USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1954 > Part 18
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87,625.96
37,561.60
Evergreen Rd. Bett. Sals.
671.01
671.01
Evergreen Rd. Bett. Exp.
422.14
422.14
Tennyson Rd. Bett. Sals.
145.03
145.03
Tennyson Rd. Bett. Exp.
103.80
103.80
Wentworth Rd. Bett. Sals.
29.63
29.63
Wentworth Rd. Bett. Exp.
290.02
290.02
Woodland St. Bett. Sals.
783.64
783.64
Woodland St. Bett. Exp.
425.02
425.02
John Carver Rd. Bett. Sals.
1,600.00
1,221.43
378.57
John Carver Rd. Bett. Exp.
1,400.00
1,374.55
25.45
Overlook Rd. Bett. Sals.
1,200.00
796.29
403.71
Overlook Rd. Bett. Exp.
1,010.00
860.65
149.35
Resurfacing Streets Sals., Art. 32
200.00
200.00
Resurfacing Streets Exp., Art. 32
2,065.14
234.86
2,297.96
2.04
Sewer Extension Salaries
19,000.00
11,283.38
7,716.62
Sewer Extension Expense
21,000.00
10,989.76
10,010.24
Street Lighting
17,000.00
17,000.00
Sewer Pumping Sta. Liquidated Damages
1,500.00
350.00
1,150.00
$ 189,098.07 $ 492,011.46 $ 102,870.29 $ 54,797.84 $ 601,473.23 $ 127,708.75
Balance Appropriated from 1953 1954
Other Credits
Transfers Payments
Balance Dec. 31
Charities and Aid
General Aid Adm. Salaries
$ 5,080.00
$ 4,489.16 $
590.84
General Aid Adm. Expense
760.00
707.77
52.23
General Aid
24,000.00
23,591.79
408.21
Aid to Dep. Children, Adm.
3,000.00
2,146.03
853.97
Aid to Dep. Children
16,500.00
14,520.47
1,979.53
A.D.C. Federal Grants, Adm.
383.80
$
1,644.17
1,686.85
341.12
A.D.C. Federal Grants, Aid
1,228.19
10,705.68
10,964.00
969.87
Old Age Assistance, Adm.
6,900.00 132,000.00
$ 2,000.00
120,447.88
9,552.12
O.A.A. Federal Grants, Adm.
1,281.58
7,153.40
7,251.48
1,183.50
O.A.A. Federal Grants, Aid
6,822.59
80,111.39
80,570.65
6,363.33
Disability Assistance, Adm.
1,570.00
835.37
734.63
Disability Assistance
11,200.00
5,813.87
5,386.13
D. A. Federal Grants, Adm.
234.13
1,140.99
1,141.35
233.77
D. A. Federal Grants, Aid
441.02
4,759.66
4,791.56
409.12
$ 10,391.31 $ 201,010.00 $ 105,515.29 $
2,000.00 $ 285,858.23 $
29,058.37
Veterans' Benefits
Administrative Salaries
$ 1,859.40 700.00
$ 1,859.40
Administrative Expense
615.59
84.41
Aid
13,000.00 $
2,000.00
13,209.88
1,790.12
$ 15,559.40 $
2,000.00
$ 15,684.37 $
1,874.53
Education - Schools General Salaries
$ 584,805.47
$
574.16 $ 581,544.86 $
2,686.45
6,900.00
Old Age Assistance
General Maintenance
105,695.70
8,075.95
92,101.13
5,518.62
Vocational Tuition
3,000.00 25,000.00
4,000.00
20,479.66
520.34
Athletics
$
775.24
4,500.00
4,700.15
8,803.10
1,172.29
Cafeterias
9,213.33
3,500.00
78,480.75
79,817.08
11,377.00
New High School Plans
13.83
13.83
School Land Purchase Oak and Summer
589.50
589.50
School Land Purchase Birch Meadow
455.20
455.20
Junior High School Repairs
1,500.00
1,500.00
Highland School Repairs
467.00
467.00
Station Wagon Purchase, Art. 29
1,500.00
1,430.17
69.83
School Land Purchase Forest St.
55.00
55.00
School Land Purchase, White Property
6,600.00
6,550.00
50.00
New High School Athletic Field Study
1,000.00
1,000.00
School Veteran's Pension
574.16
574.16
$ 14,069.10 $ 728,001.17 $
90,355.06 $
12,650.11 $ 795,234.75 $
24,540.47
Public Library
Salaries
$ 12,746.38 $
100.00
$ 12,845.99
.39
Maintenance
7,054.00
7,040.83
13.17
$ 19,800.38 $
100.00
$ 19,886.82 $
13.56
Unclassified
Recreation, Article 44
$ 5,500.00
$ 5,492.05 $
7.95
Insurance
27,773.60 $
11,490.53
37,425.56
1,838.57
Memorial Day Observance
1,857.00
1,845.44
11.56
Damage Claims
1,500.00
54.60
1,445.40
Care and Lighting Old South Clock
200.00
178.98
21.02
Printing Town Report
1,430.80
1,430.80
-
Printing Street List
900.00
874.75
25.25
2,934.59
65.41
Transportation
Balance
Balance Appropriated from 1953 1954
Other Credits Transfers Payments
Dec. 31
Aid to Agriculture, Article 46
100.00
98.32
1.68
Parking Areas Maint.
400.00
313.47
86.53
Legion Quarters Rent, Art. 42
1,500.00
1,500.00
V.F.W. Quarters Rent, Art. 43
660.00
660.00
Land Court Expense, Art. 6
200.00
16.00
184.00
Contributory Fund -- Pension
36,643.00
36,643.00
Contributory Fund -- Expense
1,350.00
1,350.00
-
Contributory Fund - Military Service
575.20
575.20
Recording Fees - Reg. of Deeds
100.00
75.00
25.00
Unpaid 1953 Bill, Art. 19
40.00
40.00
Birch Meadow Area Study, Art. 7, 6/30/54
2,200.00
2,200.00
Reserve Fund
25,000.00
4,025.94
20,974.06
Old High School Building Maint.
6,000.00
502.53
5,497.47
$ 80,729.60 $
44,690.53 $
4,025.94 $
89,075.70 $
32,318.49
Light Department
Maintenance
$1,188,993.46 $
77,422.98 $1,111,570.48
Depreciation
$
4,461.10
63,250.60
2,391.44
65,320.26
Hurricane Relief, State Reimb.
91,430.11
91,430.11
-
$ 4,461.10
$1,343,674.17 $
77,422.98 $1,205,392.03 $
65,320.26
Cemeteries
Maintenance Salaries
$ 21,000.00 $
2,200.00
$ 23,179.15 $
20.85
Maintenance Expense
2,500.00
3,015.68
5,499.88
15.80
Care of Soldiers' Graves, Art. 17
1,200.00
1,200.00
Cemetery Land Purchase
3,750.00
3,736.00
14.00
$ 24,700.00 $
8,965.68
$ 33,615.03 $
50.65
-
Municipal Indebtedness Interest, not incl. Sewer, Light & Water .. Maturing Debt, not incl. Light & Water .... Loans in Anticipation of Revenue
$ 56,962.50 $ 4,800.00 $ 1,250.00 $ 60,512.50 174,000.00 174,000.00
$ 230,962.50 $
4,800.00 $
1,250.00 $ 234,512.50
Agency, Trust and Investment
Dog Licenses due County
$
51.60
$ 3,157.20
$ 3,121.80 $
87.00
Sporting Licenses due State
1,644.50
1,594.50
50.00
Parker Hospital Fund - Income
2,320.47
4,229.83
3,781.64
2,768.66
Parker Hospital Fund - Transactions
3,000.00
3,000.00
Grouard Hospital Fund - Income
13.80
2,130.10
2,143.90
Cemetery Perpetual Care Fund
Bequests
5,212.50
5,153.40
59.10
Interest
2,485.40
2,485.40
Transactions
17,000.00
17,000.00
R. H. S. Scholarship Fund
146.25
146.25
Torrey Library Fund
32.50
32.50
Tailings Account
386.69
64.25
5.85
445.08
Withholding Tax
13,515.11
143,309.63
142,422.95
14,401.79
Blue Cross -- Blue Shield
1,507.33
18,667.72
18,391.85
1,783.20
Guarantee Deposits
55.00
188.75
86.87
156.88
Salvage Account
6,630.70
184.24
44.00
6,770.94
State Parks and Reservations
3,291.93
3,279.02
12.91
Audit Municipal Accounts
306.60
306.60
Audit Retirement System
80.24
80.24
Metropolitan Sewerage
25,601.77
25,024.39
577.38
County Tax
49,546.39
47,744.66
1,801.73
County T. B. Hospital
16,230.07
16,187.21
42.86
Hurricane Relief, State Reimb.
38,454.85
38,454.85
$ 24,480.70
$ 334.964.72
$ 330,487.89 $
23,957.53
----
---
-
Balance Appropriated from 1953 1954
Other
Balance
Credits
Transfers Payments
Dec. 31
Non-Revenue Accounts
New High School Construction
$ 706,365.37 $
60,000.00 $ 116,145.43
$ 672,288.92 $ 210,221.88
New High School Sewer Const.
169,557.81
126,403.26
43,154.55
Library Addition
178.17
178.17
Water Construction - Standpipe
22,419.02
3,678.58
1,179.50
17,560.94
Light Construction - Regular
130,817.28
16,128.40
109,071.01
37,874.67
Light Construction - Special
58,921.38
1,956.02
56,965.36
Water Construction - Wells
3,678.58
3,402.00
276.58
Portion of Loans Invested:
New High School Construction
548,478.50
548,478.50
New High School Sewer Const.
174,520.00
174,520.00
Mun. Light Sub-Station Const.
149,576.25
149,576.25
$1,088,259.03 $
60,000.00 $1,008,527.16 $
5,634.60 $1,841,884.80 $ 309,266.79
Refunds
Taxes, Assessments, Pub. Ser. Ent., Etc.
$ 13,363.92
$ 13,363.92
Departmental
7,441.25
7,441.25
$ 20,805.17
$ 20,805.17
TOTALS
$1,336,794.29 $2,197,388.90 $3,072,201.17 $ 158,181.47 $5,815,652.92 $ 616,421.57
REPORT OF THE CONTRIBUTORY RETIREMENT BOARD
To the Honorable Board of Selectmen:
The total active membership of the Contributory Retirement System on December 21, 1954 was two hundred and fifty-two.
The following is the financial statement for the year ending Decem- ber 31, 1954:
Cash
Balance January 1, 1954
$ 13,598.94
Receipts
1954 Receipts:
Invested Income
$ 6,499.80
Contributions by Members
34,550.38
City of Medford
93.56
Add. Payments
1,894.30
Appropriated by Town:
Pension Fund
36,643.00
Expense Fund
1,350.00
Military Service Credit Fund
575.20
Refunds
155.71
81,761.95
$ 95,360.89
Expenditures
1954 Payments:
Investments
$ 29,800.00
Expenses
1,270.43
Annuities
3,460.63
Pensions
41,267.80
Refunds to Members
11,027.31
86,826.17
Balance December 31, 1954
8,534.72
$ 95,360.89
Assets
Cash, Middlesex County Nat. Bank, Reading
$ 8,534.72
Deposits on Interest
26,000.00
Paid-Up Cooperative Shares
40,000.00
Federal Loan and Savings Association
7,828.74
U. S. Savings Bonds
219,000.00
Accrued Interest on Investment
1,655.32
$ 303,018.78
237
Liabilities
Annuity Savings Fund
$201,120.11
Annuity Reserve Fund
37,887.40
Pension Fund
59,866.34
Special Military Service Credit
3,814.65
Expense Fund
330.28
$ 303,018.78
Contributory Retirement Board
DONALD C. MITCHELL, Chairman BOYD H. STEWART, Secretary ARTHUR C. ALDRICH
STATEMENT OF TRUST FUNDS Gilman L. Parker Hospital Fund
Balance January 1, 1954
$ 227,773.39
Receipts:
Income from Savings Banks $
2,396.46
Income from U.S. Savings Bonds
3,025.00
Income from Stock, First National Bank of Boston & Coop. Bank Paid-up Shares
820.50 $
6,241.95
Principal from Estate of Gilman L. Parker
236.88
$ 234,302.23
Disbursements:
Hospital Bills
$
1,761.59
State Deposit Box Rent
10.00 $
1,771.59
Balance, December 31, 1954
$ 232,530.64
Invested as Follows:
Savings Banks
$ 84,682.54
U.S. Savings Bonds
118,000.00
First National Bank of Boston, 108 Shares Co-operative Bank Paid-up Shares, 115
23,000.00
Home Bleach & Dye Works, Pfd., 2 Shares
11.00
Sharpe Mfg. Co. Preferred, 55 Shares
1.00
Sharpe Mfg. Co., Common, 20 Shares
1.00
In General Cash
2,768.66
4,066.44
$ 232.530.6-1
238
Anne S. Grouard Hospital Fund
Balance, January 1, 1954 Receipts:
$ 90,038.57
Income from Savings Banks $ 165.93
Income from Co-op. Bank Paid-up Shares
65.00
Income from U.S. Savings Bonds
2,065.10 $
2,296.03
Balance, December 31, 1954
$ 92,334.60
Invested as Follows:
Savings Banks
$ 7,834.60
Co-operative Bank Paid-up Shares
2,000.00
U.S. Savings Bonds
82,500.00
$ 92,334.60
Cemetery Perpetual Care Fund
Balance, January 1, 1954
$ 148,575.15
Receipts:
Bequests
$ 5,055.00
Income Savings Banks
1,489.93
Income from Securities
2,477.00 $
9,021.93
Disbursements:
For Work on Endowed Lots
$ 3,196.46
Balance, December 31, 1954
$ 154,400.62
Invested as Follows:
Savings Banks
$ 56,341.52
Co-operative Bank Paid-up Shares
20,000.00
U. S. Savings Bonds
78,000.00
In General Cash
59.10
$ 154,400.62
Public Library Fund
Balance, January 1, 1954
$ 1,042.73
Receipts - Income from Savings Bank
30.19
Balance, December 31, 1954, in Savings Bank ....
$ 1,072.92
Horace G. Wadlin Library Fund
Balance, January 1, 1954
$ 1,777.52
Receipts - Income from Savings Bank
51.44
Balance, December 31, 1954, in Savings Bank
$ 1,828.96
Donald N. Tuttle, Jr. Library Fund
Balance, January 1, 1954
$ 573.98
Receipts - Income from Savings Bank
14.42
Balance, December 31, 1954, in Savings Bank
$ 588.40
239
$ 157,597.08
?
Edward Appleton Library Fund
Balance, January 1, 1954
Receipts - Income from Savings Bank
$ 5,163.99 169.17
Balance, December 31, 1954, in Savings Bank Charles Torrey Library Fund
$ 5,333.16
Balance, January 31, 1954
$ 1,031.71
Receipts - Income from Investments
33.25
Balance, December 31, 1954
$
1,064.96
R.H.S. Scholarship Fund
Balance, January 1, 1954
$ 5,201.10
Receipts - Income from Savings Banks
147.68
Balance, December 31, 1954, in Savings Banks $ 5,348.78
Ethel E. Grant Swimming Pool Fund
Balance, January 1, 1954
$ 35,609.96
Receipts - Income from Savings Bank
1,023.61
Balance, December 31, 1954, in Savings Bank
$ 36,633.57
Post War Rehabilitation Fund
Balance, January 1, 1954
$ 658.79
Receipts - Income from Savings Bank
16.57
Balance, December 31, 1954, in Savings Bank Stabilization Fund
$ 675.36
Balance, January 1, 1954
$ 85,093.38
Receipts - Income from Savings Banks
2,609.43
Balance, December 31, 1954 in Savings Banks
$ 87,707.81
I hereby certify that in accordance with the provisions of Section 53, Chapter 41 of the General Laws, I have audited the account of the Commissioners of Trust Funds, and report the foregoing to be a true and accurate statement, December 31, 1954.
BOYD H. STEWART, Town Accountant
240
INDEX
Accountant's Report 195
Appropriations and Expenditures 227
Balance Sheet 196
Expenditures
206
Funded Debt
201
Receipts
202
Trust Funds
238
Animal Inspector's Report 187
Board of Appeals 105
Board of Assessors 189
Board of Health
144
Board of Public Welfare 152
Board of Public Works 161
Building Inspector's Report
186
Cemetery Department
110
Contributory Retirement Board Report
237
Custodian of Soldiers' and Sailors' Graves
159
Dog Officer's Report 107
Fire Chief's Report 155
Jurors' List 10
Library Trustees' Report 140
Middlesex County Extension Service (4-H Clubs) 143
Moth Superintendent's Report 188
Municipal Light Board Report 145
Auditor's Report 149
Financial Reports 150
Manager's Report 146
Planning Board's Report 109
Plumbing Inspector's Report 185
Police Dept. Report 108
Recreation Committee Report 142
INDEX
School Committee Report
113
Administrative Officers
114
Age-Grade Table
130
Budget
117
Commencement Exercises
137
High School Graduates
138
School Calendar 131
School Clinics
131
School Faculties
132
Superintendent's Report
120
Selectmen's Report 103
Statistics
9
Tax Collector's Report
191
Town Clerk's Report
13
Births
79
Deaths
96
Marriages
88
Notice to Parents, Housewives, Physicians and Midwives 101
State Primary
65
State Election
70
Town Election
13
Town Meetings
Annual
17
Special: March 29, 1954
39
Special: June 30, 1954
61
Special: December 6, 1954
74
Town Counsel's Report 106
Town Forest Committee's Report
157
Town Officers
2
Treasurer's Report
194
Tree Warden's Report 187
Veteran's Benefits Agent's Report 159
Wire Inspector's Report 112
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