185.00


$ 50,205.50


$ 48,495.18


$ 1,710.32


Balance Appropriated from 1947 1948


Other


Bal.


Credits


Total


Payments


Transfers


Dec. 31


Protection of Person and Property


Police Dept. Salaries


$ 51,856.67


$ 51,856.67


$ 51,855.79


.88


Police Dept. Pensions


4,483.16


40.00


4,523.16


4,512.24


10.92


Police Dept. Maintenance


7,600.00


1,093.84


8,693.84


8,693.65


.19


Police Station Maintenance


2,615.00


100.00


2,715.00


2,714.37


.63


Fire Dept. Salaries


38,500.00


38,500.00


38,446.87


53.13


Fire Dept. Callmen Salaries


4,000.00


4,000.00


3,841.05


158.95


Fire Dept. Pensions


3,850.00


60.00


3,910.00


3,902.92


7.08


Fire Dept. Maintenance


4,025.00


1,425.00


5,450.00


5,441.09


8.91


Fire Stations Maintenance


3,905.00


1,230.00


5,135.00


5,133.62


1.38


Fire Alarm Maintenance


2,400.00


2,400.00


2,388.53


11.47


Fire Alarm Extension


1,500.00


1,500.00


1,015.97


484.03


Hydrant Rentals


500.00


500.00


500.00


Moth & Tree Depts., Salaries & Wages


14,993.64


14,993.64


14,915.12


78.52


Moth & Tree Depts. Maintenance


4,392.50


6.00


4,398.50


4,396.28


2.22


Inspector of Buildings Salary


1,000.00


650.00


1,650.00


1,625.00


25.00


Inspector of Buildings Expenses


100.00


100.00


72.83


27.17


Inspector of Wires Salary


210.00


210.00


210.00


Inspector of Wires Expenses


100.00


100.00


45.18


54.82


Sealer of Weights & Measures Salary


551.00


551.00


551.00


Sealer of Weights & Measures Exp.


250.00


250.00


233.50


16.50


Game Warden's Salary


105.00


105.00


105.00


Dog Officer's Salary


330.00


330.00


330.00


Dog Officer's Expenses


300.00


300.00


297.60


2.40


Traffic Control, Pearl St.


650.00


650.00


619.50


30.50


$148,216.97 $ 4,604.84


$152,821.81


$151,847.11


$ 974.70


..


Health and Sanitation


Board of Health Salaries


$ 315.00


$ 315.00


$ 315.00


Board of Health Expenses


350.00


350.00


281.40


68.60


Health Officer's Salary


487.50


487.50


487.50


Inspector of Plumbing Salary


550.00


550.00


550.00


Inspector of Animals Salary


220.00


220.00


165.00


55.00


Inspector Milk & Food Salary


220.00


220.00


220.00


Care of Contagious Diseases


5,000.00


5,000.00


2,098.12


2,901.88


Garbage Collection


6,500.00


6,500.00


5,019.09


1,000.00


480.91


Dental Clinic


1,500.00


1,500.00


1,499.17


.83


Child Welfare


400.00


400.00


400.00


$ 15,542.50


$ 15,542.50


$ 11,035.28


$ 1,000.00


$ 3,507.22


Charities and Aid


Public Welfare Adm. Salaries


$ 4,350.00


4,350.00


4,289.60


60.40


Public Welfare Exp.


660.00


660.00


576.01


83.99


Public Welfare General Aid


21,000.00


90.40


21,090.40


20,380.02


160.00


550.38


Aid to Dep. Children Adm.


1,760.00


1,760.00


1,741.66


18.34


Aid to Dep. Children


20,710.00


3.00


20,713.00


16,545.18


4,167.82


A.D.C. Adm. Federal Grants


171.92


767.64


939.56


939.56


A.D.C. Federal Grants


5,240.28


5,240.28


5,240.28


Old Age Assistance Adm.


5,970.00


250.00


6,220.00


6,215.07


4.93


Old Age Assistance


102,650.00


697.85


103,347.85


89,750.77


4,000.00


9,597.08


O.A.A. Adm. Federal Grants


3,574.98


3,574.98


3,574.98


O.A.A. Aid Federal Grants


62,567.53


62,567.53


62,567.53


$


171.92


$157,100.00


$ 73,191.68


$230,463.60


$211,820.66


$ 4,160.00


$ 14,482.94


..


Balance Appropriated from 1947


1948


Other Credits


Total


Payments


Transfers


Dec. 31


Veterans Benefits


Salaries


$ 1,161.00


$ 15.75 $


1,176.75


$ 1,176.75


Office Expenses


575.00


575.00


462.88


112.12


Aid


8,264.00


80.00


8,344.00


7,562.45


781.55


$ 10,000.00


$ 95.75


$ 10,095.75


$ 9,202.08


$ 893.67


Education


School Dept. Salaries


$358,439.10


$ 7.00


$358,446.10


$353,326.93


$ 5,119.17


School Dept. Maintenance


61,000.00


185.85


61,185.85


60,446.43


739.42


School Dept. Transportation


13,500.00


13,500.00


12,846.75


653.25


School Cafeterias


50,000.00


9,473.62


59,473.62


45,965.25


13,508.37


School Dept. Industrial Tuition


3,000.00


269.90


3,269.90


3,269.90


School Dept. New High School Plans


13.83


13.83


13.83


School Dept. F.W.A. School Plans ....


3,000.00


3,000.00


123.62


2,876.38


School Dept. Land Purchase, Oak St.


589.50


589.50


589.50


School Dept. Safety Equipment


2,894.41


2,894.41


1,711.55


1,182.86


School Dept. Retirement for Teachers


120.00


120.00


120.00


Elementary School Plans


276.38


276.38


276.38


Land Purchase Birch Meadow


9,808.20


9,808.20


153.00


9,655.20


$ 16,582.32


$486,059.10


$ 9,936.37


$512,577.79


$478,239.81


$ 34,337.98


Public Library Salaries


$ 7,800.00


$ 125.00


$ 7,925.00


$ 7,924.26


.74


Public Library Maintenance


4,425.00


160.48


4,585.48


4,569.09


16.39


Public Library Plans F.W.A.


$


1,400.00


1,400.00


2,800.00


2,800.00


$


1,400.00


$ 12,225.00


$ 1,685.48


$ 15,310.48


$ 15,293.35


$ 17.13


5


Bal.


Public Works


Public Works Adm. Salaries


$ 6,350.00


$ 6,350.00


$ 6,336.72 870.67


$ 13.28


Public Works Expenses


875.00


875.00


4.33


Highway Dept. Salaries


40,600.00


40,600.00


40,481.47


118.53


Highway Dept. Expenses


29,250.00


14.90


29,264.90


29,232.44


32.46


Chap. 90 Const. Lowell St. 1947


$ 14,783.41


14,783.41


14,537.81


245.60


Chap. 90 Const. Lowell St. 1948


5,000.00


15,000.00


20,000.00


3,721.09


16,278.91


Chap. 90 Maintenance


1,500.00


1,500.00


1,500.00


Street Lighting


16,500.00


16,500.00


16,500.00


Mineral St. Bridge Plan


250.00


250.00


250.00


Wescroft Rd. Betterment


2,275.42


2,275.42


1,755.53


519.89


Springvale Rd. Betterment


350.91


350.91


350.91


Harvard St. Betterment


351.20


351.20


351.20


George St. Betterment Sal.


1,350.00


1,350.00


1,350.00


George St. Betterment Exp.


1,869.00


1,869.00


1,869.00


Curtis St. Betterment Sal.


2,650.00


2,650.00


2,650.00


Curtis St. Betterment Exp.


3,666.00


3,666.00


3,666.00


Barrows Rd. Betterment Sal.


950.00


950.00


684.35


265.65


Barrow Rd. Betterment Exp.


1,143.00


1,143.00


1,123.75


19.25


John Carver Rd. Betterment Sal.


2,250.00


2,250.00


2,213.76


36.24


John Carver Rd. Expenses


2,748.00


2,748.00


2,731.48


16.52


Nichols Rd. Betterment Sal.


2,400.00


2,400.00


2,400.00


Nichols Rd. Betterment Exp.


2,877.00


2,877.00


2,519.45


357.55


Pine Ridge Rd. Betterment Sal.


800.00


800.00


796.59


3.41


Pine Ridge Rd. Expenses


970.00


970.00


884.29


85.71


Oak Ridge Rd. Betterment Sal.


400.00


400.00


400.00


Oak Ridge Rd. Betterment Exp.


507.00


507.00


126.16


380.84


Street Widening Washington St. Sal.


2,100.00


2,100.00


2,100.00


Street Widening Washington St. Exp.


1,900.00


1,900.00


1,900.00


Drainage System Installation


1,050.50


1,050.50


1,050.50


Bal.


Balance Appropriated from 1947 1948


Other Credits


Total


Payments Transfers


Dec. 31


Maintenance of Storm Drains Sal.


3,300.00


3,300.00


3,294.65


5.35


Maintenance of Storm Drains Exp.


2,800.00


2,800.00


2,799.52


.48


Drainage Construction Sal.


8,150.00


8,150.00


6,149.32


2,000.68


Drainage Construction Exp.


5,200.00


5,200.00


5,199.30


.70


Drinking Fountains


100.00


100.00


100.00


Sidewalk Construction Sal.


9,700.00


9,700.00


9,693.08


6.92


Sidewalk Construction Exp.


3,100.00


3,100.00


3,099.10


.90


Snow and Ice Removal Sal.


25,000.00


25,000.00


23,861.70


1,138.30


Snow and Ice Removal Exp.


20,000.00


3,200.00


23,200.00


23,076.60


123.40


Snow and Ice Removal Sal. 1947


1,307.91


1,307.91


1,307.91


Snow and Ice Removal Exp. 1947


554.91


554.91


554.91


Snow & Icc Removal Sal. Emergency


3,815.82


3,815.82


3,815.82


Snow & Ice Removal Exp. Emergency


5,076.93


5,076.93


5,076.93


Sewer Dept. Sal.


8,200.00


8,200.00


8,194.72


5.28


Sewer Dept. Exp.


9,400.00


9,400.00


9,296.53


103.47


Sewer Dept. House Conn. Sal.


8,100.00


8,100.00


7,396.29


703.71


Sewer Dept. House Conn. Exp.


2,500.00


2,500.00


2,484.48


15.52


John Street Dump Wages


2,700.00


600.00


3,300.00


3,292.69


7.31


John Street Dum ; Expenses


200.00


200.00


196.80


3.20


Park Dept. Sal. & Wages


6,800.00


6,800.00


6,800.00


Park Dept. Expenses


2,750.00


8.98


2,758.98


2,716.05


42.93


Recreation Committee


4,500.00


4,500.00


4,498.54


1.46


Water Dept. Maint. Sal.


33,000.00


33,000.00


32,964.24


35.76


Water Dept. Exp.


37,000.00


6,512.78


43,512.78


43,443.46


69.32


Water Dept. Garage


24,178.89


24,178.89


24,178.89


Post War Plans Public Works


675.30


675.30


675.30


IKun. Garage Ext. F.W.A. Plans


300.00


300.00


300.00


Road Machinery Fund Road Machinery Account


20,250.62 182.18


13,600.00


21,553.38 23,500.00


41,804.00


23,500.00


18,304.00 540.72


$ 76,046.25


$323,720.00


$ 80,782.79


$480,549.04


$374,820.57


$ 23,500.00


$ 82,228.47


Unclassified


Insurance


16,000.00


$ 4,060.97 $ 20,060.97


$ 19,608.56


$ 452.41


Rent American Legion Quarters


1,500.00


1,500.00


1,500.00


Rent V.F.W. Quarters


650.00


650.00


650.00


Memorial Day Observance


1,150.00


1,150.00


1,016.65


133.35


Contributory Retirement Fund


22,569.00


22,569.00


22,569.00


Land Court Expense ..


275.00


275.00


60.34


214.66


Post War Planning Committee


495.00


495.00


495.00


Printing Town By-laws


500.00


500.00


465.00


35.00


Publication Street List


1,150.00


1,150.00


920.86


229.14


Capital Exp. Planning Committee


151.80


500.00


651.80


175.24


476.56


Parking Area Maint.


63.69


450.00


528.69


522.00


6.69


Aid to Agriculture


100.00


100.00


98.05


1.95


Wage & Sal. Class. Committee


250.00


42.25


292.25


158.50


133.75


Care and Lighting Old So. Clock


150.00


11.00


161.00


160.18


.82


Dog Pound


16.48


16.48


16.48


Damage Claims


300.00


300.00


300.00


Reserve Fund


15,000.00


15,000.00


11,296.74


3,703.26


Publication Town Report


1,850.00


1,850.00


1,557.50


292.50


Committee for Town Manager


100.00


100.00


100.00


Remodelling Bldg. for Moth Dept.


2,500.00


2,500.00


2,496.27


3.73


$


1,476.97


$ 49,244.00


$ 19,129.22


$ 69,850.19


$ 51.974.63


$ 11,296.74


$ 6,578.82


15.00


37,282.18


36,741.46


Bal.


Balance Appropriated from 1947 1948


Other Credits


Total


Payments Transfers


Dec. 31


Light and Cemeteries


Municipal Light Dept. Maint.


28,611.80


$727,479.30


$756,091.10


$694,720.17


$ 40,377.56


$ 20,993.37


Municipal Light Dept. Depr.


67,097.91


40,377.56


107,475.47


100,593.35


6,882.12


$ 95,709.71


$767,856.86


$863,566.57


$795,313.52


$ 40,377.56


$ 27,875.49


Cemeteries Salaries


$ 12,200.00


$ 3,790.17


$ 15,990.17


$ 15,933.78


$ 56.39


Cemeteries Expenses


5,000.00


1,500.00


6,500.00


6,091.96


408.04


Care of Soldiers' Graves


1,000.00


1,000.00


1,000.00


$ 18,200.00


$ 5,290.17


$ 23,490.17


$ 23,025.74


$ 464.43


Municipal Indebtedness


Int., not incl. Water, Light & Sewer


$ 2,680.00


$ 2,680.00


$ 1,643.54


$ 1,036.46


Mat. Debt, not incl. Water & Light ....


14,000.00


14,000.00


14,000.00


$ 16,680.00


$ 16,680.00


$ 15,643.54


$ 1,036.46


Loans in Anticipation of Revenue ....


$250,000.00


$250,000.00


$250,000.00


Other Expenditures


Refunds, Taxes, Assts. etc.


4,974.64


4,974.64


4,974.64


Recreation Committee Petty Cash


15.00


15.00


15.00


Dog License Fees for County


$ 43.00


2,167.20


2,210.20


2,045.60


164.60


Fish. & Hunt. Lic. Fees, Town Clerk


10.00


964.75


974.75


964.25


10.50


Parker Hospital Fund


4,893.33


3,054.80


7,948.13


5,950.79


1,997.34


Grouard Hospital Fund


475.00


2,040.00


2,515.00


1,990.00


525.00


Cemetery Perpetual Care Beq.


260.00


5,210.00


5,470.00


4,383.75


1,086.25


Cemetery Perpetual Care Int.


612.50


1,815.28


2,427.78


1,815.28


612.50


Cemetery Dept. Transactions


17,000.00


17,000.00


17,000.00


..


R.H.S. Scholarship Fund Post War Rehabilitation


350.00


$ 1,589.63


4,114.31 125,000.00


350.00 5,703.94 125,000.00


350.00 2,334.70 125,000.00


3,369.24


Post War Rehabilitation Tr.


Premiums on Loans


4,518.25


4,518.25


1,292.31


3,225.94


Tailings Account


758.59


288.03


1,046.62


434.72


611.90


Withholding Tax


6,507.55


71,806.18


78,313.73


72,296.48


6,017.25


Blue Cross


655.75


7,683.70


8,339.45


7,700.65


638.80


Sewer H.C. Guarantee Deposits


9.57


140.00


149.57


9.57


48.00


92.00


Recording Fees Deposits


2.25


20.74


22.99


20.74


2.25


Salvage Committee


6,577.67


139.63


6,717.30


173.50


6,543.80


State Parks & Reservations


1,056.20


1,056.20


1,056.20


Auditing Municipal Accts.


3,236.49


3,236.49


2,930.99


305.50


Auditing Retirement System


70.11


70.11


70.11


Metropolitan Sewer Asst.


21,639.66


21,639.66


21,639.66


County Tax


33,303.61


33,303.61


33,303.61


Middlesex County T.B. Hospital


6,383.97


6,383.97


6,383.97


Unpaid Bill, Welfare Dept.


160.00


160.00


160.00


New Station Wagon Welfare Dept.


2,850.00


2,850.00


2,375.30


474.70


$ 22,394.84


$320,002.55


$342,397.39


$316,671.82


$ 50.25


$ 25,675.32


Non-Revenue Accounts


New Elementary School


$790,101.66


$790,101.66


$281,685.17


$508,416.49


Sewer Const. 1947


5,000.00


60,000.00


65,000.00


47,845.63


17,154.37


Water Const. Sal. 1947


6,000.00


6,000.00


6,000.00


Water Const. Exp. 1947


9,000.00


9,000.00


9,000.00


Water Const. Sal. 1948


10,000.00


10,000.00


4,817.49


5,182.51


Water Const. Exp. 1948


15,000.00


15,000.00


14,407.17


592.83


$ 5,000.00


$890,101.66


$895,101.66


$363,755.46


$531,346.20


$218,782.01 $1,285,008.07 $2,424,862.37 $3,928,652.45 $3,117,138.75


$ 80,384.55


$731,129.15


CLASSIFIED STATEMENT OF FUNDED DEBT


SEWER


LIGHT


TOTAL


Due


Prin.


Int.


DRAINAGE Prin.


Int.


SCHOOLS Prin.


Int.


Prin.


Int.


WATER Prin.


Int.


MUN. RELIEF Prin.


Int.


Prin.


Int.


1949


$10,000.00


$ 890.00 $ 4,000.00


$100.00


$ 30,000.00


$ 10,875.00


$ 7,000.00


$ 485.00


$ 5,000.00


$ 710.00


$2,000.00 $30.00


$ 58,000.00


$ 13,090.00


1950


8,000.00


720.00


4,000.00


60.00


30,000.00


10,287.50


4,000.00


345.00


5,000.00


620.00


51,000.00


12,032.50


1951


8,000.00


600.00


4,000.00


20.00


30,000.00


9,700.00


4,000.00


245.00


5,000.00


530.00


51,000.00


11,095.00


1952


8,000.00


480.00


30,000.00


9,112.50


2,000.00


180.00


5,000.00


440.00


45,000.00


10,212.50


1953


8,000.00


360.00


30,000.00


8,525.00


2,000.00


150.00


5,000.00


350.00


45,000.00


9,385.00


1954


4.000.00


270.00


30,000.00


7,937.50


2,000.00


120.00


3,000.00


267.50


39,000.00


8,595.00


1955


4,000.00


210.00


30,000.00


7,350.00


2,000.00


90.00


3,000.00


212.50


39,000.00


7,862.50


1956


4,000.00


150.00


30,000.00


6,762.50


1,000.00


60.00


3,000.00


157.50


38,000.00


7,130.00


1957


4,000.00


90.00


30,000.00


6,175.00


1,000.00


45.00


3,000.00


102.50


1958


4,000.00


30.00


30,000.00


5,587.50


1,000.00


30.00


3,000.00


47.50


38,000.00


5,695.00


1959


25,000.00


5,000.00


1,000.00


15.00


26,000.00


5,015.00


1960


25,000.00


4,500.00


25,000.00


4,500.00


1961


25,000.00


4,000.00


25,000.00


4,000.00


1962


25,000.00


3,500.00


25,000.00


3,500.00


1963


25,000.00


3,000.00


25,000.00


3,000.00


1964


25,000.00


2,500.00


25,000.00


2,500.00


1965


25,000.00


2,000.00


25,000.00


2,000.00


1966


25,000.00


1,500.00


25,000.00


1,500.00


1967


25,000.00


1,000.00


25,000.00


1,000.00


1968


25,000.00


500.00


25,000.00


500.00


Total


$62,000.00


$3.800.00


$12,000.00


$180.00


$550,000.00


$109,812.50


$27,000.00


$1,765.00 $40,000.00


$3,437.50


$2,000.00


$30,00


$693,000.00


$119,025.00


38,000.00


6,412.50


TOWN OF READING BALANCE SHEET - DECEMBER 31, 1948


ASSETS


LIABILITIES AND RESERVES


Cash:


General


$315,684.57


Pay Roll Deductions: Withholding Tax $ 6,017.25


Petty Advances:


Mass. Hospital Service


638.80


Library


$ 15.00


Light


300.00


$ 6,656.05


Tailings


611.90


Water


100.00


Fish. & Hunting Licenses due State


10.50


Dog Licenses due County


164.60


Premium on Loans


3,225.94


588.00


Over-estimates: Audit Municipal Accts. 1948


305.50


County T.B|. Hospital


37.90


Levy of 1947:


Poll


42.00


Personal Property


168.36


Real Estate


6,272.89


588.00


6,483.25


Levy of 1948:


Poll


86.00


Cemetery Perpetual Care


1,698.75


Personal Property


5,557.66


Post War Rehabilitation


3,369.24


..


Real Estate


45,670.61


51,314.27 Guarantee Deposits: Sewer House Connection


92.00


7,590.33


Schools


123.00


Welfare


50.00


Accounts Receivable:


Taxes:


343.40 12,269.02


Cem. Sale of Lots and Graves Fund Reserve for Petty Cash Advances .... Trust Fund Income: Parker Hospital Fund


1,997.34


Grouard Hospital Fund


525.00


BALANCE SHEET - (Continued)


ASSETS


LIABILITIES AND RESERVES


Water Main Pipe Connection 325.00


Municipal Light Customers Dep. 23,648.00


Levy of 1948


1,134.09


1,173.58


Special Assessments:


Moth 1947


9.00


Reserve Fund - Overlay Surplus ....


23,678.17


Moth 1948


40.00


49.00


Sewer Unapportioned


11,698.13


Overlay Reserved For Abatement of Taxes:


Sewer 1947


5.95


Levy of 1947


6,483.25


Sewer 1948


48.12


Levy of 1948


7,337.58


Sewer Interest 1947


1.59


Sewer Interest 1948


14.79


13,820.83


Revenue Reserved until Collected:


11,768.58


Motor Vehicle and Trailer Excise


1,173.58


Sewer House Conn Unapportioned


4,845.61


Special Assessments


37,249.13


Sewer House Connection 1948


29.48


Departmental


22,361.21


Taxes on Est. of Deceased Persons


1,029.03


Tax Titles


1,534.20


4,882.01


Tax Possessions


2,546.49


Sidewalk Unapportioned


3,232.98


State and County Aid to Hwys.


16,000.00


Sidewalk 1948


48.72


Water Rates and Liens


11,569.51


Sidewalk Interest 1948


8.64


Mun. Light Dept. Accounts Rec. ....


64,175.37


3,290.34


Highway Unapportioned 15,803.81


Water Available Surplus


157,638.52 5,158.39


Motor Vehicle and Trailer Excise: Levy of 1947


39.49


24,065.00 6,543.80


Salvage Committee Fund Appropriation Balances Forwarded


121,331.30


Sewer House Conn. Int. 1948


6.92


Highway 1947


92.18


Highway 1948


143.34


Highway Interest 1947


18.88


Highway Interest 1948


20.63


Sewer Rentals


Departmental:


Health


596.00


Sewer House Connections


32.48


Public Welfare


4,235.27


A.D.C. due from State


3,069.30


O.A.A. due from State


4,990.72


O.A.A. - Other


306.38


School


8,959.59


Public Works


146.47


Veterans Aid


25.00


22,361.21


Taxes on Est. of Deceased Persons ....


1,029.03


Tax Titles


1,534.20


Tax Possessions


2,546.49


Aid to Highways, Chapt. 90:


State


10,500.00


County


5,500.00


16,000.00


Water:


Rates


11,532.26


Liens added to Taxes 1948


37.25


Surplus Revenue 176,230.25


16,078.84 1,180.36


11,569.51


BALANCE SHEET - (Continued)


ASSETS


Light:


Rates, etc.


64,175.37


Customers Deposits


23,648.00


87,823.37


Underestimates:


State Parks and Reservations 1948


154.94


Metropolitan Sewer 1948


2,281.00


County Tax 1948


2,133.45


4,569.39


559,926.00


559,926.00


Cash


406,346.20 Sewer Construction 1947


17,154.37


Elementary School Construction


508,416.49


125,000.00


Water Construction 1948


5,775.34


Loans Authorized


105,000.00


Loans Authorized Unissued


105,000.00


636,346.20


636,346.20


DEFERRED ACCOUNTS


Apportioned Sewer Assts. not due .... Appor. Sewer H.C. Assts. not due ....


2,376.69


Appor. Sewer Assts. Rev. 1949-1957


2,376.69


2,068.12


Ap. Sewer H.C. Assts. Rev. 1949-1957


2,068.12


Appor. Sidewalk Assts. not due


4,125.69


Ap. Sidewalk Assts. Rev. 1949-1957


4,125.69


Appor. Highway Assts. not due .....


3,244.20


Ap. Highway Assts. Rev. 1949-1957


3,244.20


11,814.70


11,814.70


LIABILITIES AND RESERVES


NON-REVENUE ACCOUNTS


Post War Rehab. Fund. Authorized for School Construction ....


Net Funded or Fixed Debt: Inside Debt Limit Outside Debt Limit


DEBT ACCOUNTS


Inside Debt Limit:


Issued


560,000.00


Sewer Construction 1947 60,000.00


133,000.00


Elementary School Const. 1948


500,000.00 560,000.00


Outside Debt Limit:


Sewer Construction


1920


2,000.00


Drainage Construction 1941


12,000.00


Elementary School Const.


1938


50,000.00


Mun. Light Dept. Const.


1931


6,000.00


Mun. Light Dept. Const.


1939


19,000.00


Mun. Light Dpt. Storm Emer. 1939


2,000.00


Water Construction


1947


15,000.00


Water Construction


1948


25,000.00


Municipal Relief


1939


2,000.00


133,000.00


693,000.00


693,000.00


TRUST AND INVESTMENT ACCOUNTS


530,251.44


Parker Hospital Fund


192,056.61


Grouard Hospital Fund


81,625.79


R.H.S. Scholarship Fund


5,112.45


Public Library Fund


1,109.04


Wadlin Library Fund


1,821.13


Tuttle Library Fund


517.75


Post War Rehabilitation Fund


128,369.24


Cemetery Perpetual Care Fund


119,639.43


530,251.44


530,251.44


Cash and Securities


Cash Investments Accrued Interest


CONTRIBUTORY RETIREMENT ACCOUNTS


3,485.03 Annuity Savings Fund


92,991.25


160,587.20 Annuity Reserve Fund


7,888.52


847.93


Military Service Fund


2,736.19


Pension Fund


61,147.20


Expense Fund


157.00


164,920.16


164,920.16


REPORT OF THE CONTRIBUTORY RETIREMENT BOARD


To the Honorable Board of Selectmen:


The total membership of the Contributory Retirement System on December 31, 1947 was 172. During the year 1948, 17 new members were admitted to the system, 12 withdrew, 2 retired and 2 members deceased, making a total of 173 active members.


At the Special Town Meeting held on September 27, 1948, it was voted to accept Chapter 588 of the Acts of 1948 which provides for an increase of $200.00 maximum to certain former town employees who retired prior to January 1, 1946. The Retirement Board voted to have this increase take effect October 1, 1948 for those on Contributory Re- tirement Pension.


The following is the financial statement for the year ending De- cember 31, 1948.


1948 CONTRIBUTORY RETIREMENT


Cash


Balance Jan. 1, 1948


$


604.65


Receipts


1948 Receipts:


Investments


$ 2,000.00


Investment Income


3,138.75


Contributed by Members


20,164.37


Appropriated by Town:


Pension Fund


....


21,569.00


Expense Fund


1,000.00


$ 47,872.12


$ 48,476.77


Expenditures


1948 Payments:


Investments


$ 18,880.00


Expenses


1,029.13


233


Annuities


756.11


Pensions


20,704.84


Refunds to members


3,621.66


Balance Dec. 31, 1948


$44,991.74 3,485.03


$ 48,476.77


Assets


Cash, In Bank


$ 3,485.03


Deposits on Interest


15,500.00


Cooperative Bank Shares


25,087.20


Investments, U. S. Savings Bonds, Series "G"


120,000.00


Accrued Interest on Investments


847.93


$164,920.16


Liabilities


Annuity Savings Fund


$ 92,991.25


Annuity Reserve Fund


7,888.52


Pension Fund


61,147.20


Expense Fund


157.00


Spec. Military Fund


2,736.19


$164,920.16


PHILIP R. WHITE, Chairman BOYD H. STEWART, Secretary THOMAS J. FITZPATRICK


Contributory Retirement Board


234


INDEX


Accountant's Report


211


Appropriations and Expenditures


217


Balance Sheet 227


Receipts


212


Town Debt


226


Animal Inspector's Report


202


Appeal, Board of


126


Assessors, Board of 204


128


Cemetery Trustees


141


Superintendent's Report


141


Collector of Taxes' Report


205


Contributory Retirement Board


233


Custodian of Soldiers' and Sailors' Graves


143


Dog Officer's Report


144


Fire Chief's Report


193


Health, Board of


199


Library Trustees


172


Librarian's Report


173


List of Jurors 9


Middlesex County Extension Service 201


Moth Superintendent's Report


176


Municipal Light Board


187


Auditor's Report


187


Financial Statements


188


Manager's Report


178


Notice to Housewives 123


Planning Board


194


Plumbing Inspector's Report 127


196


Presidential Primary


73


Public Welfare Agent's Report


197


236


Police Chief's Report


Building Inspector's Report


INDEX


Public Works, Board of


130


Highway Department


135


Park Department


137


Sewer Department


137


Superintendent's Report


132


Water Department


132


Recount of Votes for Representative


113


Recreation Committee


192


School Committee


150


Administrative Officers


146


Age-Grade Table


154 152 168


Commencement Exercises


High School Graduates


170


No School Signals


148 149 155


School Faculties


Superintendent's Report


158


Selectmen's Report


125 113


State Auditor's Report


State Primary


87


State Election


105


Statistics


9


Town Counsel's Report


200


Town Election


32


Town Meetings


40


Annual Meeting


40


Special Meeting


52


Adjourned Annual Meeting


53


Special Meeting


82


Town Officers


2


Town Warrant


13


Treasurer's Report


209


Tree Warden's Report 199


Veterans' Benefits Agent's Report


198


Wire Inspector's Report 203


237


Budget


School Calendar


The Reading Chronicle Press, Inc. Reading, Massachusetts





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