USA > Massachusetts > Middlesex County > Reading > Town of Reading Massachusetts annual report 1963 > Part 16
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I take this opportunity to thank the men of this department and the many citizens who assisted me in the past year.
Respectfully submitted, MAURICE H. DONEGAN,
Tree Warden
204
REPORT OF THE MOTH SUPERINTENDENT
To the Honorable Board of Selectmen:
I submit my report as Moth Superintendent for 1963.
Two hundred and sixty-three elms were checked for Dutch Elm Disease. Cuttings from two hundred and three trees were sent to the Shade Tree Laboratories at the University of Massachusetts. One hundred and eighty-eight trees were found to be infected. Fifteen of the trees were on the roadside or other public property; they have been removed and burned. Of the remaining one hundred and seventy-three on private property, one hundred and thirty-eight have been removed and burned. The remaining thirty-five trees will be removed as soon as we receive releases from the property owners.
Thirteen of the fourteen infected elms left from 1962 were removed before the first of April. We were unable to obtain a release from one property owner.
The dormant spray recommended for the control of the Elm Bark Beetle was applied by helicopter.
The usual leaf spray program was continued this year. Sevin, a comparatively new insecticide, was used for most of this work. It proved very satisfactory, apparently giving much better control, espe- cially of birch and oak leaf miners.
There were very few Japanese Beetles during the 1963 season. Some authorities are of the opinion that this was due to the extremely dry summer.
I take this opportunity to thank the Board of Selectmen, the men of this department and all others who assisted me in the past year.
Respectfully submitted,
Maurice H. Donegan, Moth Superintendent
205
COUNCIL FOR THE AGING
Last March the Town Meeting voted the Council for the Aged a sum of $350.00 for bus trips for the Senior Citizens of Reading. In June, we took sixty aged people from all of Reading to Salem Willows for an outing. These two buses cost $70.00. In August, two buses took sixty- nine Senior Citizens to Sturbridge Village for the day. The charge for these two buses was $216.00. Because of the interest of the people taking these trips, sponsored by the Golden Age Club, the membership of the Golden Age Club has grown to over a hundred members.
In November the Golden Age Club sponsored a Thanksgiving Din- ner at which ninety-seven people attended. The cost of this dinner was $145.00. Since this was over the $350, donated by the Town, a number of donations were made by some organizations of the Town. All had an enjoyable time.
The total expenditures came to $431.50. The Council wishes to thank the Town for their donation and hopes they will do it again next vear. The Golden Age Club would like to take two bus trips next year: one to the Cathedral of The Pines in New Hampshire and the other to be decided on at a later date. We would also like to continue to have our Thanksgiving Dinner that was so enjoyed this year. So that we won't have to depend on organizations in the Town donating money to us, we would like to ask the Town of Reading for $500.00 which will just about cover the above trips and dinner.
Respectively submitted,
Elizabeth F. Nelson, Chairman
206
REPORT OF THE TREASURER for the Year Ended December 31, 1963
The transactions in the General Cash Account, in summary form, were as following:
Balance January 1, 1963 Receipts
$ 1,151,426.27 10,575,319.38
Total
Disbursemnts
$ 11,726,745.65 10,093,053.73
Balance December 31, 1963
$ 1,633,691.92
Funded Debt
Outstanding January 1, 1963 $ 4,173,000.00 660,000.00
Bonds and Notes Issued in 1963
4,833,000.00
Bonds and Notes Paid in 1963
377,000.00
Outstanding December 31, 1963
4,456,000.00
4,833,000.00
Loans in Anticipation of Revenue
Outstanding January 1, 1963
none 900,000.00
Notes issued in 1963
900,000.00
Notes paid in 1963
900,000.00
Outstanding December 31, 1963
none
900,000.00
A more detailed statement of receipts and disbursements, and a condensed version of my Annual Report of the Trust Funds of the Town, are presented in the report of the Town Accountant.
PRESTON F. NICHOLS,
Treasurer
207
REPORT OF THE BOARD OF ASSESSORS For the year 1963 Valuation
Real Estate
Land, exclusive of buildings
$
5,221,630.00
Buildings, exclusive of land
34,344,625.00
Total Value of Real Estate
$ 39,566,255.00
Personal Property
Stock in Trade
110,259.00
Machinery
232,565.00
Live Stock
1,562.00
All Other
1,277,376.00
Total Value of Personal Property
1,621,762.00
Total Value of all Property
$ 41,188,017.00
Amount Appropriated for Town Purposes $ 4,816,043.63
Amount to be paid for State & County Taxes
171,974.62
Amount of Overlay
79,194.38
5,067,212.63
Less Estimated Receipts $ 1,242.743.48
Excise Tax
394,809.00
Over Estimate in 1962
11,405.92
Available Funds
544,074.78
2,193,033.18
Net Amount to be raised on Polls & Property
2,874,179.45
Tax Rate for 1963 - $69.50 Actual Commitments for 1963
Real Estate Tax
$ 2,749,862.51
Personal Property Tax
112,712.94
Farm Animal Tax
32.55
Polls
11,614.00*
Excise
423,073.84
Sidewalk & Curbing
2,203.05
House Connections
14,046.15
Sewer Frontage
20,400.85
Highway
12,819.97
Water Charges
24,754.82
Water Mains
460.97
$ 3,371,981.65
*Includes additional commitments since Tax Rate Date
Polls - $10.00
Respectfully submitted, RALPH T. HORN FREDERICK J. MONTGOMERY FRANK M. STEVENS
Board of Assessors
208
IN MEMORIAM
MR. WILLIAM T. FAIRCLOUGH ASSESSOR
The Reading Board of Assessors feel deeply the loss of one of its members, Mr. William T. Fairclough.
Mr. Fairclough served the Town as a Member of the Board of Public Works and for the past eight years as Asses- sor, which office he held at the time of his passing, August 26, 1963.
He was a faithful and willing work- er and a friend to all who knew him. We mark his passing with regret.
RETIRED HAROLD B. CURRELL
On May 1, 1963 Mr. Harold B. Currell retired as Chairman of the Board of Assessors.
Mr. Currell served the Town as a Member of the Finance Commit- tee from 1933 to 1941. In 1941 he was elected to the Board of Assessors and served until his retirement May 1, 1963. Mr. Currell also served as Inspector of Buildings from 1948 until May 1, 1963 and served on the Building Code Committee, during which time he worked on the compila- tion of a new Building Code.
Mr. Currell was a tireless worker and contributed a great deal toward streamlining the Assessors' procedures and operations. His background as a Builder of excellent reputation and his experience on the Board of Investment of two local banks, plus his overall ability, made him a very capable appraiser. It is extremely doubtful if such a man of combined talents could be found to replace him.
The Reading Board of Assessors will miss the valued services of Mr. Currell.
209
REPORT OF THE DIRECTOR OF PUBLIC ASSISTANCE
To the Members of the Board of Public Welfare and Bureau of Old Age Assistance and citizens of the Town of Reading, the following report of activities, expenditures and reimbursements to the Town in various categories of assistance, administered by this office for the year ending December 31, 1963, is respectfully submitted.
Members of the Board of Public Welfare and Bureau of Old Age Assistance:
Daniel L. Chamberlain, Chairman
William H. Willson, Jr., Secretary, Bureau of Old Age Assistance
Newell H. Morton, Secretary, Board of Public Welfare
Welfare Office Staff Members
Quincy B. Park, Director of Public Assistance
Gladys M. Wilson, Social Worker
Anne A. Bleau, Social Worker
Elsie M. Kriehn, Senior Clerk
G. Marie Macintyre, Junior Clerk
Members of the Board of Public Welfare and Bureau of Old Age Assistance have met weekly to approve and sign payrolls and vouchers previous to their being submitted to Town Treasurer for payment. Regu- lar monthly meetings have also been attended to review and approve budgetary changes, approval or denial of assistance applications, and to transact any other business incumbent to their duties.
During the past year, 95 applications for assistance were made and processed by this office. 92 of these applications were approved and remaining three were either denied or voluntarily withdrawn after in- vestigation.
Applications classified by category were as follows:
12 applications made for Old Age Assistance
50 applications made for Medical Assistance for the Aged
16 applications made for aid to Families with Dependent Children
9 applications made for Disability Assistance 8 applications made for General Relief
For the purpose of comparison for the past year and 1962, the fol- lowing information is included in this report of statistics in the various categories.
Old Age Assistance
1962
1963
Case Load (Monthly Average)
102
96.3
Average Monthly Payment per Case
$
77.61 $
75.73
Total Annual Expenditure $ 98,092.31 $ 90,530.26
Medical Assistance for the Aged
1962
1963
Case Load (Monthly Average)
58.3
66.3
Average Monthly Payment per Case
$
171.36 $
147.26
Total Annual Expenditure
$ 119,883.61 $ 117,225.52
210
Aid to Families with Dependent Children
1962
1963
Case Load (Monthly Average)
14.8
14.6
Average Monthly Payment per Case
$
162.54 $
161.04
Total Annual Expenditure
$ 28,867.41 $
28,213.52
Disability Assistance
1962
1963
Case Load (Monthly Average)
12.8
15.3
Average Monthly Payment per Case
$
118.21 $
161.70
Total Annual Expenditure
$
18,157.30 $
29,687.36
General Relief
1962
1963
Case Load (Monthly Average)
2.5
2
Average Monthly Payment
$
223.87 $
821.08
Total Annual Expenditure
$
4,013.31 $
9,852.96
It will be noted in the preceding figures that the annual expendi- tures in Old Age Assistance, Medical Assistance for the Aged, and Aid to Families with Dependent Children show a decrease in 1963 from amounts expended in 1962. The increase noted in Disability Assistance and General Relief categories of assistance are sufficiently large to war- rant and explanation which is made as follows:
Hospitalization expenses paid to recipients of Disability Assistance and General Relief were in the amounts of $9,332.78 and $6,014.95 respec- tively thereby accounting for a large percentage of increased expendi- tures.
Appreciation is expressed to Town Counsel J. Warren Killam, Jr. and his staff for their whole hearted cooperation in assisting this office with legal problems encountered occasionally throughout the past year. We also wish to express our appreciation of the efforts of the Veterans' Bene- fit Officer in his investigation of cases referred to him by this office of persons eligible for Veterans' Benefits thereby reducing expenditures by this office.
Reimbursement to Town Treasurer Old Age Assistance
Source
Amount Account Credited
State Reimbursement $ 15,035.65 Estimated Receipts
Other Cities and Towns
1,159.77 Surplus Revenue
Federal Grants
66,520.28
Aid Account
Balance from Appropriation not ex- pended
none
Refunds
783.56 Aid Account
Real Estate Liens
13,964.96 To be determined
Medical Assistance for the Aged
State Reimbursement $ 42,505.22 Estimated Receipts
Federal Grants
60,494.64 Aid Account
Balance from Appropriation not ex- pended
none
Refunds
1,235.39 Aid Account
211
Aid to Families with Dependent Children
State Reimbursement
Federal Grants
$ 10,028.58 Estimated Receipts 15,483.56 Aid Account
Balance from Appropriation not ex- pended
none
Refunds
2,695.02
Aid Account
Disability Assistance
State Reimbursement $ 12,373.21
Estimated Receipts
Federal Grants
10,645.23
Aid Account
Balance from Appropriation not ex- pended
200.82
Surplus Revenue
Refunds
801.80
Aid Account
General Relief
State Reimbursement $ 166.70 Estimated Receipts
Other Cities and Towns
910.32
Surplus Revenue
Balance from Appropriation not ex- expended
29.58 Surplus Revenue
Administrative Account not expended
313.69
Surplus Revenue
Refunds
1,382.54
Aid Account
Summary
State Reimbursement for all categories of Assistance credited to Estimated Recipts Account $ 80,109.36
Reimbursement from Other Cities and Towns credited to Surplus Revenue Account 2,070.09
Federal Reimbursement credited to various assistance ac-
counts
153,143.71
Respectfully submitted, QUINCY B. PARK, Director of Public Assistance
REPORT OF VETERANS' AGENT
Board of Selectmen
Reading, Massachusetts
Gentlemen:
I respectfully submit my annual report as Veterans' Agent and Director of Veterans' Services for the year 1963.
Under Chapter 115, General Laws as amended, the Town of Reading is reimbursed one-half of all monies spent, provided that proper authori- zation is shown from the State as to settlement, dependency and need. Recipient Expenses $ 54,800.00
Recipients Aided
60 cases
Medical Cases Aided 44 cases
Fuel Cases Aided
26 cases
Veterans' Services
Disability Compensation and Pension Applications 46 cases
Hospitalization at Veterans' Hospitals 12 cases
Education - House Loans - G. I. Insurance 36 cases Respectfully submitted, Donald T. Taylor Veterans' Agent Veterans' Service Director
212
REPORT OF COLLECTOR OF TAXES For the Year ended December 31, 1963
Taxes and Assessments 1960
Uncollected December 31, 1962
$
8.00
Abatements Rescinded
169.40
Interest and Costs Collected
8.14
Paid Treasurer
$ 183.54
Abatements
2.00
Uncollected December 31, 1963
.00
$ 185.54 $ 185.54
Taxes and Assessments 1961
Uncollected December 31, 1962
$ 11,742.77
Refunds
27.63
Abatements Rescinded
53.30
Interest and Costs Collected
787.96
Paid Treasurer
$ 12,250.73
Abatements
100.27
Tax Takings
260.66
Uncollected December 31, 1963
.00
$ 12,611.66 $ 12,611.66
Taxes and Assessments 1962
Uncollected December 31, 1962
$ 96,504.25
Committed 1963
2,003.00
Refunds
4,310.88
Interest and Costs Collected
1,855.94
Paid Treasurer
$ 83,420.77
Abatements
12,237.53
Tax Takings
221.07
Uncollected December 31, 1963
8,794.70
$ 104.674.07 $ 104,674.07
Taxes and Assessments 1963
General Tax Warrant
$3,371,981.65
Refunds
20,809.06
Abatements Rescinded
45.37
Interest and Costs Collected
968.86
Paid Treasurer
$3,156,575.84
Abatements
103,976.50
Tax Takings
1,596.56
Uncollected December 31, 1963
131,656.04
$3,393,804.94 $3,393,804.94
213
Sewer Rentals $ 5,197.02
Uncollected December 31, 1962
Committed 1963
52,278.65
Refunds
132.28
Interest and Costs Collected
739.82
Paid Treasurer
$
52,418.36
Abatements
133.70
Uncollected December 31, 1963
5,795.71
$ 58,347.77 $ 58,347.77
Highway Betterments
Uncollected December 31, 1962
$
8,658.40
Committed 1963
2,590.21
Interest Collected
6.10
Paid Treasurer
$ 3,452.18
Betterments Apportioned
5,212.32
Uncollected December 31, 1963
2,590.21
$
11,254.71 $
11,254.71
Advance Payment Apportioned Highway
3,884.10
Interest Collected
25.30
Paid Treasurer
3,909.40
$ 15,164.11 $ 15,164.11
Sidewalk Betterments
Uncollected December 31, 1962
$ 5,270.69
Committed 1963
4,439.38
Paid Treasurer
$ 1,083.00
Abatements
170.57
Betterments Apportioned
4,207.12
Uncollected December 31, 1963
4,249.38
$
9,710.07 $
9,710.07
Advance Payment Apportioned Sidewalk
444.31
Interest Collected
.82
Paid Treasurer
445.13
$ 10,155.20 $
10,155.20
Sewer Betterments
Uncollected December 31, 1962
$ 36,601.69
Committed 1963
4,336.65
Interest Collected
6.74
Paid Treasurer
$ 9,925.20
Abatements
37.50
Betterments Apportioned
26,840.73
Uncollected December 31, 1963
4,141.65
$ 40,945.08 $ 40,945.08
214
Advance Payment Apportioned Sewer Refunds
5,632.64
50.63
Interest Collected
47.47
Paid Treasurer
5,730.74
$ 46,675.82 $ 46,675.82
Sewer House Connection Betterments
Uncollected December 31, 1962
$ 32,324.23
Committed 1963
34,091.37
Interest Collected
13.51
Paid Treasurer
$ 14,322.52
Betterments Apportioned
21,020.66
Uncollected December 31, 1963
31,085.93
$ 66,429.11 $
66,429.11
Advance Payment Apportioned Sewer House Connection
4,747.09
Interest Collected
20.94
Paid Treasurer
4,768.03
$ 71,197.14 $
71,197.14
Water Mains
Uncollected December 31, 1962
$
.00
Committed 1963
5,077.38
Uncollected December 31, 1963
$ 5,077.38
$ 5,077.38 $
5,077.38
Advance Payment Apportioned Water Mains
654.34
Paid Treasurer
654.34
$ 5,731.72 $
5,731.72
Moth Department
Uncollected Dec. 31, 1962
$ 990.40
Committed 1963
4,750.75
Abatements Rescinded
9.00
Paid Treasurer
$ 5,427.15
Abatements
2.00
Uncollected December 31, 1963
321.00
$ 5,750.15 $
5,750.15
Certificates
Certificates of Municipal Liens
$ 1,498.00
Paid Treasurer $ 1,498.00
$ 1,498.00 $
1,498.00
215
Estate of Deceased Persons
Uncollected December 31, 1962
$
.00
Committed 1963 Paid Treasurer
1,046.06
$ 265.17
Uncollected December 31, 1963
780.89
$ 1,046.06 $
1,046.06
Departmental Accounts
Tuition
$
10,873.51
Old Age Assistance
58,700.64
Snow Plowing
712.50
Main Pipe Extension
6,224.00
Misc. Repairs B.P.W.
1,620.48
Veteran's Service
20,072.40
Aid to Dependent Children
10,028.58
Public Health
395.71
Disability Assistance
12,373.21
General Aid
1,077.02
Paid Treasurer
$ 122,078.05
$ 122,078.05 $ 122,078.05
Water Rates
Uncollected December 31, 1962
$ 33,162.85
Committed 1963
295,362.31
Refunds
141.54
Paid Treasurer
$ 259,487.03
Abatements
658.50
Water Liens Added to Taxes
24,754.82
Uncollected December 31, 1963
43,766.35
$ 328,666.70 $ 328,666.70
Recapitulation of Receipts
Taxes and Assessments
$3,252,430.88
Sewer Rentals
52,418.36
Betterments
44,290.54
Departmental Accounts
127,770.37
Certificates of Municipal Liens
1,498.00
Water Rates and Miscellaneous
259,487.03
Paid Treasurer Per Treasurer's Receipts
3,737,895.18
$3,737,895.18 $3,737,895.18
WILLIAM E. MORRISON Collector of Taxes
216
ANNUAL REPORT of
THE TOWN ACCOUNTANT
for the year ended
December 31, 1963
Receipts and Expenditures
TOWN OF READING BALANCE SHEET - DECEMBER 31, 1963
ASSETS
LIABILITIES
Cash:
Payroll Deductions:
General
$1,142,433.86
Withholding Tax - Federal $ 35,131.05
Withholding Tax - State 10,003.22
Group Hospital Insurance
3,093.89
Group Life Insurance
441.76
48,669.92
Light
500.00
Tailings
687.55
Schools
238.00
Dog Licenses due County
62.00
Selectmen
50.00
Overestimate: Met. Sewerage
6,058.26
Water
100.00
Road Machinery Fund
52,766.21
Welfare
50.00
953.00
Cemetery Sale of Lots & Graves Fd.
10,305.02
Reserve for Petty Cash Advances ....
953.00
Accounts Receivable:
Taxes
Parker Hospital Fund
8,940.83
Grouard Hospital Fund
115.63
Foster Hospital Fund
31.88
Poll
86.00
Personal
358.12
Real Estate
7,605.27
8,049.39
Sawyer Scholarship Fund
121.88
Levy of 1963:
Appleton Library Fund
115.63
Public Library Fund
23.13
Poll
200.00
Personal
2,574.76
Real Estate
58,443.11
61,217.87
Light Consumers' Guaranteed Deps.
16,931.00
Motor Vehicle Excise:
Recoveries:
Levy of 1962
188.93
Old Age Assistance
3,860.00
Levy of 1963
66,137.76
66,326.69
Veterans' Benefits
6,930.64
10,790.64
Petty Cash Advances:
Library
$ 15.00
Trust Funds - Income:
Cemetery Perpetual Care Fund
2,287.56
Parker Scholarship Fund
115.63
Torrey Library Fund
16.25
Wadlin Library Fund
23.13
11,791.55
Levy of 1962:
Special Assessments:
Salvage Fund Committee
Sewer Unapportioned
4,141.65
Sewer 1962
60.05
Appropriation Balances Forward Hospital Insurance Refund Reserved
4,791.00
Sewer Interest 1962
15.49
Life Insurance Dividend Reserved .... Overlay Surplus Reserve
8,687.78
Sewer H. C. Unapportioned
31,085.93
Sewer H. C. 1963
344.63
Sewer H. C. Int. 1963
61.09
Sidewalk Unapportioned
4,249.38
Sidewalk 1962
24.40
Sidewalk 1963
115.56
Special Assessments
54,983.08
Sidewalk Interest 1962
6.14
Taxes on Est. of Deceased Persons
780.89
Sidewalk Interest 1963
34.06
Departmental
4,383.47
Highway Unapportioned
2,590.21
Tax Titles
9,506.71
Highway 1962
105.02
Tax Possessions
2,635.61
Highway 1963
355.41
State and County Aid to Highways
33,690.02
Highway Interest 1962
47.33
Highway Interest 1963
192.67
Light Rates, etc.
406,169.82
625,056.61
Water Mains Ext. Unapportioned
5,077.38
Water Available Surplus
57,205.48
Water Mains Ext. 1963
49.08
Premium on Loans
1,963.44
Water Mains Ext. Int. 1963
37.30
Sewer Rentals
5,795.71
54,983.08
Departmental:
Health
477.88
Water Ext. and Conn.
409.55
A.D.C. - State
2,860.00
O.A.A. - Other
315.04
Tree and Moth
321.00
4,383.47
6,672.03 195.00 720,402.87
Sewer 1963
462.39
2,911.01
Sewer Interest 1963
132.20
Overlay Reserved for Abatement of Taxes: Levy of 1962
3,856.75
Levy of 1963
12,594.55
16,451.30
Revenues Reserved until Collected:
Motor Vehicle Excise 66,326.69
Water Rates and Liens
46,580.32
Surplus Revenue
257,427.90
Bishop Memorial Fund
Taxes on Est. of Deceased Persons Tax Titles
780.89 9,506.71
Tax Possessions
2,635.61
Aid to Highways, Chapt. 90:
State
21,960.01
County
11,730.01
33,690.02
Water:
Rates, etc.
43,766.35
Liens added to taxes
2,813.97
46,580.32
Light:
Rates, etc.
406,169.82
Consumers' Deposits
16,931.00
423,100.82
Underestimates:
State Parks and Reservations
1,316.23
County Tax
443.12
1,759.35
Snow Removal Overdraft, Chapt. 44, Sec. 31
4,378.59
$1,860,779.67
$1,860,779.67
NON-REVENUE ACCOUNTS
491,258.06 Loans Authorized Unissued
420,000.00
420,000.00 Highland School Building Repairs 750.00
Barrows School Construction
464,064.33
Library Addition Construction
178.17
Coolidge Jr. High School Constr
4,119.76
Water Treatment Plant
165.67
Water Supply Construction
21,980.13
$ 911,258.06
$ 911,258.06
Cash
Loans Authorized
DEFERRED ACCOUNTS
Apportioned Sewer Assts. not due ..-- Apportioned Sewer H. C. Assts. due
Apportioned Sidewalk Assts. not due Apportioned Highway Assts. not due Apportioned Water Main Assts. not due
86,993.72
Apportioned Sewer Assts. Rev. 1964-74
86,993.72
59,016.99
Apportioned Sewer H.C. Assts. Rev. 1964-74
59,016.99
65,614.46
Apportioned Sidewalk Assts. Rev. 1964-82
10,399.46
2,309.08
65,614.46
Apportioned Highway Assts. 1964-82 Apportioned Water Main Assts. Rev. 1964-81
2,309.08
$ 224,333.71
$ 224,333.71
DEBT ACCOUNTS
Inside Debt Limit:
970,000.00
School - Eaton 1948
125,000.00
School - Memorial High 1952
90,000.00
School - Birch Meadow ---- 1956
260,000.00
School - Coolidge Jr. High 1960
495,000.00
970,000.00
Outside Debt Limit:
School - Memorial High ....
1952
900,000.00
School - Birch Meadow .... 1956
260,000.00
School - Coolidge Jr. High 1960
410,000.00
School -
Barrows
1963
660,000.00
Light
1949
10,000.00
Light
1951
56,000.00
Light
1955
60,000.00
Light
1956
390,000.00
Funded or Fixed Debt:
Inside Debt Limit
Outside Debt Limit
3,486,000.00
10,399.46
Water
1952
45,000.00
Water
1958
140,000.00
Water
1959
55,000.00
Water
1961
500,000.00 3,486,000.00
$4,456,000.00
$4,456,000.00
TRUST AND INVESTMENT ACCOUNTS
Cash and Securities
760,663.16
Parker Hospital Fund
291,581.61
Grouard Hospital Fund
125,489.24
Foster Hospital Fund
4,946.03
Parker Scholarship Fund
5,145.19
Brown Scholarship Fund
1,022.78
Sawyer Scholarship Fund
5,151.17
High School Scholarship Fund
3,760.00
Public Library Fund
1,006.93
Wadlin Library Fund
1,741.94
Tuttle Library Fund
504.70
Appleton Library Fund
5,005.82
Torrey Library Fund
1,029.39
Foster Library Fund
12,014.65
Pierce Library Fund
458.15
Cemetery Perpetual Care Fund
245,708.27
Grant Swimming Pool Fund
50,057.60
Stabilization Fund
6,039.69
$ 760,663.16
$ 760,663.16
CLASSIFIED STATEMENT OF FUNDED DEBT TOWN OF READING December 31, 1963
SCHOOLS
LIGHT
WATER
TOTAL
Date
Prin.
Int.
Prin.
Int.
Prin.
Int.
Prin.
Int.
1964
$ 275,000.00 $
92,373.75
$ 47,000.00 $
13,897.25
$ 55,000.00 $
22,635.00
$ 377,000.00 $ 128,906.00
1965
275,000.00
84,851.25
47,000.00
12,697.75
55,000.00
20,997.50
377,000.00
118,546.50
1966
270,000.00
77,322.50
42,000.00
11,542.00
55,000.00
19,360.00
367,000.00
108,224.50
1967
265,000.00
69,881.25
42,000.00
10,430.00
55,000.00
17,722.50
362,000.00
98,033.75
1968
265,000.00
62,633.75
42,000.00
9,318.00
55,000.00
16,085.00
362,000.00
88,036.75
1969
240,000.00
55,386.25
42,000.00
8,186.00
55,000.00
14,447.50
337,000.00
78,019.75
1970
240,000.00
48,638.75
42,000.00
7,074.00
55,000.00
12,810.00
337,000.00
68,522.75
1971
240,000.00
41,891.25
42,000.00
5,962.00
55,000.00
11,172.50
337,000.00
59,025.75
1972
240,000.00
35,143.75
35,000.00
4,870.00
50,000.00
9,597.50
325,000.00
49,611.25
1973
130,000.00
28,396.25
35,000.00
3,870.00
45,000.00
8,085.00
210,000.00
40,351.25
1974
130,000.00
24,123.75
35,000.00
2,870.00
35,000.00
6,785.00
200,000.00
33,778.75
1975
130,000.00
19,851.25
35,000.00
1,870.00
30,000.00
5,610.00
195,000.00
27,331.25
1976
125,000.00
15,578.75
30,000.00
870.00
30,000.00
4,620.00
185,000.00
21,068.75
1977
85,000.00
11,456.25
24,000.00
3,630.00
109,000.00
15,086.25
1978
85,000.00
8,493.75
23,000.00
2,838.00
108,000.00
11,331.75
1979
85,000.00
5,531.25
23,000.00
2,079.00
108,000.00
7,610.25
1980
30,000.00
3,600.00
20,000.00
1,220.00
50,000.00
4,820.00
1981
30,000.00
2,700.00
20,000.00
660.00
50,000.00
3,360.00
1982
30,000.00
1,800.00
30,000.00
1,800.00
1983
30,000.00
900.00
30,000.00
900.00
Total $3,200,000.00 $ 690,553.75
$ 516,000.00 $ 93,457.00
$ 740,000.00 $ 180,354.50
$4,456,000.00 $ 964,365.25
RECEIPTS FOR 1963 General Revenue
Taxes
Current Year:
Poll
$
8,806.00
Personal
109,266.95
Real Estate
2,628,383.58
2,746,456.53
Previous Years:
Poll
1,206.00
Personal
2,558.60
Real Estate
44,805.18
48,569.78
Tax Titles Redeemed
194.33
From the State:
Corporation Tax
128,652.61
Income Tax:
Valuation
71,786.00
Education
187,951.71
Library
4,814.75
Loss of Taxes
2,350.84
395,555.91
Farm Animal Excise
32.55
Estate of Deceased Persons
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