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Home My WebLink AboutAUDIT 01-01-1972 -- 01-31-1973Form DA-96 2M sets (2) 3-73-074869 .! ~he ~gommonweallh o~ ~Bassarhusens DEPARTMENT Of CORPORATIONS AND TAXATION BUREAU OF ACCOUNTS REPORT OF AN AUDIT of THE ACCOUNTS THE TOWN 0F NORTH ANDOVER ~mOR THE PERIOD FROM JANUARY 1, 1972 TO JANUARY 31, 1973 Made in Accordance with the Provisions of Chapter 44, General Laws August 29, 1~'73 NICHOLAS L. METAXAS COMMISSIONER GORDON A. McGILL DIRECTOR OF ACCOUNTS August 29, 1973 MAIL ADDRESS: P. O. BOX 7015 BOSTON, MA~. 02204 To the Board of Selectmen Mr. Joseph A. Guthrie, Chairman North Andover, Massachusetts Gentlemen: I submit herewith my report of an audit of the books and accounts of the town of North Andover for the period from January 1, 1972 to January 31, 1973, made in accordance with the provisions of Chapter 44, General Laws. This is in the form of a report made to me by Mr. Walter F. Abel, Assistant Chief of Bureau. Very truly yours, Director of Accounts GAN:Jag Mr. Gordon A. McGill Director of Accounts Department of Corporations and Taxation Boston, Massachusetts Sir: As directed by you, I have made an audit of the books and accounts of the town of North Andover for the period from January l, 1972 to January 31, 1973, and report thereon as follows: The records of financial transactions of the town, as shown on the books of the several departments receiving or disbursing money for the town or committing bills for collection, were examined and verified by comparison with the books and records of the town accountant and the town treasurer. The books and accounts in the office of the town accountant were examined and checked in detail. The recorded receipts were compared with the treasurer's books and with the records in the several departments collecting money for the town, and the payments, as entered, were checked with the treasurer's books and with the treasury warrants, while the appropriations, loan authorizations, and transfers were checked With the town clerk's records of financial votes passed by the town meetings and with the finance committee,s authorizations of transfers from the reserve fund. The general and appropriation ledgers were analyzed for the period of the audit~ a trial balance was taken off, and a balance sheet showing the financial condition of the town on December 31, 1972 was prepared and is appended to this report. The books and accounts of the town treasurer were examined and checked in detail. ~he receipts, as recorded, were analyzed and verified by J comparison with the records in the several departments collecting money for the town, with other sources from which the to~n received money, and with the town accountant's books, while the recorded payments were checked with the selectmen's warrants authorizing the disbursement of town funds and with the town accountant,s records~ The cash book was footed, and the cash balance on January 31, 1973 was verified by reconciliation of the bank balances with statements furnished by the banks of deposit, by inspection of the savings bank books, by verification of the certificates of deposit, and by actual count of the cash in the office. The reported payments on account of maturing debt and interest were compared with the amounts falling due and were checked with the cancelled coupons and securities on file. The bond and coupon account was reconciled with a statement furnished by the bank of deposit. The records of payroll deductions on account of Federal and State taxes, the county and teachers' retirement systems, Blue Cross and Blue Shield, group insurance, credit Unions, and the United Fund were examined and reconciled with the treasurer's and the accountant's books, and the payments to the proper agencies were verified. The transactions of the trust funds in the custody of the town treasurer and the trustees of t~e library funds wer~ verified, and the securities and savings bank books representing the investment of the funds were examined and listed. The records of tax titles and tax possessions held by the town were examined and checked. The amounts added to the tax title account were compared with the collector's records, the tax titles redeemed were checked with the receipts as recorded in the treasurer.s cash book, and the tax titles and tax possessions on hand were listed and compared with the records at the Registry of Deeds.,. 3 The books and accounts of the tax collector were examined and checked. The tax, excise and assessment accounts outstanding at the time of the previous examination, and all subsequent commitments, were audited and proved with the warrants issued, for their collection. The recorded receipts were checked with the payments to the treasurer and with the accountant's ledger, the abatements as recorded were compared ~ith the assessors' records of abatements granted, and the outstanding accounts were.listed and reconciled with the respective ledger accounts. The records of departmental accounts receivable were examined. The payments to the treasurer were verified, and the outstanding accounts were listed and reconciled with the accountant's ledger. The books and accounts of the public work~ department were examined and checked. The recorded collectiQns were compared with the payments to the treasurer, the abatements as recorded were verified, and the outstanding accounts were listed and reconciled with the town accountant's ledger. The outstanding tax, excise, assessment, departmental, sewer, and water accounts were further verified by mailing notices to a number of persons whose names appeared on the books as owing money to the town, the replies received thereto indicating that the accounts, as listed, are correct. The records of apportioned assessments were examined and checked. The payments in advance were checked with the treasurer's books, the amounts added to taxes were verified, and the assessments due in future years were listed and ~reconciled with the controlling accounts. The financial records of the town clerk were examined and checked in detail. The records of permits, recording fees, etc., were checked and proved° The cash book was analyzed and the recorded payments to the treasurer were verified by comparison with the treasurer's cash book. The records of dog licenses, the proceeds of which are paid to the county, and of sporting, licenses, which are collected on behalf of the State, were examined and Checked in detail. The payments to the treasurer and to the Division of Fisheries and Game were verified, and the cash balance on January 31, 1973 was proved by actual count of the cash in the office. The surety bonds of the town officials required to furnish them were examined and found to be in proper form. The records of cash receipts of the selectmen, the sealer of weights and measures, the inspectors of building, wire, gas and plumbing, as well as of the school and library departments, and of all other departments wherein money is collected for the town, were examined and checked. The payments to the treasurer were verified, and the cash on hand, including petty cash advances, was proved by actual count. The books and accounts of the treasurer of the North Andover and Boxford District of Veterans' Services were audited in conjunction with the audit of the town treasurer's accounts. The cash book was analyzed, the recorded receipts and disbursements were verified, and the cash balance on January 31, 1973 was proved by reconciliation of the bank balance with a statement furnished by the bank of deposit. Appended to this report, in ~ddition to the balance Sheet, are tables showing a reconciliation of the treasurer's and town clerk's cash, summaries of the tax, excise, assessment, tax title, departmental, sewer, and water accounts, as well as schedules showing the condition and transactions of the trust and investment funds. During the progress of the audit cooperation was received f~om all officials of the town, ~or which, on behalf of my assistants and for myself, I wish to express appreciation. Respectfully submitted, Assistant Chief of B~eau WFA:Jag RECONCILIAT,I. 0N.,0F T~EAS,U~.E~,,'S CASH Balance January 1, 1972 Receipts $5,385,832.25 11,382,195.99 Payments Balance December 31, 1972' 14,356;428o 0 2,411,601. Balance January 1, 1973 Receipts January'l to 31, 1973 Payments January 1 to 31, 1973 Balance January 31, 1973 $2,411,601.84 155,972.71 582,092.16 1,985,482.39 Balance January 31, 1973 Cash on hand January 31, 1973: In banks: Bay State National Bank, Lawrence Arlington Trust Company, Lawrence: General School Boston Safe Deposit and Trust Company Merrimack Valley National Bank New England Merchants National Bank, Boston State Street Bank and Trust Company, Boston The First National Bank of Boston Community Savings Bank, Lawrence: Book No. 27346 Merrimack Valley National Bank, Savings: Book No. 4005042 Book No. 4005043 Certificates of deposits, verified In office, verified $191,277.41 99,575.08* 45,495.02- 39,560.00* 67,957.59* ~0,326.55' 384,281.56' 106,308.00- 8,399.41 279.67 1,913.68 $985,373.97 1,000,000.00 lO8.42 *Per statement and check book 6 $16,768,030.24 $16.768.0~0.24 $2,567,574 · 55 $2. M67 _,574. ~g $1,985,482.39 $1,985.482~3~ RECONCILIATION OF TRFASURER'S CASH Bay State ,Na,t, iomal Bank, t' La, wren, ce Balance January 31, 1973, per statement Deposit in transit, verified Bank error to be adjusted $23%274.88 35,921.11 1.83 Balance January 31, 1973, per check register Outstanding checks January 31, 1973, per list 191,277.41 83,920.41 Special Cash Federal Revenue Sharing, Public ~aw 92-512 Receipts 1972 Balance December 31, 1972 Balance January 1, 1973 Receipts January 1 to 31, 1973 $161,157.00 154,645.oo Balance January 31, 1973: In banks: Andover Savings Bank, account #20-152578 Arlington Trust Company, account #55-11879 Essex Broadway Savings Bank, account #402326 Certificates of deposit, in safekeeping 78,950.50 38,661.25 78,950.50 119,239.75 RECONCILIATION OF BOND AND COUPON ACCOUNT Stat~ ~t~eet Bank,,and Trust Compan2~ Boston Balance January 31, 1973, per statement Outstanding January 31, 1973, per list: Bonds Coupons $2,000.00 2,364.75 7 $275,197.82 $161,157.00 $315,802.00 $31 .8o :oq $4,364.75 NORTH ANDOVER AND BOXFORD DISTRICT DEPARTMENT OF VETERANS, SERVICES Reconciliatign.of..Dist~ict Treasurer's Cash. Balance January 1, 1972 ' Receipts: Town of North Andover Town of Boxford Payroll deductions: County retirement system Payments: Director's salary Telephone Due s Treasurer' s bond County retirement system Balance December 31, 1972 $1,174.63 185.37 60.00 $79.o4 1,420.00 1,200.00 72.74 10.O0 6.00 6O.OO 1,348.74 150.30 Balance January 1, 1973 Receipts January 1 to 31, 1973: Town of North Andover Payroll deductions: County retirement system Payments January 1 to 31,~ 1973: Director's salary County retirement system Balance January 31, 1973: Bay State National Bank, Lawrence, per statement and check book $1,761.95 5.00 100.00 5.00 $150.30 1,766.95 lO5.OO 1,812 -25 8 $1,499.o4 $1,917.25 pAYR 0LL DEDUCT IONS Federal Taxes Balance January 1, 1972 Deductions Payments to Director of Internal Revenue Balance December 31, 1972 Balance January l, 1973 Deductions January I to 31, 1973 Payments to Director of Internal Revenue January I ta 31, 1973 Balance January 31, 1973, per list Balance January l, 1972 Deductions Payments to State Balance December 31, 1972 ~tate Taxes Balance January 1, 1973 Deductions January 1 to 31, 1973 Payments to State January 1 to 31, 1973 Balance January 31, 1973, per list County Retiremen~ System Balance January 1, 1972 Deductions Payments to county treasurer Balance December 31, 1972 Balance January 1, 1973 Deductions January 1 to 31, 1973' Payments to county treasurer January 1 to 31, 1973 Balance January 31, 1973, per list $3~,158.15 558,166.84 556,454°49 4,870°50 $4,870.50 36,106.39 36,664.39 4,312.50 $13,911.30 146,384.21 1~'~;, 211.20 16,084.31 $16,084o 31 9,495-56 16,084. 31 9,495.56 $6,64o.63 71,o21.37 70,031.03 7,630.97 $7,630.97 5,481.88 7,630.97 5,481.88 $561,324.99 $40,976.89 $160,295.51 $25,579e87 $77,662.00 $13,112.85 9 PAYROLL DEDUCT IONS Massachusetts Teachers' Retirement Syste~ Deductions 1972 Payments to Massachusetts Teachers' Retirement Board 1972 Deductions January 1 to 31, 1973 Balance January 31, 1973, per list Blue Cross and Blue Shield Balance January 1, 1972 Deductions 1972 $10.00 74,741.67 Payments to Massachusetts Hospital S~rvices, Inc., 1972 Deductions January 1 to 31, 1973 Balance January 31, 1973, per list Pensioners' Blue Cross and Blue Shield Deductions 1972 Payments to Massachusetts Hospital Services Inc., 1972 Group Insurance Deductions 1972 Payments to Prudential Life Insurance Company 1972 'Deductions January 1 to 31, 1973 Balance January 31, 1973, per list l0 $99,698.19 $5,879.71 $74,751.67 $6,457.92 $6,596.84 $6.596.84 $5,986.50 $433.29 PAYR 0LL DEDUCT IONS 11 Deductions 1972 Tax Sheltered An~ui~s Payments to insurance companies Balance December 31, 1972' Balance January 1, 1973 Deductions January 1 to 31, 1973 ayments to insurance companies January 1 to 31, 1973 Balance January 31, 1973, per list $12,858.88 560.00 $56o.oo 1,448.74 380.00 1,628.74 Deductions 1972 North Andov~r.Municipal Credi~.~nion Payments to North Andover Municipal Credit Union Balance December 31, 1972 Balance January 1, 1973 Deductions January 1 to 31, 1973 Payments to North Andover Municipal Credit Union January I to 31, 1973 Balance January 31, 1973, per list $75,374.00 210.00 $210.00 6,220.00 4,853.oo 1,577.oo United ~und of Greater Lawrence Deductions 1972 Payments to United ~und of Greater Lawrence 1972 Deductions January I to 31, 1973 Balance January 31, 1973, per list ! $13,418.88 $2,008.74 $75,584.00 $7~, ~8h. 00 $6,430.00 $6 ~ 43Oo~0~. $1,012.06 $1o5.56 Deductions 1972 PAYROLL DEDUCTIONS Teachers' Union Payments to treasurer of Teachers'' Union 1972 Deductions January 1 to 31, 1973 Balance January 31~ 1973, per list Public Works Union Deductions 1972 Payments to treasurer of Public Works Union 1972 Deductions January 1 to 31, 1973 Balance January 31, 1973, per list Fire fighters '~ Union Deductions 1972 Payments to treasurer of Firefighters' Union 1972 Deductions January 1 to 31, 1973 Balance January 31, 1973, per list ,TAX ,COLLECTOR Petty Cash Advance Cash advance January 31, 1973 Cash on hand January 31, 1973, verified $11,004.16 $1,047.42 $359.00 o0 $32.o0 $174.00 $174, O0 $87.00 $83.00 $100.00 ~lOQ,Q0 12 MmS~NA5' ?RO? ,E~.TY TAX~S ...-. 1970 Outstanding January 1, 1972 Payments to treasurer Outstanding December 31, 1972 Outstanding JanuarY 1, 1973 Overpayments to be refunded Abatements January 1 to 31, 1973 Outstanding January 31, 1973, per list PERSONAL PROp.ERTY TAXES Outstanding January 1, 1972 Payments to treasurer Outstanding December 31, 1972 Outstanding January 1, 1973 Payments to treasurer January 1 to 31, 1973 Abatements January 1 to 31, 1973 Outstanding January 31, 1973, per list $4o .25 120.75 $120.75 17.25 80.50 57.50 $549.00 202.00 $36.00 78.00 90.00 $161.00 $138.oo $753.00 $204.00 13 REAL ~STATE. TAX,ES - 1.971 Balance January 1, 1972 Refunds Adjustments: Water liens 1971 reported as real estate taxes 197r Audit adjustment December 3i, 1972: Interest reported as real estate taxes 1971 Credit balance December 31, 1972 Payments to treasurer Transferred to taxes in litigation Transferred to tax titles Adjustment: Real estate taxes 1971 reported as interest and costs Commitment January 1 to 31, 1973, per warrant Overpayments to be refunded Credit balance January 1, 1973 Audit adjustment January 31, 1973: Unlocated difference PERSONAL PROPERTY TAXES - 197,2 Commitment per warrant R e funds Payments to treasurer Abatements Outstanding December 31, 1972 Outstanding January 1, 1973 Payments to treasurer January 1 to 31, 1973 Outstanding January 31, 1973, per list $50,363.00 170.40 5.00 377.05 50,189.~9 692.40 30.00 47.96 $357.60 21.12 377.05 1o67 $285,15 1.6 85. 5 283,769.58 242.35 1,224.85 $248.90 975.95 14 $5o,959.85 $378.72 ~378.72 $285,236.78 Commitment per warrant R e funds $4,624,077.30 14,5 7.55 Payments to treasurer Abatements ' Transferred to tax titles Audit adjustment December 31, 1972: Transferred to taxes in litigation not reported' Outstanding December 31, 1972 , o2,175.38 158,490.35 2,422.19 755.87 74,781.06 $4,63 ,624.85 $4.6~8.62k.8~ Outstanding January 1, 1973 Unlocated difference January 31, 1973 Overpayments to be refunded Payments to treasurer January 1 to 31, 1973 Outstanding January 31, 1973, per list $74,781.06 19.87 1.72 7,847.33 66,955.32 $74,802.65 TAXES I,,N,~,,,LITI,GATION Outstanding January 1, 1972 Transferred from real estate taxes 1971 Audit adjustment December 31, 1972: Transferred from real estate taxes 1972 not reported Outstanding December 31, 1972 and January 31, 1973, per list $663.55 692.40 755.87 $2, lll. 82 MOTOR VEHICLE .EX~SE - 1970 Outstanding January 1, 1972 Adjustment: Abatement of motor Vehicle excise 1971 reported as motor vehicle excise 1970 Audit adjustments Decembe~ 31, 1972: Commitments not reported Overpayments Payments to treasurer Abatements Audit adjustment December 31, 1972: Unlocated difference Outstanding December 31, 1972 $6,6 06.52 343.06 173.40 1.90 3,113.18 3,725.39 1.90 284.41 Outstanding January 1, 1973 Audit adjustment January 31, 1973: Abatements rescinded not reported Unlocated difference January 31, 1973 Payments to treasurer January I to 31, 1973 Outstanding January 31, 1973, per list $284.41 38.50 21.4o 152.90 191.41 MOTOR VEHICLE EXCISE - 1971 Outstanding January 1, 1972 Commitment per warrants R e funds Abatements rescinded Audit adjustment December 31, 1972: Abatements rescinded not reported~ Payments to treasurer Abatements Adjustment: Abatement of motor vehicle excise 1971 reported as motor vehicle excise 1970 Outstanding December 31, 1972 $57,832.71 68,511.81 3,504.19 184.80 356.;j0 97,214.19 17,393.75 3~[3.06 15,438.91 Outstanding January 1, 1973 Commitments January 1 to 31, 1973, per warrant Refunds January I to 31, 1973 Unlocated difference January 31, 1973 Payments to treasurer January 1 to 31, 1973 Abatements January 1 to 31, 1973 Audit adjustment January 31, 1973: Refund of motor vehicle excise 1972 reported as motor vehicle excise 1971 Outstanding January 31, 1973, per list $15,438.91 2.00 153.~5 18.Ol 1,379-75 30.25 149.32 14,053.05 16 $7,124.88 $3~.31 $130,389.91 $15,612.37 $15.612.37 MOTOR ...VEHICLE EXCISE...,.. 19,72 Commitment per warrants R e funds Abatements rescinded $428,~72.93 2,147.72 34.37 Payments to treasurer Abatements Outstanding December 31, 1972 317,3~14.0~ 42, ~21.19 70,519.79 Outstanding January 1, 1973 Refunds January 1 to 31, 1973 Audit adjustment January 31, 1973: Refund of motor vehicle excise 1972 reported as motor vehicle excise 1971 Overpayments to be refunded Payments to treasurer January i to 31, 1973 Abatements January I to 31, 1973 Unlocated difference January 31, 1973 Outstanding January 31, 1973, per list $70,519.79 383.66 149.32 464.57 29,297.72 4,000.29 38,197. FAR.M, EXCISE - 1972 Commitment per warrant Payments to treasurer 1972 UNAPPORTIONED SEWER ASSESSMENTS Outstanding January 1, 1972 Commitment per warrant $26,636.63 13,137.12 Payments to treasurer Apportionments Audit adjustment December 31, 1972: Abatements not reported Outstanding December 31, 1972 and January 31, 1973, per list 7,037.31 4,925.52 1,476.00 26,334- 92 SEWER .AS.SESSMENTS.. ,,, , - 1971, Outstanding January 1, 1972 Payments to treasurer 1972 Adjustment 1972: Sewer assessments 1'971 reported as water assessments 1971 $135.40 42.00 17 $430,655.02 $71,517.34 $474.30 $39,773.75 $177.40 I I I I I I I I I I I I I I I I I I I Commitment per warrant SEWER ASSESSMENTS - 1972 Payments to treasurer Outstanding December 31, 1972 and January 31, 1973, per llst $7,084.38 155.1o 'APPORTIONED SEWER ASSESSMENTS - NOT DUE Balance January 1, 1972 kpportionments $36,084.19 4,925.52 Payments to treasurer in advance Added to taxes 1972 Balance December 31, 1972 and January 31, 1973, per list: Due in 1973 to 1982, inclusive 1,180.80 7,239.48 32,589.43 SUSPENDED SEWER ASSESSMENTS' Balance January 1, 1972 Payments to treasurer Balance December 31, 1972 and January 31, 1973, per list $4o5.oo 810.00 ~.TREE? ASSESSMENTS - 1971 Outstanding January 1, 1972 Payments to treasurer 1972 Commitment per warrant STREET ASSESSMENTSj. . ~ - 1972 Payments to treasurer 1972 Transferred to tax titles 1972 $535.03 23.89 'ST~EE? APP0.RTIONFD ASSESSMENTS - NOT DUE Balance January 1, 1972 Payments to treasurer in advance Added to taxes 1972 Balance December 31, 1972 and January 31, 1973, per list: Due in 1973 to 1977, inclusive $551.4o 558.92 1,895.70 18 $7,239.48 ~7.2~9.48 $41,009.71 $1,215.00 $1,21g.00 $2o,25 $20.25 $558.92 $~8~92 $3, oo6.02 I I I I I I I I I I I I UNAPPORTIONED WATER ASSESSMENTS Outstanding January 1, 1972 Commitment per warrants $8,823.00 2,358.oo Payments to treasurer Apportionments ' Audit adjustment December 31, 1972: Unapportioned water assessments suspended not reported Outstanding December 31, 1972 and January 31, 1973, per list 1,965.00 375.00 8,~d~8.00 393.00 WATER AS SESSM~,,NT ,S,,,,,- l?T1 Outstanding January 1, 1972 Adjustment 1972: Sewer assessments 1971 reported as water assessments 1971 $970.53 42.00 Payments to treasurer 1972 WATER ASSESSMENTS,- 19,72 Commitment per warrant Payments to treasurer Outstanding December 31, 1972 and January 31, 1973, per list $2,891o 76 845 · oo APPORTIONED WATER ASSESSMENTS - NOT DUE Balance January 1, 1972 Apportionments $30,954.66 375.00 Payments to treasurer in advance Added to taxes 1972 Balance December 31, 1972 and January 31, 1973, per list: Due in 1973 to 1988, inclusive' 2,4o4.oo 3,736.76 25,188.90 SUSPENDED WATER ASSESSMENTS Balance January 1, 1972 Audit adjustment December 31, 1972: Unapportioned water assessments suspended not reported Payments to treasurer Balance December 31, 1972 and January 31, 1973, per list $1,515.oo 8,448- O0 h. o5.oo 9,558.oo 19 $11,181.00 $1,012.53 $1 jol2.~! $3,736.76 ~37736.76 $31,329.66 $9,963 · O0 $9.96~,,90 COMMITTEI? SEW~ER ,,,,I, NTF~EST - 1971 Outstanding January 1, 1972 Adjustment 1972: Committed water interest 1971 reported as committed sewer interest 1971 ' Payments to treastwer 1972 COMMITTED SEWER INTEREST Commitment per warrant Payments to treasurer Outstanding December 31, 1972 and January 31, 1973, per list - 1972 C. OMMITTED ~TREET INTEREST ,- Outstanding January 1, 1972 Payments to treasurer 1972 COMMITTED ,STR, ,EET INTERE,ST~ ,- !972 Commitment per warrant Payments to treasurer 1972 Transferred to tax titles 1972 COMMITTED,, , , WATER, ,INTEREST, - 1971 Outstanding January 1, 1972 Payments to treasurer 1972 'Adjustment 1972: Committed water interest 1971 reported as committed sewer interest 1971 COMMIT~ED WA,T..ER INTEREST - ·!972 Commitment per warrant Payments to treasurer Outstanding December 31, 1972 and January 31, 1973, per list $11.92 6.24 $1,532.43 16.82 $114.5B 5.73 $663.12 6.24 $874.68 '311.4o 2O $18.16 $1,549.25 $13.77 $120.26 $669.36 $1,186.08 Collections 1972 21 $6,915.21 Payments to treasurer 1972 Audit adjustment December 31, 1972: Interest reported as reA1 estate taxes 1971 Collections January 1 to 31, 1973 Payments to treasurer January 1 to 31, 1973 MUNICIPAL LIENS Collections 1972 Credit balance December 31, 1972 Credit balance January 1, 1972 Payments to treasurer' 1972 $6,910.21 5.00 $1,748.00 2.00 18.00 1,732.00 $6.9l~.21 $242.75 $242. $1,750.00 Collections January 1 to 31, 1973 Credit balance January 1, 1973 Payments to treasurer January 1 to 31, 1973 Cash on hand January 31, 1973, Verified TAX TITLES Balance January 1, 1972 Transferred to tax titles: Taxes 1971 Taxes 1972 ~ Street assessments 1972 Committed street interest 1972 Interest and costs Audit adjustment December 31, 1972: Added interest on tax titles redeemed reported as tax titles Tax titles redeemed Balance December 31, 1972 $3o.oo 2,422.19 23.89 5.73 37 .~$!'~ $2.00 72.00 4.00 $8,980.28 2,519.25 6.43 2,638.75 8,867 · 21 $78.00 $78.OO $11,505.96 $!1. ~0~. Q6 Balance January 1, 1973 Tax titles redeemed January 1 to 31, 1973 Balance January 31, 1973, per list $1,323.86 7,543.35 $8,867 · 21 22 Balance January 1, 1972 TAX P0SS~SSZ0Ns $5,587.74 Balance December 31, 1972 and January 31, 1973', per list Collections 1972 .I. NTEREST AND COSTS., 01~. ,TAX T.!T. LES $306,65 Payments to treasurer 1972 AUdit adjustment December 31, 1972: Added interest on tax titles redeemed reported as tax titles $300.22 6.43 Collections January 1 to 31, 1973 Payments to treasurer January 1 to 31, 1973 TOWN CLERK $66.63 Licenses issued 1972 Dog Licenses Payments to treasurer 1972 Fees transferred to miscellaneous~ receipts 1972 Licenses issued January 1 to 31, 1973 Fees transferred to miscellaneous receipts January 1 to 31, 1973 Cash balance January 31, 1973 TOWN CLERK Sporting LicenSes $1,932.20 233.80 $3.15 23.85 $2,166.00 $2, ~..6_~. oo $27.00 ~27,,.oo. Licenses issued 1972 Payments to Division of Fisheries and Game 1972 Fees transferred to miscellaneouS receipts 1972 I Licenses issued January 1 to 31, 1973 $5,22B.5O 238.45 $5,461.95 $1,o97.5o Fees transferred to miscellaneous receipts January 1 to 31, 1973 Cash balance January 31, 1973 $27.75 1,069.75 TOWN CLERK Miscellaneous ~eceipts Receipts 1972 Fees transferred to miscellaneous receipts 1972: ' Dog licenses Sporting licenses $233.80 Payments to treasurer 1972 Receipts January 1 to 31, 1973 Fees transferred'to miscellaneous receipts January 1 to 31, 1973: Dog licenses Sporting licenses $B.15 27.75 Cash balance January 31, 1973 Reconciliation of Cash Cash balance January 31, 1973, per tables: Dog licenses Sporting licenses Miscellaneous receipts $23.85 1,069.75 2o5.9o Unidentified cash January 31, 1973 Cash on hand January 31, 1973, verified SELECTMEN,S DEPARTMENT Licenses and permits issued 1972 Payments to treasurer 1972 Licenses and permits issued January I to 31, 1973 Cash on hand January 31, 1973, verified $2,528.88 272.25 · $175.oo 30.90 $1,299.50 1.03 23 $3,001.13 $205.90 $1,300.53 $14,735o00 ~lh,_.7..~,o0 $359.00 PLANNING BOARD Receipts 1972 Payments to treasurer 1972 Receipts January 1 to 31,'1973 Cash on hand January 31, 1973, verified Receipts 1972 Payments to treasurer 1972 POLICE.DEPARTMENT Receipts January 1 to 31, 1973 Cash balance January 31, 1973, verified FIRE DEPARTMENT Accounts Receivable Outstanding January 1, 1972 Charges 1972 Payments to treasurer 1972 Permits issued 1972 Payments to treasurer 1972 Permits issued January 1 to 31, 1973 BUILDING I~SPECTOR Cash on hand January 31, 1973, verified WEE I~S PE ,C, T ~R Permits issued 1972 Payments to treasurer 1972 Permits issued January 1 to 31, 1973 Cash on hand January 31, 1973, verified $48.50 43.00 $23.75 $43.90 $1,034.00 $168.oo $91.5o $27,761.88 $633.00 $1,622.00 $40.00 Permits issued 1972 GAS INSPECTOR $266.OO Payments to treasurer 1972 Cash balance December 31,.1972 Cash balance January 1, 1973 Permits issued January 1 to 31, 1973 Cash on hand January 31, 1973, verified SFALER OF WEIGHTS AND MEASURES Cash balance January 1, 1972 Receipts Payments to treasurer Cash balance December 31, 1972 Cash balance January 1, 1973 .Receipts January 1 to 31, 1973 Payments to treasurer January I to 31, 1973 Cash balance January 31, 1973, verified $262.00 4.00 $4.00 158.oo $17.00 461.10 375.70 lO2.4o $102.40 6.00 70.00 38.40 $162.00 $478.10 $1o8.4o Receipts 1972 TREE WARDEN $325°00 Payments to treasurer 1972 Receipts January 1 to 31, 1973 Payments to treasurer January 1 to 31, 1973 Receipts 1972 Payments to treasurer 1972 H._IGHWAY DEPART~M~T $360.00 $146.93 Receipts January 1 to 31, 1973 Payments to treasurer January 1 to 31, 1973 $20.10 $20,10 HEALTH DEPARTMENT Licenses and,,, Permit s Licenses and permits issued 1972 Payments to treasurer 1972 Licenses and permits issued January 1 to 31, 1973 Cash balance January 31, 1973, verified PlumbinEInspector Permits issued 1972 Payments to treasurer 1972 Permits issued January 1 to 31, 1973 Cash balance January 31, 1973, verified SEWER CONSTRUCTION AND MISCELLANEOUS Account~ R$c~iyable Outstanding January 1, 1972 .Charges $6,029.93 10,650.80 Payments to treasurer Abatements Audit adjustments December 31, 1972: Charges reported in excess Sewer construction and miscellaneous reported as water construction and miscellaneous Outstanding December 31, 1972 9,350.17 36.~5 1,762.56 55.08 5,476.47 Outstanding January 1, 1973 Audit adjustment January 31, 1973: Charges not reported Outstanding January 31, 1973, per list Cash balance January 31, 1973 $5,476.~.7 8 .oo 4,808.92 751.55 $2,100.50 $2. oo. $10lg. O0 $2,135o50 $1H8.oo $16,680.73 $5,560.47 ri ! I I I I I I ! ! ! I I I I I i I I COUNCIL ON AGING Petty Cash Advance Cash advance January 31, 1973 Cash on hand Jmnuary 31, ~973, verified VETERANS ' sERVICEB DEPARTMENT Accounts~Receivable Outstanding January 1, 1972 Charges Payments to treasurer Abatements Audit adjustment December 31, 1972: Charges reported in excess OutstandingDecember 31, 1972 Outstanding January 1, 1973 Charges January 1 to 31, 1973 Outstanding January 31, 1973, per list SCHOOL DEPARTMENT Accounts Receivable Charges 1972 Payments to treasurer Outstanding December 31, 1972 and January 31, 1973, per list Miscellaneous ReceiR~.s Receipts 1972 Payments to treasurer 1972 Receipts January I to 31, 1973 Payments to trsasurer January l, to~31, 1973 Cash balance January 31, 1973, verified $14,218.43 23,589.96 25,072,73 675. O0 286.86 12,173.80 $12,173.80 1,066.84 $518.57 820.60 $2,946.42 165.oo 27 $25. oo $38,208.39 ~38,208.39 $13,240.64 $1,339.17 $10,671.03 ~10.671.03 $3,111.42 SCHOOL DEPARTMENT Lunch Program Receipts 1972 Payments to treasurer 1972 Receipts January 1 to 31, '1973 Payments to treasurer January 1 to 31, 1973 $25, oo . 9 Re~ceipts 1972 Athletic Activities Payments to treasurer 1972 Receipts January 1 to 31, 1973 Payments to treasurer January 1 to 31, 1973 Petty C~sh Advance $6,375.23 Cash advance January 31, 1973 Cash on hand January 31, 1973: In office, verified Memoranda, per vouchers $69.45 30.55 $100.00 STEVENS MEMORIAL LIBRARY Receipts Receipts 1972 Payments to treasurer 1972 Receipts January 1 to 31, 1973 $1,232.95 $1.232.95 Payments to treasurer January I to 31, 1973 .Petty Cash Advance Cash advance January 31, 1973 $112.12 $10.00 Cash on hand January 31, 1973, verified WATER LIENS -. ~97i Outstanding January 1, 1972 Payments to treasurer 1972 Adjustment 1972: Water liens 1971 reported as real 'estate taxes 1971 $403.i2 .40 $!0. oo $ 47.52 29 Commitment per warrant WATER ,LIENS,, -,,1972 $2,497.18 Payments to treasurer Outstanding December 31, 1972 and January 31, 1973, per lfst $2,180.98 316.20 $2.h97.18 WATF~ DEPARTMENT Rates Outstanding January 1, 1972 Charge s Audit adjustment December 31, 1972: Charges not reported Overpayment s Payments to treasurer Transferred to water liens Outstanding December 31, 1972 $13,318.93 177,219.74 19,813.22 .96 193,17o. 73 1,630.98 15,551.1 $210,352.85 Outstanding January 1, 1973 Audit adjustment January 31, 1973: Charges not reported Overpayments to be refunded Unlocated difference January 31, 1973 Outstanding January 31, 1973, per list Cash balance January 31, 1973 $15,551.1 . 57,264.12 71.22 17.36 69,744.89 3,124 o 23 $72,886.~8 Water Construction and Mi~ce~la~epu~ - Accounts Rece. iyable Outstanding January 1, 1972 Charges Audit adjustment December 31, 1972=~ Sewer construction and miscellaneous reported as water construction and miscellaneous Payments to treasurer Transferred to water liens Audit adjustment: Charges reported in excess OutStanding December 31, 1972 Outstanding January 1, 1973 Audit adjustment January 31, 1973: Charges not reported Outstanding January 31, 1973, per list Cash balance January 31, 1973 $9,938.02 21,957.09 55.o8 19,037.24 866.20 5,325.10 6,721.65 $6,721.65 343.55 6,301.75 763.45 $31,950.19 $7,065.20 WATER DEPARTMENT Reconciliation of Cash Cash balances per tables, January 31, 1973: Water rates Water construction and miscellaneous Sewer construction and miscellaneous $3,124.23 763.45 751.55 Petty cash advance January 31, 1973 Cash on hand January 31, 1973: Arlington Trust Company, North Andover Cash in office, verified 639.23 5o. oo 4,512.23 177.OO Reconciliation .of Collec~qr?s Cash Arlington Trust Compa~ Nqr~h Andover Balance January 31, 1973, per statement Deposits in transit January 31, 1973, verified $2,023.11 2,489.12 Balance January 31, 1973, per check register $4,689.23 $4,512.23 On Hand January l, 1972 December 31, 1972 January 31, 1973 Income On Hand January l, 1972 December 31, 1972 January. 31, 1973 Income ADDIE C. ARMITAGE CHARITY FUND In Custody of Town .... Treasurer Savings Deposits $8,052.01 8,276.50 8,276.50 R~ceipts Payments Added to savings deposits January 1 to 3.1, 1973 No transactions recorded JOSEPH M. AND SUSAN F. STONE CHARITY FUND In Custody .o~ Town T~asurer Receipts Savings ~eposits $10,000.00 10,000.00 10,000.00 Payments Transferred, to town ~anuary 1 tq.,31, 1973 No transactions recorded Total $8,052.01 8,2~6.50 8,a76.50 Total $10,000.00 10,000.00 lO,O00eO0 On Hand January 1, 1972 December 31, 1972 January 31, 1973 Income Receip~t~. TAY~,,OR ,,CHARITY FUND In Custod~ of Town..Trea~.urer Savings Depqsi~.s $180.19 184.97 184.97 Payments 1972 Added to savings deposits January 1.to 31, 1973 No transactions recorded SARAH BARKF~ SCHOOL FUND In Custody q~'Town Treasurer On Hand January 1, 1972' December 31, 1972 January 31, 1973 Receipts Income 19,72 Savings Deposi. ts $2,264.16 2,324.38 2,324.38 Payments, Added to savings deposits .January 1 to 31, 197~ No transactions recorded 32 Total $180.19 184.97 184.97 Total $2,264.16 2,324.38 2,324.38 MOSES TOWNE SCHOOL FUND In Custody of.,T, own Treasurer On Hand January l, 1972 December 31, 1972 January 31, 1973 Savings Deposits $5 ,858.5o ,014.71 6,100.26 Rece. ipts Payments Income ~972 ~ Added to savings deposits Income January 1 to 31, 1973 $8~.$~ Added to savings deposits HERMAN KOBER CEMET, ERY PmPETUAL C. ARE,,FUND In Custody of Town Treasurer On Hand January 1, 1972 December 31, 1972 January 31, 1973 Receipts Income payable to the Ridgewood Cemetery Association Savings $100.00 100.00 100.00 Total $5, a58.50 , @14.71 ,!00.26 $156.21 Total $100.00 100.00 100.00 ~KATE H,..,.STEVENS OLD, ,BURYING GROUND, FUND In Custody.of Town Treasurer On Hand January l, 1972 December 31, 1972 January 31, 1973 R~ceipta Income 1972 Savings Depos it,s. $250.73 257.38 257.38 payments Added to savings deposits January 1 to 31, 1973 No transactions recorded STABILIZATION F~ND In Custody of ToMn,,Treagurer On Hand January 1, 1972 December 31, 1972 January 31, 1973 Recei. pts Income 1972 Savings Deposits $17,470.67 17,844.85 17,844.85 .Payments Added to savings deposits J_anuary 1 tO 31~, 1973 No transactions recorded Total z57 · 38 257.38 Total $17,470.67 17,_844.85 17,844.85 _CONSERVATION FUND I.n Custody ,of Town Trea.,s,,~rer On Hand January 1, 1972 December 31, 1972 January 31, 1973' ~eceipts Income Savings Deposits $?,o4o.82 7,398.79 7,398.79 P, aymen,,t s ~972 ~ Added to savings deposits January 1 to 31t 1973 No transactions recorded GEORGE W. AND RUTH E. BERRIAN MEMORIAL FUND In Custody of Library Trustees On Hand January 1, 1972 December 31, 1972 January 31, 1973 Total Receipts $7,040.82 7,398.79 7,398.79 Sale of securities Gain on sale of securities Securities Cash Book Value Total $24.71 $1,ooo.oo $1,o2~.71 81.96 1,151.18 1,233.14 20.12 1,151.18 1,171.30 P ayme nt s Purchase of securities Cash on hand December 31, 1972 1972 $177.l~3 151.18 3~ Income 57.25 Cash on hand January 1, 1972. 24.71 $klOo~7 January .1 .to 31, 1973 Income $8,30 Expenditures Cash on hand January 1, 1973 81,96 Cash on hand January 31, 1973 $328.61 81.96 $7o.1~ 20.12 36 ANNE BR~STREET LIBRARY FUND InCustod~ of. Library Trustees On Hand January 1, 1972 December 31, 1972 January 31, 1973 Receipts Sale of securities Gain on sale of securities Income Cash on hand January 1, 1972 Cash $373.49 422.57 3 .55 197. $256.30 218.36 82.70 _373.4~9 Securities Book Value $1,500.00 1,718.36 1,718.36 ,~ayment~ Purchase of securities Expenditures Cash on hand December 31, 1972 Income Cash on hand January 1, 1973 January ,l_to ~1~ 197~ $11.98 Cash on hand January 31, 1973 Total $1,873.49. 2,140. 93 2,152.91 $474.66 33.62 422.57 $434.55 CHARLES WHITNEY DAVIS LIBRARY FUND In Custody of Library T.rustees on Hand Cash Securities Book Value January 1, 1972 December 31, 1972 January 31, 1973 $97.12 167.66 91.32 $11,397.00 13,059.93 13,059.93 Receipts ~ayments Sale of securities Gain on sale of securities Income Cash on hand January 1, 1972 $1,951;78 1,662693 629.70 Purchase of securities Expenditures Cash on hand December 31, 1972 Income Cash on hand January 1, 1973 January 1 to 31, 1973 $91.27 167.66' Expenditures Cash on baud January 31, 1973 37 Total $11,494-12 13,227.59 13,151.25 $3,614.71 559.16 167.66 $167.61 PHILLIPS LIBRARY FUND ,In Custody of Library Trustees On Hand January 1, 1972 December 31, 1972 January 31, 1973 Cash Securities Book Value Total Receipts $161.89 212.14. 33.27 $2,55o.oo 2,91'9.54 $2,711.89 3,131.68 2,952.81 Sale of securities ~$433.73 Gain on sale of securities 369.54 Income 229.62 Cash on hand January 1, 1972 161.89 Purchase of securities $803.27 Expenditures 179.37 Cash on hand December 31, 1972 212.14 January ! to 31, 1973 Income Cash on hand January 1, 1973 $20.28 Expenditures $199.15 Cash on hand January 31, 1973 33.27 DALE STEVENS CHILDREN'S BOOK FUND In Custody of Library Trustees On Hand C ash Securities Book Value January 1, 1972 December 31, 1972 January 31, 1973 $86.91 338.oh 161,98 $13,500.00 15,465.28 15, 65.28 R~.qeipts .p_ayments Total $13,586.91 15,803.32 15,627.26 Sale of securities Gain on sale of securities Income Cash on hand January 1, 1972 1.97R $2,306 ~ 65 1,965. 28 7 d .16 86.91 103. O0 Purchase of securities Expenditures Cash on hand December 31, 1972 $4,271.93 493.03 338.04 Inc oma Cash on hand January 1, 1973 January 1 to 31, 1973 $107,87 Expenditures 338.04 Cash on hand January 31, 1973 ELIZABETH P. STEVENS FUND In..Custody of Library .Trustees On Hand JanUary 1, 1972 December 31, 1972 January 31, 1973 Cash $84.18 117. .3 204.09 Securities Book Value $10,827.21 12,h06.15 12,406.15 Receipts .~alments .1.972 Sale of securities $1,853.21 Gain on sale of securities 1,578.94 Inc oma 599.90 Cash on h~and January 1, 1972 84.18 Purchase of securities Expenditures Cash on hand December 31, 1972 $283.93 161.98 Total $10,911.39 12,523.58 12,610.24 $3,432.15 566.65 117.43 January 1 to 31, ~97~ Income Cash on hand January 1, 1973 $86.66 117.43 Cash on hand January 31, 1973 $204.09 On Hand January 1, 1972 December 31, 1972 January 31, 1973 Receipts MOSES T. STEVENS FUND .In Custody of~Library Trustees Securities Cash Book Value Total $85.64 Sic,coo.co $1o,o85.64 325.57 11,4.61.35 11,786.92 84.12 11,461.35 11,545-47 Payment s 39 1972 Sale of securities $1,715.21 Gain on sale of securities 1,461.35 Income 553.36 Cash on hand January 1, 1972. 85~.~64 Purchase of securities Expenditures Cash on hand December 31, 1972 $3,176.56 313-43 3 5.57 January 1 to_31, 1973 Income Cash on hand January 1, 1973 $80,21 325-57 Expenditures $321 · 66 Cash on hand January 31, 1973 ~ NATHAN!EL AND ELIZABETH P. STEVENS .F~ On Hand ' January 1, 1972 December 31, 1972 January 31, 1973 Re~ceipts Sale of securities Gain on sale of securities Income Cash on hand January 1, 1972 In Custody of Library Trustees Cash $2,678.50 2,2~!l!. 42 2,434.61 Securities Book Value $25,000o00 28,64~1 · 99 28,644.99 Payment~ $4,278.16 3,6J!}~.99 1,403.70 2,678.50 Purchase of securities Expenditures Cash on hand December 31, 1972 Total $27,678.50 30,889.41 31,079.60 $7,923 o 15 1,837.78 2,2;!4.42 Income Cash on hand January 1, 1973 January 1 to 31, 197~ $214.19 2,2 .42 Expenditures Cash on hand January 31, 1973 $24.00 2,.434~61 ABBOTT STEVENS FUND In Qus~ody of Library Trustees On Hand Cash Securities Bp0k Value January 1, 1972 December 31, 1972 January 31, 1973 $ 5.72 1,438.85 992.15 $25,000.00 28,645.00 28,645.00 Payments Sale of securities Gain on sale of securities Income Cash on hand January 1, 1972 $4,278.15 3,645.00 1,380.22 44 .72 Purchase of securities Expenditures Cash on hand December 31, 1972 January.! to ~%, 1973 Income Cash on hand January 1, 1973 $200.06 1,438.85 $1,63~,9! Expenditures Cash on hand January 31, 1973 MARY 0. TyLEr, LIBR .ARY FUND In Custody of..Librar2 Trustee.s On Hand Cash Securities Book Value January 1, 1972 December 31, 1972 January 31, 1973 $106.23 284. 384.93 $12,500.00 14,330.89 14,330.89 Receipts Pa. yment.s. Sale of securities Gain on sale of securities nc ome I Cash on hand January 1, 1972 Income Cash on hand January 1, 1973 $2,148 94 1,830~89 693.31 106.23 Purchase of securities Expenditures Cash on hand December 31, 1972 January 1 to 31, 1973 $100.49 Cash on hand January 31, 1973 40 Total $25,4 5.72 30,083.85 29,637.15 $7,923.15 387.09 1,438.85 $646 °76 Total $12,606.23 14,615.33 14,715.82 $3,979.83 515.1o 284. $384.93 On\ Hand January 1, 1972 December 31, 1972 January 31, 1973 Receipts SPEC IAL GIFT FU~D In Custody of, Library Trustees Cash $735,60 1,862.90 1,968.97 Securities Book Value $1,825.00 2,093.76 2,093.76 payments Sale of securities Gain on sale of securities Gifts Income Cash on hand January 1, 1972 26 8.96 2,129.53 110.70 735.60 $3.~6b. o3. Purchase of securities Expenditures Cash on hand December 31, 1972 Gifts Income Cash on hand January, l, 1973 January !,to 31, 1973 $180.00 19;75 Expenditures Cash on hand January 31, 1973 Total $2,560.60 3,956.66 4,062.73 $584.20 1,112.93 1,862.90 $93.68 1,968.97 REC 0N~ IL IAT I0N ..OF, ,. ,LIBRARY TRUSTEES ' CASH Ca~h balances Januar 31, 1973, per tables: ~eorge W. and Ruth Berrian Memorial Fund Anne Bradstreet Library Fund , ~ Charles Whitney Davis Library Fund Phillips Library Fund Dale Stevens Children's Book Fund. Elizabeth P. Stevens Fund Moses T. Stevens Fund Nathaniel and Elizabeth P. Stevens Fund Abbott Stevens Fund Mary O. Tyler Library ~und Special Gift Fund Cash on hand January 31, 1973: Merrimack Valley National Bank, per statement and check book $20o12 434.55 91.32 33.27 161.98 204.09 84o12· 2,434.61 992.15 384.93 1,968.97 42 $6,810.11 $6,810.11 TOWN OF NORTH ANDOVER Balance Sheet - December 31~ 1.972 GENF~AL ACC OUNTS Assets Cash: General Special Cash: Revenue Sharing $2,411,601.84 161,157.00 Accounts Receivable: Taxes: Levy of 1970:. Personal Property Levy of 1971: Personal Property Levy of 1972: Personal Property Real Estate 120.75 2o4.oo l, 224.85 74, 781.06 Motor Vehicle Excise: Levy of 1970 Levy of 1971 Levy of 1972 284.41 15,438.91 70,519.79 Spec iai Assessments: Sewer: Unapp or t i one d Added to Taxes: Levy of 1972- Wat er ~ Unapportioned Added to Taxes: Levy of 1972 Committed Interest: Sewer: Levy of 1972 Water: Levy of 1972 26,334.92 155.1o 3 93 · o0 84 5. co 16.82 311.40 $2,572,758.84 76,330.66 86,243.11 28,056.24 Liabilities and ReServes Payroll Deductions: Federal Taxes State Taxes County Retirement School Employees' Annuities Credit Union $~,870.50 16,084.31 7,630.97 56b.oo 210.00 Overpayments - to be Refunded: Real Estate Taxes: Levy of 1971 $29,355..78 377.05 Tailings: Unclaimed Checks 399.00 Trust Fund Income: Stone Charity Fund Taylor Charity Fund Federal Grants: School Aid: Public Law ~81-874 Public Law #85-864 Public Law #88-210 Public Law $89-10 Revenue Sharing: Public Law #92-512 Revolving Funds: School Lunch School Athletics 7,116.67 78.00 72,070.29 2,120.30 31.15 2,114.38 16,157.00 31,291.52 6,115.21 7,194.67 237,493.12 37,406.73 Accounts Receivable: (Cont.) SpeciaI Taxes: Taxes in Litigation Tax Titles and Possessions: Tax Titles 8,867.21 Tax Possessions 5,587.74 Departmental: Sewer Veterans' Services School 12,173 82O.6O Water: Liens Added to Taxes: Levy of 1972 Rates Construction Miscellaneous 316.20 15,551.1 6,721 · 65 Aid to Highways: State County 26,589.53 12,794.76 Loans Authorized: School Const=uction School Land 250,000.00 100,000.00 Unprovided For or Overdrawn Accounts: Underestimates 1972: County Tax 9,083.29 Court Judgments 57,.148.09 GENERAL ACCOUNTS (CONT.) 2,111.82 14, 54.95 Appropriation Balances: Revenue: General Water Non-R e venue: School Land New High School Water Mains 202,229.61 8,108.92 29,492.92 ~1,652,465.42 22,825.79 18,470.87 Loans Authorized and Unissued Underestimates 1972: State: Recreation Areas Air Pollution Control Ipswich River 5,8 o. o 3.07 1,511.16 22,588.99 39,384-29 350,000.00 66,231.38 Sale of Real Estate Fund Reserve Fund - Overlay Surplus Overlays Reserved for Abatements: Levy of 1972 Revenue Reserved Until Collected: Motor Vehicle Excise Special Assessment Tax Title and Possession Departmental Water Aid to Highway 86,243.11 28,056.24 14, 5h.95 18~470.87 22,588.99 39,384.29 Surplus Revenue 1,915,122.66 350,000.00 7,35~.63 4,4~8.37 838.97 1,2.67.30 209,198.45 . 476,!64.42 .6 Apportioned Assessments Not Due: Sewer $32,589.~3 Street 1,895.70 Water 25,188.90 Suspended Assessments: Sewer water 810.00 9,558.oo DEFERRED REVEillE ACCOUNTS Apportioned Sewer Assessment Revenue: Due in 1973 to 1982, inc lust ve $59,674°03 Apportioned Street Assessment Revenue: Due in 1973 to 1977, inclusive 10,368.00 Apportioned Water Assessment Revenue; Due in 1973 to 1988, inclusive Suspended Sewer Revenue Suspended Water Revenue $32,589.43 1,895.70 25, ! 88.9o 810.00 9,558.oo 10 ~ 368. O0 DEBT ACCOUNTS Net Funded. or Fixed Debt: Inside Debt Limit: General Outside Debt Limit: General Public Service Ent erpr is e $7,730,400.00 465,600.00 $503,000.00 8,196,000.00 .699. 000.00 Serial Loans: Inside Debt Limit: General: Police Fire Highway Sewer School Outside Debt Limit: General: School Public Service Ent erprise: Water $57,000.00 148,000.00 10,000.00 188,000.00 100,000.00 7,730,400.00 465,600.00 $503,000.00 8,196t000.00 ~.699~000,00 TRUST AND INVESTmeNT ACCOUNTS Trust and Investment Funds: Cash and Securities: In Custody of Treasurer In Custody of Library Trustees $52,4Ol.58 139,392.~1 In Custody of Treasurer: Welfare Funds: Addie S. Armitage Joseph M. aud Susan F. Stone T aytor School Funds: Sarah Barker Moses Towne Cemetery Funds: Herman Kober Perpetual C are Kate H. Stevens Old Burying Grounds Investment Funds: Stabilization Cons er vat i on In Custody of Library Trustees: Library Funds: George W.~ and Ruth E. Berrian Memorial Anne Bradstreet Charles k~hit ney Davis Phillips Dale Stevens Children's Book Elizabeth P. Stevens Moses T. Stevens Nathaniel and Elizabeth P. Stevens Abbott Stevens Mary O. Tyler Special Gifts $8,276.50 !0,000.00 184.97 2,324.38 6,014.71 lO0.00 257.38 17,8~9~'85 7,39 .79 1,233.14 2,140.93 13,227o59 3,131.68 15,803.32 la,523.58 11,786.92 30,889.41 30,083.85 14,615.33 3,956.66 $52,4Ol.58 139,392.41