USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1949 > Part 12
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1,900.00
1,485.17
414.83
Willard Rd. Bett. Sal.
1,900.00
1,900.00
Willard Rd. Bett. Exp.
2,112.50
2,013.12
99.38
Dustin Rd. Bett. Sal.
1,700.00
300.00
1,368.42
31.58
Dustin Rd. Bett. Exp.
1,937.50
500.00
1,314.56
122.94
Fielding Rd. Bett. Sal.
1,200.00
1,200.00
Fielding Rd. Bett. Exp.
1,360.00
973.95
386.05
Plymouth Rd. Bett. Sal.
2,200.00
2,160.67
39.33
Plymouth Rd. Bett. Exp.
2,643.00
2,042.87
600.13
School Sewer
16,500.00
12,073.15
4,426.85
Pensions
2,000.00
1,979.12
20.88
Drainage System Installation
1,050.50
1,050.50
Maint. Storm Drains Salaries
3,270.00
3,265.44
4.56
Main. Storm Drains Expenses
3,000.00
2,997.40
2.60
Drainage Const. Salaries
10,250.00
10,249.36
64
Sidewalk Const. and Maint. Salaries
10,500.00
8,498.39
1.61
Sidewalk Const. Salaries
10,500.00
400.00
10,900.00
Sidewalk Const. and Maint. Exp.
3,700.00
100.00
3,793.74
6.26
Snow and Ice Removal Salaries
10,500.00
1,200.00
11,634.24
65.76
Snow and Ice Removal Expenses
9,500.00
800.00
10,297.77
2.23
Sewer Maint. and Const. Salaries
9,070.00
9,005.54
64.46
Sewer Maint. and Const. Expenses
9,400.00
9,394.59
5.41
Sewer H. C. Salaries
6,400.00
800.00
7,200.00
Sewer H. C. Expenses
3,000.00
2,998.10
1.90
John St. Dump Wages
2,780.00
787.60
3,567.60
John St. Dump Expenses
200.00
199.92
08
Park Dept. Salaries
8,080.00
8,080.00
Park Dept. Expenses
4,000.00
3,931.18
68.82
Water Dept. Maint. Salaries
40,000.00
5,000.00
43,738.83
1,261.17
Water Dept. Maint. Expenses
52,000.00
76.31
52,018.86
57.45
..
Balance Appropriated from 1948 1949
Other Credits
Transfers Payments
Balance Dec. 31
Water Dept. Garage
24,178.89
247.92
23,930.97
Post War Plans
675.30
95.59
579.71
Special Comm. Low Cost Houses
38.15
38.15
F.W.A. Garage Plans
300.00
300.00
Road Machinery Fund
18,304.00
23,873.47
20,000.00
22,177.47
Road Machinery Acct.
540.72
19,400.00
20,514.02
40,451.33
3.41
$ 77,587.73
$334,595.00
$ 89,254.28
$ 23,239.38
$413,676.75 $ 64,520.88
Charities and Aid
General Aid Adm. Salaries
$ 4,580.00
$ 4,492.42
$ 87.58
General Aid Adm. Expenses
1,000.00
819.20
180.80
General Aid
25,000.00
$ 1,500.00
26,485.73
14.27
Aid to Dependent Children Adm.
2,020.00
1,940.79
79.21
Aid to Dependent Children
22,160.00
$ 2,500.00
18,740.96
919.04
A.D.C. Adm. Federal Grants
1,419.75
1,318.81
100.94
A.D.C. Federal Grants
6,170.01
4,712.64
1,457.37
Old Age Assistance Adm.
6,540.00
6,185.84
354.16
Old Age Assistance
95,000.00
1,000.00
93,911.26
2,088.74
O.A.A. Adm. Federal Grants
5,557.77
4,993.76
564.01
O.A.A. Federal Grants
74,178.27
74,178.27
$156,300.00
$ 89,825.80
$ 2,500.00
$237,779.68
$ 5,846.12
Veterans Benefits
Administrative Salaries Administrative Expenses
$ 1,312.32 600.00
$ 1,312.29
$ 03
593.26
6.74
Aid
9,000.00
$ 4,000.00
12,987.71
12.29
$ 10,912.32
$ 4,000.00
$ 14,893.26
$ 19.06
Education-School Dept.
General Salaries
$387,906.00
$381,843.07
$ 6,062.93
General Maintenance
64,472.00
$ 400.00
62,883.34
1,188.66
Vocational Tuition
3,000.00
$ 65.88
3,065.88
Cafeterias
50,000.00
7,823.45
48,084.70
9,738.75
Transportation
13,000.00
400.00
13,251.08
148.92
New Car (Art. 31)
2,000.00
1,827.15
172.85
New High School Plans
$ 13.83
13.83
F.W.A. School Plans
2,876.38
2,876.38
Land Purchase Oak and Summer
589.50
589.50
Safety Equipment
1,182.86
368.24
814.62
Land Purchase Birch Meadow
9,655.20
9,655.20
$ 14,317.77
$520,378.00
$ 8,289.33
$ 400.00
$511,323.46
$ 31,261.64
Library
Salaries
$ 8,254.00
$ 8,167.38
$ 86.62
Maintenance
4,000.00
$ 233.63
3,910.93
322.70
$ 12,254.00
$ 233.63
$ 12,078.31
$ 409.32
..
Balance Appropriated from 1948 1949
Other Credits
Transfers
Payments
Balance Dec. 31
Unclassified
Recreation (Art. 29)
$ 5,000.00
$ 4,999.78
$ .22
Insurance
21,300.00
$ 6,352.34
27,255.99
$ 396.35
Memorial Day Observance
1,150.00
972.80
177.20
Damage Claims
400.00
400.00
Care and Lighting Old South Clock
200.00
199.81
.19
Printing Town Report
1,366.00
1,366.00
Printing Street List
600.00
55.50
655.50
Aid to Agriculture (Art. 36)
100.00
87.74
12.26
Parking Area Maint.
300.00
152.40
147.60
Post War Planning Comm.
$ 495.00
495.00
Rent for American Legion (Art. 38)
1,500.00
1,500.00
Rent V.F.W. Quarters (Art. 37)
650.00
650.00
Land Court Expense
275.00
90.00
185.00
Contributory Ret. Fund
23,683.00
23,683.00
Reserve Fund
15,000.00
5,881.55
9,118.45
Printing Town By-Laws
350.00
87.50
262.50
Recording Fees
200.00
.
75.00
125.00
Drinking Fountains
100.00
100.00
Printing R.E. Valuation List (Art. 35)
900.00
667.62
232.38
Committee for Town Manager Exp.
100.00
65.15
34.85
Salary and Wage Comm. Exp.
133.75
133.75
Cap. Exp. Planning Comm. Exp.
476.56
160.19
602.37
34.38
$ 1,205.31 $ 58,074.00
$ 21,568.03
$ 5,881.55 $ 63,344.41
$ 11,621.38
Light Department
Maintenance and Operation
$ 20,993.37
$820,486.37
$ 43,756.75 20,734.33
$780,144.12 21,377.56
8,526.98
$ 27,875.49
$864,243.12
$ 64,491.08
$801,521.68
$ 26,105.85
Cemeteries
Salaries
$ 17,300.00
$ 17,037.73
$ 262.27
Maintenance
2,200.00
$ 4,145.59
6,330.73
14.86
Care of Soldiers Graves, (Art. 9)
1,000.00
1,000.00
$ 20,500.00
$ 4,145.59
$ 24,368.46
$ 277.13
Municipal Indebtedness
Interest, not incl. Sewer, Light and Water
$ 12,500.00
$ 11,973.75
$ 526.25
Maturing Debt, not incl. Light and Water
46,000.00
$ 3,200.13
$ 1,500.00
46,000.00
1,700.13
Loans in Anticipation of Revenue
250,000.00
250,000.00
$ 58,500.00
$253,200.13
$ 1,500.00
$307,973.75
$ 2,226.38
Agency, Trust and Investment
Dog Licenses due County
$ 164.60
$ 2,272.20
2,279.40
$ 157.40
Fishing and Hunting Licenses due State
10.50
763.75
774.25
Parker Hospital Fund, Income
1,997.34
4,871.88
5,601.11
1,268.11
Parker Hospital Fund, Transactions
10,000.00
10,000.00
Grouard Hospital Fund, Income
525.00
2,230.25
2,755.25
Grouard Hospital Fund, Transactions
39,840.63
39,840.63
Cemetery Perpetual Care Fund
Bequests
1,086.25
6,447.50
7,188.75
345.00
Interest
612.50
1,975.00
2,587.50
Transactions
5,000.00
5,000.00
$ 17,578.87
Depreciation Account
6,882.12
43,756.75
Balance
Balance Appropriated from 1948 1949
Other Credits
Transfers Payments
Dec. 31
R.H.S. Scholarship Fund
250.00
250.00
Post War Rehabilitation Fund
3,369.24
1,895.70
5,264.94
Premium on Loans
3,225.91
222.00
3,276.44
171.50
Tailings Account
611.90
109.91
449.52
77.08
195.24
Withholding Tax
6,017.25
70,443.98
69,752.69
6,708.54
Mass. Hospital Service
638.80
8,334.80
8,155.81
817.79
Sewer Conn. Guarantee Deposits
92.00
569.56
520.10
54.16
87.00
Water Conn. Guarantee Deposits
325.00
3,415.00
3,637.84
102.16
Recording Fee Deposits
4.68
.09
4.59
Salvage Committee Fund
6,543,80
66.07
262.62
6,347.25
State Parks and Reservations
1,598.41
1,598.41
State Audit of Municipal Accounts
752.62
752.62
State Examination of Retirement System
70.71
70.71
Metropolitan Sewerage
20,712.14
20,712.14
County Tax
41,311.25
41,311.25
County T.B. Hospital Assessment
8,106.65
8,106.65
$ 25,220.12
$231,264.72
$ 7,884.29
$232,674.22
$ 15,926.33
Non-Revenue Accounts
Sewer Const. 1917
$ 17,154.37 508,416.49
$ 16,446.17
$ 708.20
Elem. School Const. Oak St.
454,115.69
54,300.80
Library Addition Const.
$ 10,000.00 125,000.00
27,610.33
107,389.67
Mun. Light Const. 1949
$ 80,000.00
53,204.06
26,795.94
Water Const. 1948 Exp.
592.83
592.83
Water Const. 1948 Sal.
5,182.51
5,182.51
Water Const. 1949 Sal. Water Const. 1949 Exp.
10,000.00 17,000.00
$ 2,000.00
7,329.64 14,867.27
670.36 2,132.73
$531,346.20
$ 10,000.00
$232,000.00
$ 2,000.00
$579,348.50
$191,997.70
Refunds
$ 10,332.99
$ 10,332.99
$677,607.62 $1,424.886.94 $1,810,668.09
$107,896.30 $3,449,246.18
$356,020.17
CLASSIFIED STATEMENT OF FUNDED DEBT
TOTAL
Due
Int.
Int.
SCHOOLS Prin.
LIBRARY Prin.
LIGHT Prin.
Int.
WATER Prin.
Int.
Prin.
Int.
1950
$ 8.000.00
$ 720.00
$ 4,000.00
$ 60.00
$ 30,000.00 $ 10,287.50
9,700.00
10.000.00
1,125.00
9,000.00
1,513.75
8,000:00
1,300.00
69.000.00
14,258.75
1952
8,000.00
480.00
30,000.00
9,112.50
10,000.00
1,000.00
7,000.00
1,361.25
8,000.00
1,105.00
63,000.00
13,058.75
1953
8,000.00
360.00
30,000.00
8,525.00
10,000.00
875.00
7,000.00
1,243.75
8,000.00
910.00
63,000.00
11,913.75
1954
4,000.00
270.00
30,000,00
7.937.50
10,000.00
750.00
7,000.00
1,126.25
6,000.00
722.50
57,000.00
10,806.25
1955
4,000.00
210.00
30,000.00
7,350.00
10,000.00
625.00
7,000.00
1,008.75
6.000.00
562.50
57,000.00
9,756.25
1956
4,000.00
150.00
30,000.00
6,762.50
10,000.00
500.00
6,000.00
891.25
6,000.00
403.50
56,000.00
8,707.25
1957
4,000.00
90.00
30,000.00
6,175.00
10,000.00
375.00
6,000.00
788.75
5,000.00
242.50
55,000.00
7,671.25
1958
4,000.00
30.00
30,000.00
5,587.50
10,000.00
250.00
6,000.00
686.25
5,000.00
117.50
55.000.00
6,671.25
1959
25,000.00
5,000.00
10,000.00
125.00
6,000.00
583.75
41,000.00
5,708.75
1960
25,000.00
4,500.00
5,000.00
481.25
30,000.00
- 4,981.25
1961
25.000.00
4,000.00
5,000.00
393.75
30,000.00
4,393.75
1962
25,000.00
3,500.00
5,000.00
306.25
30,000.00
3,806.25
1963
25,000.00
~3,000.00
5,000:00
218.75
30,000.00
3,218.75
1964
25,000.00
2,500.00
.5,000.00
131.25
30,000.00
2,631.25
1965
25,000.00
2,000.00
5,000.00
43.75
30,000.00
2,043.75
1966
25,000.00
1,500.00
25,000.00
1,500.00
1937
25,000.00
. 1,000.00
25,000.00
1,000.00
1968
- 25,000.00
500.00
25,000.00
500.00
Total
$52,000.00 $2,910.00
$8,000.00
$80.00
$520,000.00
.$98,937.50 /$100,000.00 .$5,875.00 $100,000.00 $12,480.00
$60,000.00 $6,858.50 $840,000.00 $128,141.00
1951
8,000.00
600.00
4,000.C0
20.00
30,000.00
Int.
Int.
$ 10,000.00 $1,250.00 $ 9,000.00 $ 1,701.25
$ 8,000.00 $1,495.00 $ 69,000.00 $ 15,513.75
SEWER Prin.
DRAINAGE Prin.
-
...
TOWN OF READING BALANCE SHEET - DECEMBER 31, 1949
ASSETS
LIABILITIES AND RESERVES
Cash:
$430,694.99
Pay Roll Deductions: Withholding Tax $ 6,708.54
Petty Cash Advances:
Library
$ 15.00
Light
300.00
$ 7,526.33
Tailings
195.24
Dog Licenses due County
157.40
Over-estimates: Audit Municipal Accts. 1949
2,178.37
600.00
Road Machinery Fund
22,177.47
Cem. Sale of Lots and Graves Fund
13,209.02
Taxes:
Levy of 1948:
Poll
6.00
Personal
250.66
Cemetery Perpetual Care Fund ....
345.00
Real Estate
5,347.41
1,613.11
5,604.07 Guarantee Deposits:
Sewer House Connection
87.00
Poll
18.00
Light Customers Deposits
21,575.00
Personal
5,503.20
Real Estate
42,747.57
21,662.00
Motor Vehicle and Trailer Excise: Levy of 1949
$ 48,268.77 Salvage Committee Fund
6,347.25
Appropriation Balances Forward
79,827.47
5,241.14 Overlay Surplus Reserve
24,970.76
Schools
135.00
Water
100.00
50.00
Welfare
Accounts Receivable:
600.00
Reserve For Petty Cash Advances .... Trust Fund Income: Parker Hospital Fund
1,268.11
Levy of 1949:
General
Mass. Hospital Service
817.79
Special Assessments:
Moth 1949
Sewer Unapportioned
8,039.48
Sewer 1948
5.95
Sewer 1949
169.17
Sewer Interest 1948
2.14
Sewer Interest 1949
40.25
Revenue Reserved until Collected: Motor Vehicle and Trailer Excise
5,241.14
Special Assessments
40,526.53
Departmental
24,205.87
Sewer House Conn. Unapportioned
3,396.95
Sewer House Conn. 1949
26.26
Sewer House Conn. Int. 1949
1.30
Sidewalk Unapportioned
2,662.37
Sidewalk 1949
24.05
Sidewalk Interest 1949
6.09
185,179.55
Water Available Surplus
15,450.14
2,692.51
Surplus Revenue
304,606.15
Highway Unapportioned
24,487.44
Highway 1948
7.84
Highway 1949
282.79
Highway Interest 1948
.94
Highway Interest 1949
67.98
Sewer Rentals
Departmental: Health
212.14
Sewer House Connections
..
52.67
80.50
Overlay Reserved for Abatement of Taxes: Levy of 1948 Levy of 1949
5,604.07
6,864.81
12,468.88
8,256.99
Taxes on Est. of Deceased Persons
2,138.47
Tax Titles
2,052.90
Tax Possessions
2,546.49
State and County Aid to Highways
17,382.33
3,424.51
Water Rates and Liens
17,749.29
Light Rates, etc.
73,336.53
24,846.99 1,225.03
....
ASSETS
Public Welfare
901.45
A.D.C. due from State
3,726.96
O.A.A. due from State
5,922.14
O.A.A. - Other
917.83
School - Tuition
12,290.40
Public Works
182.28
24,205.87
Taxes on Est. of Deceased Persons ....
2,138.47
Tax Titles
2,052.90
Tax Possessions
2,546.49
Aid to Highways, Chapt. 90:
State
11,588.22
County
5,794.11
17,382.33
Water:
Rates
17,616.69
Liens added to taxes
132.60
17,749.29
Light:
Rates, etc.
73,336.53
Customers Deposits
21,575.00
94,911.53
Underestimates: State Parks and Reservations 1949
468.61
Metropolitan Sewer 1949
591.33
4
..
LIABILITIES AND RESERVES
County Tax 1949
4,096.09
County T.B. Hospital 1949
1,090.73
6,246.76
$698,169.14
$698,169.14
NON-REVENUE ACCOUNTS
LIABILITIES AND RESERVES
$172,603.66 Sewer Construction 1947
$ . 708.20.
25,000.00 Elementary School Construction
54,300.80
Library Addition Construction
107,389.67
Light Construction
7,401.90-
Water Construction
2,803.09.
Loans Authorized Unissued
25,000.00
$197,603.66
$197,603.66
DEFERRED ACCOUNTS
$ 9,517.72
Appor. Sewer Assts. Rev. 1950-1958
$ 9,517.72
4,111.54 Ap. Sewer H.C. Assts. Rev. 1950-1958
4,111.54
5,004.15 Ap. Sidewalk Assts. Rev. 1950-1958
5,004.15
14,982.51
Ap. Highway Assts. Rev. 1950-1958
' 14,982.51
$ 33,615.92
$ 33,615.92
DEBT ACCOUNTS
Inside Debt Limit:
Issued
Net Funded or Fixed Debt: Inside Debt Limit
$627,000.00
Sewer Construction 1948
$ 52,000.00
Outside Debt Limit
213,000.00
Elem. School Constr., Eaton 1948
475,000.00
Library Addition Const. ......
1949
100,000.00, $627,000.00
ASSETS
Cash
Loans Authorized
Apportioned Sewer Assts. not due .... Appor. Sewer H.C. Assts. not due ..... Appor. Sidewalk Assts. not due
Appor. Highway Assts. not due ..
Outside Debt Limit:
Drainage Construction 1941
$ 8,000.00
Elem. School Const., Pearl St. 1938
45,000.00
Light Construction
1931
4,000.00
Light Construction
1939
16,000.00
Light Construction
1949
80,000.00
Water Construction
1948
13,000.00
Water Construction
1948
22,000.00
Water Construction
1949
25,000.00
$213,000.00
840,000.00
$840,000.00
TRUST AND INVESTMENT ACCOUNTS
Cash and Securities
$415,575.30
Parker Hospital Fund
$194,216.21
Grouard Hospital Fund
81,525.44
R.H.S. Scholarship Fund
5,062.80
Public Library Fund
1,010.00
Wadlin Library Fund
1743.09
Tuttle Library Fund
527.49
Post War Rehabilitation Fund
5,309.83
Cemetery Perpetual Care Fund
126,180.44
$415,575.30
$415,575.30
CONTRIBUTORY RETIREMENT ACCOUNTS
Cash
$ 1,600.49
Annuity Savings Fund
$104,978.00
179,402.00
Annuity Reserve Fund
14,292.15
Accrued Interest
931.26
Military Service Fund
1,920.66
Pension Fund
60,563.21
Expense Fund
179.73
$181,933.75
$181,933.75
Investments
REPORT OF THE CONTRIBUTORY RETIREMENT BOARD
To the Honorable Board of Selectmen:
The total membership of the Contributory Retirement System on: December 31, 1948 was 173. During the year 1949, 13 new members were admitted to the system, 12 withdrew and 6 members retired, making a total of 168 active members.
The following is the financial statement of the year ending De- cember 31, 1949.
1949 CONTRIBUTORY RETIREMENT
Cash
$ 3,485.03 Bal. Jan. 1, 1949
Receipts : -
1949 Receipts:
Investments
Investment Income
$ 3,478.13
Contributed by members 20,165.27
Appropriated by town:
Pension Fund
22,683.00
Expense Fund
1,000.00
$ 47,326.40
$ 50,811.43
Expenditures
1949 Payments:
Investments
$ 17,880.00
Expenses
977.27
Annuities Paid
1,105.44
Pensions Paid
25,439.21
Refunds to members
3,809.02
Bal. Dec. 31, 1949
$ 49,210.94 1,600.49
$ 50,811.43
183
Assets
Cash, in bank
$ 1,600.49
Deposits on interest
20,500.00
Co-operative Bank shares
28,902.00
Investments, U.S. Sav. Bonds, series "G"
130,000.00
Accrued int. on invest.
931.26
$181,933.75
Liabilities
Annuity Savings Fund
104,978.00
Annuity Reserve Fund
14,292.15
Pension Fund
60,563.21
Expense Fund
179.73
Spec. Mil. Credit Fund
1,920.66
$181,933.75
PHILIP R. WHITE, Chairman BOYD H. STEWART, Secretary THOMAS J. FITZPATRICK
Contributory Retirement Board
2
..
184
1
INDEX
Accountant's Report
161
Appropriations and Expenditures
167
Balance Sheet 178 177
Funded Debt
Receipts 162
Animal Inspector's Report 150
Board of Appeals
94
Board of Assessors
155
Board of Health
100
Board of Public Welfare
147
Welfare Superintendent's Report
147
Board of Public Works
85
Highway Department 90
Park Department 91
Sewer Department
92
Water Department 88
Building Inspector's Report
94
Cemetery Department
109
Superintendent's Report
109
Contributory Retirement Board Report
183
Custodian of Soldiers' and Sailors' Graves
111
Dog Officer's Report
96
Dutch Elm Disease Committee's Report
92
Fire Chief's Report 153
Jurors' List 10
Library Trustees Report 141
Librarian's Report 143
Middlesex County Extension Service
97
Moth Superintendent's Report 99
Municipal Light Board Report 101
Auditor's Report 104
Financial Statements 105
Manager's Report
102
INDEX
Notice to Parents, Housewives, Physicians and Midwives
79
Planning Board
84
Plumbing Inspector's Report
93
Police Chief's Report
151
Recreation Committee Report
98
School Committee
113
Administrative Officers
115
Age-Grade Table
124
Budget
121
Commencement Exercises
135
Eaton School Dedication
139 137
No School Signals
117
School Calendar
118
School Clinics
118
School Faculties 125
Superintendent's Report
128
Selectmen's Report
81
Statistics
10
Tax Collector's Report
156
Town Clerk's Report
14
Town Counsel's Report
95
Town Election
28 14
Town Meetings
Annual
36
Special: January 10, 1949
14
Special: June 30, 1949
67
Special: December 5, 1949
70
Town Officers
2
Treasurer's Report 160
Tree Warden's Report
99
Veterans' Benefits Agent
148
Wire Inspector's Report
149
High School Graduates
Reading Chronicle Press, Inc. Reading, Massachusetts
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