HomeMy WebLinkAboutAUDIT 12-31-1964 D ~
Form A~. 2m sets~(2).l-64-936999
THE
TOWN CLERK
NO. ANDOVEF~ MA~j.
DEPARTMENT OF CORPORATIONS
AND TAXATION
BUREAU OF ACCOUNTS
REPORT OF AN AUDIT
of
THE ACCOUNTS OF
TOWN OF NORTH ANDOVER
FOR THE YEAR ENDING DECEMBER 31,. 196h
Made in Accordance with the Provisions of
Chapter 4/~, General Laws
Ju~e 8,-t96'5
GuY J. Rizzo.rl.O
COMMISSIONER
A.'r.u.H. M^cK,,,,.o.
To the Board of Selectmen
Mr. Raymond Broadhead, Chairman
North Andover, Massachusetts
June 8, 1965
MAll. ADDRESS;
P. O. BOX 201'7
BOSTON $, MASS.
Gentlemen:
I submit herewith my report of an audit of the books
and accounts of the town of North Andover for the year ending
December 31, 196~, made in accordance with the provisions of
Chapter }!J!, General Laws. This is in the form of a report made
to me by Mr. William Schwartz, Assistant Chief of Bureau.
Very truly yours,
AHM:csg
Director of Accounts
Mr. Arthur H. MacKinnon
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 year ending December 31,
196~, and submit the following report thereon:
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, the payments, as entered, were checked
with the treasurer's books and with the treasury warrants, while the
appropriations and transfers were checked with the town clerk's records
of financial votes passed by the town meeting 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, 1964 was
prepared and is appended to this report.
The books and accounts of the town treasurer were examined and
checked in detail. The receipts, as recorded, were analyzed and verified
b~ comparison with the records in the several departments collecting money
for the town, with other sources from which the town 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 February
1965 was verified by reconciliation of the bank balances with statements
furnished by the banks of deposit, by inspection of the savings bank
books, 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, 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 the library funds were 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 on 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.
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 with 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 works department were
examined. The records of water and sewer charges were examined and
checked. The recorded collections 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 t'axes 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 February 13, 1965 was proved by actual count of the
cash in the office.
The surety bonds of all 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 infirmary, and the inspectors of buildings,
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 February 13, 1965 was proved by reconciliation of the
bank balance with a statement furnished by the bank of deposit.
Appended to this report, in addition to the balance sheet, are
tables showing a reconciliation of the treasurer's and the 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 from
all officials of the town, for which, on behalf of my assistants and for
myself, I wish to express appreciation.
WS :csg
Respectfully submitted,
Assistant Ch~~
RECONCILIATION OF TREASURER'S CASH
Balance January l, 1964,
Receipts,
$701,998.63
3,649,818.67
Payments,
Balance December 31, 1964,
$3,91o,362.44
l,J~, 1,454.86
Balance January 1, 1965,
Receipts January 1 to February 13, 1965,
Payments January 1 to February 13, 1965,
Balance February 13, 1965,
$238,600.16
311,303.11
Balance February 13, 1965,
Cash on hand February 13, 1965:
In banks:
Bay State Merchants National Bank,
Lawrence:
General,
Water mains,
Boston Safe Deposit and Trust
Company,
Arlington Trust Company,
Lawrence:
General,
School,
Merrimack Valley National Bank,
State Street Bank and Trust
Company, Boston,
Community Savings Bank, Lawrence,
Book No. 27346,
Merrimack Valley National Bank:
Book No. 4005042,
Book No. 4005043,
In office, verified,
$1,783.60
13,855.8k*
41,660.27'
100,093.04'
24,773.56*
75,342.37*
40,886.00*
5,927.5o
279.67
1,913.68
$3o6,515.53
4,787.58
*Per bank statement and check register.
Ba~S~a~e Merch~a~ts National Bankt Lawrence
General Account
Balance February 13, 1965, per statement,
Balance February 13, 1965, per check
register,
Outstanding checks February i3, 1965,
per list,
$1,783.60
29,627.46
$4,351,817.30
$549,903.27
$311,303.11
$31,411.06
RECONCILIATION OF BOND AND COUPON ACCOUNT
State Street Bank and T~ust Company, ~Boston
Balance February 13, 1965, per statement,
Outstanding coupons February 13, 1965,
per list,
NORTH ANDOVER AND BOXFORD DISTRICT
Department of v~terans' Services
Reconciliation of District Treasurer's Cash
Balance January 1, 1964,
Receipts:
Town of North Andover,
Town of Boxford,
Payroll deductions:
County retirement system,
$1,105.00
155.oo
60.00
$34.22
1,320.00
Payments:
Director's salary,
Telephone,
Office expense,
Treasurer's bond,
County retiremen~ system,
Balance December 31, 1964,
$1,200.00
48.8o
9.00
2.5o
60.00
$1,320.30
33.92°
Balance January 1, 1965,
Receipts January 1 to February 13,
1965:
Town of North Andover,
Payroll deductions:
County retirement system,
$1,088.26
5.00
$33.92
1,093.26
Payments January 1 to February 13,
1965:
Director's salary,
County retirement system,
Balance February 13, 1965:
Bay State Merchants National Bank,
per statement and check register,
$100.00
5.00
$1.o5. oo
1,022.18
$871.00
$1,354.22
$1,127.18
Balance January l, 1964,
Deductions,
~AYROLL DEDUCTI0~S
Federal Taxes
Payments to Director of Internal Revenue,
Balance December 31, 1964,
Balance January 1, 1965,
Deductions January 1 to February 13, 1965,
Payments to Director of Internal Revenue
January 1 to February 13, 1965,
Balance February 13, 1965, per list,
Balance January 1, 1964,
Deductions,
State Taxes
Payments:
State,
Commission to town,
Balance December 31, 1964,
$21,457.55
132.67
Balance January l, 1965,
Deductions January 1 to February 13, 1965,
Payments January 1 to February 13, 1965:
To State, $3,548.42
Commission to town, 21.35
Balance February 13, 1965, per list,
County Retirement System
Deductions 1964,
Payments to county treasurer 1964,
Deductions January I to February 13, 1965,
Payments to county treasurer January i to
February 13, 1965,
Balance February 13, 1965, per list,
$18,474.31
162,789.91
$164,607.85
16,656.37
$16,656.37
14,552.15
$28,74 9.18
2,459.34
,671.76
,990.79
$21,590.22
2,072.33
$2,072.33
1,783.52
$3,569.77
286.08
$2,260.27
1,057.11
$181,264.22
$31,208.52
$23,662.55
$23.662.
$3,855.85
$32,832.68
$3,317.38
$ 3. 317. $8
PAYROLL DEDUCTIONS
Massachusetts Teachers' Retirement System
Deductions 1964,
Payments to Massachusetts Teachers'
Retirement Board 1964,
Blue Cross and Blue Shield deduction
reported as Massachusetts teachers'
retirement system deduction 1964,
$31,858.77
31.52
Deductions January 1 to February 13, 1965,
Payments to Massachusetts Teachers'
Retirement Board January 1 to
February 13, 1965,
Blue Cross and Blue Shield
Deductions 1964,
Blue Cross and Blue Shield deduction
reported as Massachusetts teachers'
retirement system deduction 1964,
$22,561.93
31.52
Payments to Massachusetts Hospital
Services, Inc.,
Balance December 31, 1964,
$22,455.°5
138.4o
Balance January 1, 1965,
Deductions January 1 to February 13, 1965,
1,928
Payments to Massachusetts Hospital
Services, Inc., January 1 to
February 13, 1965,
Balance February 13, 1965, per list,
$1,948.04
69.20
$31,890.29
~1.890.29
$2,759.24
$22,593.45
$2,067.24
~2~. 067.2~
PAYROLL DEDUCTIONS
Deductions 1964,
.Gr ou.p Insurance
Payments to Prudential Life Insurance
Company 1964,
Balance December 31, 1964,
Balance January l, 1965,
Deductions January i to February 13, 1965,
Payments to Prudential Life Insurance
Company January I to February 13, 1965,
Balance February 13, 1965, per list,
Deductions 1964,
United Fund of Greater Lawrence
Payments to United Fund of Greater
Lawrence 1964,
Deductions January I to February 13, 1965,
Payments to United Fund of Greater
Lawrence January i to February 13, 1965,
Balance February 13, 1965, per list,
TAX COLLECTOR
Petty Cash Advance
Cash advance February 13, 1965,
Cash on hand February '13, 1965,
$4,735.94
25.06
$25.06
399.85
$412.38
12.53
$9.14
2.96
$4,761.00
$4,_761.0Q
$424.91
$109.09
$109.o9
$12.1o
$12.10
$100.00
REAL ESTATE TAXES - 1961
Chapter 60, Section 9~t...General Laws
Outstanding January l, 1964,
Payments to treasurer 1964,
POLL TAXES - 1962
Outstanding January 1, 1964,
Payments to treasurer 1964,
Abatements 1964,
$108.00
66. O0
PERSONAL PROPERTY T.AXES r 196~
Outstanding January 1, 1964,
Payments to treasurer 1964,
I REAL ESTATE TAXES - 1963
Outstanding January 1, 1964,
Refunds,
Audit adjustment:
Overpayments to collector,
$33,405.48
774.03
.2o
Payments to treasurer 1964,
Abatements 1964,
Transferred to tax titles 1964,
PERSONAL PROPERTY TAXES - 19.64
Commitments per warrant,
$32,859.86
762.30
557.55
Payments to treasurer,
Abatements,
Outstanding December 31, 1964,
Outstanding~ January l, 1965,
$86,721.60
35.oo
888.3o
Payments to treasurer January I to
February 13, 1965,
Outstanding February 13, 1965, per list,
$569.80
318.50
$445.8o
$1,~1 ~ ~. 8o
$174.00
$806.40
$34,179.71
$~h.179.71
$87,644.90
$87.61!1! .90
$888.30
$888.30
I
I
I
I
I
I
~i~ W.S?AT~. TAX~S - 1964
Commitment per warrant,
Additional commitment,
Refunds,
Refunds of real estate taxes 1964
recorded as motor vehic~le and
trailer excise 1964,
$1,601,682.95
2,462.60
5,498.41
286.3O
Payments to treasurer,
Abatements,
Transferred to tax titles,
Outstanding December 31, 1964,
$1,503,370,61
66,359.37
861.70
39,338.58
Outstanding January 1, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Outstanding February 13, 1965, per list,
$4,104.26
35,234.32
MOTOR VEHICLE AND TRAILER EXCISE -.1962
Abatements rescinded 1964,
Payments to treasurer 1964,
MO.TO.R VEHICLE A.N,.D TRAILER. EXCISE - 1963
Outstanding January 1, 1964,
Commitment 1964, per warrants,
Refunds 1964,
Audit adjustment:
Overpayment to collector,
$40,657.85
27,538.53
2,194.o5
.10
Payments to treasurer 1964,
Abatements 1964,
$58,956.93
11,433.60
$1,609,930.26
,r609'9t0'26
$39,338.58
$74.25
$70,390.53
MOTOR VEHI.C.L.E AND TRAILER. EXCISE - 1964
Commitment per warrants,
Refunds,
Abatements reported in error,
$266,581.17
5,043.82
7.00
Payments to treasurer,
Abatements,
Refund of real estate taxes 1964
recorded as motor vehicle and
trailer excise 1964,
Outstanding December 31, 1964,
$222,611.47
19,985.07
286.30
28,749.15
Outstanding January 1, 1965,
Commitment January 1 to February 13, 1965,
per warrants,
Refunds January i to February 13, 1965,
Overpayments to be refunded
February 13, 1965,
$28,749.15
5,122.82
1,100.96
293.38
Payments to treasurer January 1 to
February 13, 1965,
Abatements January 1 to February 13, 1965,
Outstanding February.13, 1965, per list,
$16,773.17
3,961.25
14,531.89
Outstanding January 1, 1964,
Payments to treasurer 1964,
~ARM ANIMAL EXCISE - 1964
Commitment per warrant,
Payments to treasurer,
Outstanding December 31, 1964,
$346.72
29.25
Outstanding January 1, 1965,
Payments to treasurer January i to
February 13, 1965,
$271,631.99
~271.6 tl. 99
$35,266.31
$6.75
~6.7 ~
$375.97
~ ~J7~g. 97
$29.25
$29.2
UNAPPORTIONED SEWER ASSESSMENTS
Outstanding January 1, 1964,
Commitment per warrant,
$24,513.06
737.06
Payments to treasurer,
Apportionments,
Outstanding December 31, 1964 and
February 13, 1965, per list,
$3,683.84
226.48
21,339.80
SEWER ASSESSM~,,NT$' ,, 196~
Outstanding January l, 1964,
Payments to treasurer 1964,
Transferred to tax titles 1964,
$195.oo
30.00
S.EWER ~,.ASSESSM~.NTS - 1964
Commitment per warrant,
Payments to treasurer,
Transferred to tax titles,
Outstanding December 31, 1964,
$10,126.12
3o.oo
264.70
Outstanding January 1, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Outstanding February 13, 1965, per list,
187.80
APPORTIONED SEWER ASSESSMENTS - NOT DUE
Balance January 1, 1964,
Apportionments,
$66,213.22
226.48
Payments to treasurer in advance,
Added to taxes 1964,
Balance December 31, 1964 and
February 13, 1965:
Due in 1965 to 1974, inclusive,
$1,671.00
10,420.52
54,348.18
STREET ASSESS,MENT$ - 196~
Commitment per warrant,
Payments to treasurer 1964,
$25,250.12
$225.00
$10,420.82
$264.7o,
$66,439.70
~66'.h'~9.70
$1,158.54
APPORTIONED STREET ASSESSMENTS - NOT DUE
Balance January l, 1964,
Payments to treasurer in advance,
Added to taxes 1964,
Balance December 31, 1964 and
February 13, 1965:
Due in 1965 and 1966,
$506 · 30
1,158.54
2,198.98
$3,863.82
COMMITTED SEWER INTEREST - 1963
Outstanding January 1, 1964,
Payments to treasurer 1964,
Transferred to tax titles 1964,
COMMITTED SEWER ~NTERES~ - 1964
Commitment per warrant,
Payments to treasurer,
Transferred to tax titles,
Outstanding December 31, 1964,
Outstanding January 1, 1965,
$55.36
lO.8O
$2,497.56
9.60
75.77
$66.16
$2,582.93
$75.77
Payments to treasurer January 1 to
February 13, 1965,
Outstanding ~ebruary 13, 1965, per list,
COMMITTED STREET INTEREST - 1964
Commitment 1964, per warrant,
Payments to treasurer 1964,
INTEREST .ON TAXES AND.EXCISE
Collections 1964,
Payments to treasurer 1964,
Collections January 1 to February 13, 1965,
Payments to treasurer January 1 to February 13, 1965,
$18.46
57.31
$_7~{. 77
$154.27
$1,639.48
$98.55
MUNICIPAL LIENS
Cash balance January l, 1964,
Collections,
Payments to treasurer 1964,
Collections January i to February 13, 1965,
Payments to treasurer January i to
February 13, 1965,
TAX TITLES
Balance January 1, 1964,
Transferred to tax titles:
Taxes 1963,
Taxes 1964,
Sewer assessments 1963,
Sewer assessments 1964,
Committed sewer interest 1963,
Committed sewer interest 1964,
Interest and costs,
$557.55
861.7o
30.oo
3o.oo
10.80
9.60
11o.75
Tax titles redeemed,
Balance December 31, 1964,
Balance January 1, 1965,
Tax titles redeemed January 1 to
February 13, 1965,
Balance February 13, 1965, per list,
TAX POSSESSIONS
Balance January l, 1964,
Balance December 31, 1964 and
February 13, 1965, per list,
.00
$2,667.71
1,610.40
$1 390.29
2~887.82
$868.31
2,019.51
$486.00
· $63.00
$4,278.11
$2,887.82
$5,689.31
Licenses issued 1964,
Payments to treasurer 1964,
Fees retained 1964,
TOWN CLERK
Dog Licenses
Licenses issued January 1 to
February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Fees retained January 1 to
February 13, 1965,
Cash balance February 13, 1965,
Sporting Licenses
Cash balance January 1, 1964,
Licenses issued,
Payments to Division of Fisheries-
and Game,
Fees retained,
C~sh balance December 31, 1964,
Cash balance January 1, 1965,
Licenses issued January 1 to
February 13, 1965,
Payments to Division of Fisheries and
Game January 1 to February 13, 1965,
Fees retained January 1 to
February 13, 1965,
Cash balance February 13, 1965,
Mi. scellaneo~s. Receipts
Receipts 1964,
Payments to treasurer 1964,
Receipts January 1 to February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Cash balance February 13, 1965,
$1,237.00
136.00
$1o.5o
1.50
2.00
$24.00
2,762 · 30
$2,565.5o
156.80
64. oo
$64.00
498.00
$493.00
21.25
47.75
$72.50
59. O0
$1,373.00
$~4.oo
$2,786.30
$562.00
$1,427.75
$131.50
TO~N CL~K
Reconciliation of Cash
Cash balances February 13, 1965, per tables:
Dog licenses,
Sporting licenses,
Miscellaneous receipts,
Cash overage February 13, 1965,
Cash on hand February 13, 1965, verified,
SELECTMEN' S DEPARTMENT
Licenses and permits issued 1964,
Payments to treasurer 1964,
Licenses and permits issued
January 1 to February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Cash on hand February 13, 1965, verified,
FIRE DEPARTMENT
Accounts Receivable
Outstanding January 1, 1964,
Charges,
Audit adjustment:
Charges adjusted in error,
Payments to treasurer,
Charges recorded in error,
Outstanding December 31, 1964,
Outstanding January 1, 1965,
Charges January 1 to February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Outstanding February 13, 1965, per list,
$2.00
47.75
59.00
14.90
$47.00
16.00
$273.04
15o.oo
10.00
$60.00
10.00
363.04
$363.0~
20.00
$10.00
373 .O4
$123.65
$12~.6~
$6,698.60
$63.00
~6~00
$433.04
$383.04
Permits issued 1964,
BUILDING INSPECTOR
Payments to treasurer 1964,
Permits issued January 1 to
February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Cash balance February 13, 1965,
WIRE INSPECTOR
Permits issued 1964,
Payments to treasurer 1964,
Permits issued January 1 to
February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Cash balance February 13, 1965,
GAS INSPECTOR
Permits issued 1964,
Payments to treasurer 1964,
Permits issued January 1 to
February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Cash balance February 13, 1965,
Receipts 1964,
SEALER OF WEIGHTB AND MEASURES
Payments to treasurer 1964,
Cash balance December 31, 1964,
Cash balance January 1, 1965,
Payments to treasurer January 1 to
February 13, 1965,
$1o9.5o
23.oo
$38.oo
26.00
$23.00
9.00
$169.00
17.30
$3,617 · 75
$132.50
$132. ~0
$629.O0
$64.oo
$301.00
$301.00
$32.00
$ 32.00
$186.30
$17.30
ASSESSORS' DEPARTMENT
Miscellaneous Receipts
Receipts 1964:
Sale of maps,
Payments to treasurer 1964,
Receipts January 1 to February 13, 1965:
Sale of maps,
Payments to treasurer January 1 to
February 13, 1965,
$55.oo
$14.oo
TREE DEPARTMENT
Accounts Receivable
Outstanding January 1, 1964,
Charges,
Payments to treasurer,
Outstanding December 31, 1964 and
February 13, 1965, per list,
HEALTH DEPARTMENT
Accounts Receivable
Outstanding January 1, 1964,
Charges 1964,
Payments to treasurer 1964,
Abatements 1964,
Licenses and Permits
Licenses and permits issued 1964,
Payments to treasurer 1964,
Licenses and permits issued
January 1 to February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Cash balance February 13, 1965,
$19.00
6.00
$6.0O
19.00
$568.50
ll!;~ .00
$1 4.oo
568.5o
$31.50
1.00
$25.00
$712.50
$1,028.50
$32.50
PLUMBING INSPECTOR
Permits issued 1964,
Payments to treasurer 1964,
Permits issued January 1 to
February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Cash balance February 13, 1965,
SEWER CONSTRUCTION AND MISC~LA~0US
Accounts Receivable
Outstanding January 1, 1964,
Charges,
Audit adjustment December 31, 1964:
Charges not reported,
Payments to treasurer,
Abatements,
Audit adjustment December 31, 1964:
Sewer construction and miscellaneous
accounts receivable reported as
water construction and miscellaneous
accounts receivable,
Outstanding December 31, 1964,
Outstanding January 1, 1965,
Charges January 1 to February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Audit adjustment February 13, 1965:
Sewer construction andmiscellaneous
accounts receivable reported as
water construction and miscellaneous
accounts receivable,
Outstanding February 13, 1965, per list,
Cash balance February 13, 1965,
$94.00
31.00
$1,213.46
7,494.18
253.39
$8,636.69
35.55
8.?0
280.09
$280.09
139.55
$176.30
16.55
174.59
52.2o
$794.00
~$~79~ .00
$125.oo
$8,961.03
$419.64
PUBLIC WELFARE DEPARTMENT
Infirmary Receipts
Receipts 1964,
Payments to treasurer 1964,
Receipts January i to February 13, 1965,
Payments to treasurer January i to February 13, 1965,
General Relief .- A~coun~s Receivable
Outstanding January 1, 1964,
Charges,
$1,300.00
2,127.03
Payments to treasurer,
Outstanding December 31, 1964 and
February 13, 1965, per list,
$2,127.03
1,300.00
Disability Assis.tance - Accounts Req~ivable
Charges 1964,
Payments to treasurer 1964,
Charges January 1 to February 13, 1965,
Payments to treasurer January 1 to February 13, 1965,
Aid to'Dependent Chi. ldren -, ~ccounts Receivable
Outstanding January 1, 1964,
Charges,
$2,290.79
9,732-97
Payments to treasurer,
Outstanding December 31, 1964,
$9,538.58
2,485.18
Outstanding January 1, 1965,
Charges January 1 to February 13, 1965,
$2,485.18
1,414
Outstanding February 13, 1965, per list,
$3,138.46
$3,427.03
$t ~427.Ot
$4,149.30
$576.18
$12,023.76
~12~02t.76
$3,899.62
BUREAU OF OLD AGE ASSISTANCE
0~d Age As~.~stance - Accounts. Receivable
Charges 1964,
Payments to treasurer 1964,
Abatements 1964,
$20,156.81
18.00
Charges January 1 to February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Outstanding February 13, 1965, per list,
$802.72
650.53
Medical. Assist~nc.e for the Aged - Accounts Receivable
Charges 1964,
Payments to treasurer 1964,
Charges January 1 to February 13, 1965,
Payments to treasurer January 1 to February 13, 1965,
VETERANS' SERVICES DEPARTMENT
Accounts Receivable
Outstanding January 1, 1964,~
Charges,
$8,568.34
9,407.87
Payments to treasurer,
Disallowances,
Outstanding December 31, 1964,
$9,667.39
1.50
8,307 · 32
Outstanding January 1, 1965,
Charges January 1 to February 13, 1965,
$8,307.32
861.33
Outstanding February 13, 1965, per list,
23
$20,174.81
$1,453.25
$24,078.40
$4,143.81
$17,976.21
$9,168.65
SCHOOL DEPARTMENT
Accounts Receivable
Charges 1964,
Payments to treasurer 1964,
Miscellaneous Receipts
Receipts 1964,
Payments to treasurer 1964,
Receipts January i to February 13, 1965,
Payments to treasurer January I to
February 13, 1965,
Cash balance February 13, 1965,
Lunch Program
Receipts 1964,
Payments to treasurer 1964,
Receipts January I to February 13, 1965,
Payments to treasurer January i to
February 13, 1965,
Cash balance February 13, 1965,
Receipts 1964,
Payments to treasurer 1964,
Receipts January 1 to February 13, 1965,
Payments to treasurer January i to
February 13, 1965,
Cash balance February 13, 1965,
Athletic Activities
Pett~ Cash Advance
Petty cash advance February 13, 1965,
Cash on hand February 13, 1965:
In office, verified,
Memoranda, per vouchers,
$1,529.5o
361.00
$11,~53.77
1, u12.72
$941.00
232.5O ·
$22.54
77.46
$840.64
~840.6h
$6,745.76
$1,89o.5o
$79,336.83
$13,266.49
$7,567.80
$1,173.50
$100.00
STEVENS MEMORIAL LIBRARY
Receipt~
Cash balance January 1, 1964,
Receipts,
Payments to treasurer,
Cash balance December 31, 1964,
Cash balance January 1, 1965,
Receipts January 1 to February 13, 1965,
Payments to treasurer January 1 to
February 13, 1965,
Cash balance February 13, 1965, verified,
Petty Cash Advance
Petty cash advance February 13, 1965,
Cash on hand February 13, 1965:
In office, verified,
Memoranda, per vouchers,
$96.15
1,087.81
$1,091.15
92.81
$92.81
120.45
$181
$?.01
2.99
$1,183.96
$213.26
$10.00
.$]._o, 00,
WATER LIENS - 1962
Chapter 60t Sect~gn 9~t Ggneral Laws
Outstanding January l, 1964,
Abatements 1964,
WATER LIENS - 196~
Outstanding January 1, 1964,
Payments to treasurer 1964,
.WATER LIENS -.. 1964
Commitment per warrant,
Payments to treasurer,
Outstanding December 31, 1964 and
February 13, 1965, per list,
$595.63
900.61
WATER DEPARTMENT
Rates
Outstanding January 1, 1964,
Charges,
Refunds,
$3,650.95
121,749.35
36.04
Payments to treasurer,
Charges reported in error,
Audit adjustments:
Abatements not reported,
Water liens added to taxes 1964
not recorded,
Outstanding December 31, 1964,
$119,898.81
18.35
14.oo
913.07
4,592.11
Outstanding January 1, 1965,
Charges January 1 to February 13, 1965,
Adjustment January 1 to February 13, 1965:
Charges not reported,
Audit adjustment February 13, 1965:
Charges not reported,
Overpayments to be refunded
February 13, 1965,
$4,592.11
27,772.16
.73
3.70
12.36
Payments to treasurer January 1 to
February 13, 1965,
Outstanding February 13, 1965, per list,
Cash on hand February 13, 1965, verified,
$22,529.20
7,06_4.40
2,7~$7.46
26
$11.04
$127.57
$1,496.23%
~1,k96.2~
$125,436.34
$32,381.06
~ t2 .-t81.06
WATER DEPARTMENT
Water Construction and Miscellaneous - Accounts Receivable
Outstanding January 1, 1964,
Charges,
Audit adjustment December 31, 1964:
Sewer construction and miscellaneous
accounts receivable reported as
water construction and miscellaneous
accounts receivable,
$2,029.67
21,518.98
8.70
Payments to treasurer,
Audit adjustment December 31, 1964:
Water construction and miscellaneous
accounts receivable added to taxes
1964 not reported,
Outstanding December 31, 1964,
$22,324.o2
583.17
65o.16
Outstanding January 1, 1965,
Charges January 1 to February 13, 1965,
Audit adjustment February 13, 1965:
Sewer construction and miscellaneous
accounts receivable reported as
water construction and miscellaneous
accounts receivable,
Payments to treasurer January 1 to
February 13, 1965,
Outstanding February 13, 1965, per list,
Cash balance February 13, 1965,
$650.16
2,657.73
16.55
$498.84
406.32
2,419.28
Reconciliation of Collector's Cash
~alance February 13, 1965, per tables:
Water rates,
Water construction and
miscellaneous,
Sewer construction and
miscellaneous,
$ 2,787 · 46
2,k19.28
52.20
Unidentified,
$5,258.94
J~J~ .71
Cash on hand February 13, 1965:
Arlington Trust Company, Lawrence,
per statement and check book,
In office, verified,
$5,158.94
ll:l! .71
27.
$23,557.35
$3,324.44
$5,303.65
28
I
I
I
I
I
I
I
!
I
I
I
I
I
I
!
I
I
On Hand
January 1, 1964,
December 31, 1964,
February 13, 1965,
Receipts
Income,
ADDIE S. ARMITAGE CHARITY FUND
In. Custod~ of. Town Treasurer
1964
Savings
Deposits
5,55~.96
5,797.70
5,797.70
Payments.
Added to savings deposits,
Januar~ 1. to Februarz 13, 1965
No transactions recorded
Total
797.7o
797.70
JOSEPH M. AND SUSAN F. STONE CHARITY FUND
In Cu. stody of.,_Town Treasurer
On Hand
Savings
Deposits
January 1, 1964,
December 31, 1964,
February 13, 1965,
I10,000.00
10,000.00
10,000.00
Rec,eip~s
Payments
19~6~
Income,
$412.48 Transferred to town,
~anuar~ 1 to Februar~ 13, 1965
Income,
25~ Transferred to town,
Total
t10,000.00
10,000.00
10,000.00
Sk12.k8
$2g.00
TAYLOR CHARITY FUND
In Custody of Tow~...Treasure~
On Hand
January l, 1964,
December 31, 1964,
February 13, 1965,
Savings
Deposits
130.36
$13o.36
Receipts
Payments
1964
Income,
Added to savings deposits,
J ,anua,,r~ 1 to ,,Fe, b~uar~ 13, 1965
No transactions recorded
On Hand
January 1, 1964,
December 31, 1964,
February 13, 1965,
~eceipts
Income,
SARAH BARKER SCHOOL FUND
In ,iC,usto,d~ of ~Town.,,Treasurer
Savings
Deposits
1,86729
1,903!95
1,903 95
payments
1964
$74.66
Added to savings deposits,
Legal fees,
January 1 to ,F.e,bruary 1~. 1965
No transactions recorded
29
Total
$125.29
$130.36
$130.36
Total
I1,867.29
1,903.95
1,903.95
$36.66
MOSES TOWNE SCHOOL FUND
On Hand
January 1, 1964,
December 31, 1964,
-February 13, 1965,
Receipts
Income,
IB Custod~ of Town Treasure~
Savings
Deposi.t~
994.56
$5,994.56
Payments
1964
$240.0k Added to savings deposits,
Januar~ 1 to February 13, 196~
Total
5,754.52
5,994.56
5,994.56
No transactions recorded
HERMAN KOBER CEMETERY PERPETUAL CARE FUND
On Hand
In Custod~ of To.wn Treasurer
Savings
Deposits
January 1, 1964,
December 31, 1964,
February 13, 1965,
I10000
100!00
100 00
Receipts
Payments
Income payable to the
Ridgewood Cemetery Association
Total
i100.00 - ~
100.00
lOO.OO/
KATE H. STEVENS OLD BURYING GROUND FUND
,In Custod7 of, TOW-fA Treasurer
On Hand
January 1, 1964,
December 31, 1964,
February 13, 1965,
Savings
D. eRosit~
174.5.5
181.59
181.59
Income,
Receipts
Payments
Added to savings deposits,
January 1 to February 13, 1965
No transactions recorded
Total
I17455
181 i 5.9
181 59
31
On Hand
January 1, 1964,
December 31, 1964,
February 13, 1965,
Receipts
Income,
POST..-WAR..REH..ABILITA~TION FUND
In Custody of To.wnTrea~urer
1964
Savings
Deposits
$4,560.59
4,756.44
4,
p.ayment S
Added to savings deposits,
January 1 ~o February 13, 1965
No transactions recorded
Total
I4,560.59
4,756.44
4,756.1!1!
On Hand
January 1, 1964,
December 31, 1964,
Februamy 13, 1965,
Rec.eipts
Town appropriation,
Income,
STABILIZATION FUND
In C~stod~ of Town,,Treasure~
Savings
Deposits
Total
10,229;68
10,229.68
$10,229.68
$10,229.68
Payments_
1964
$10,000.00
229.68
Added to savings deposits, $10,229.68
Januar~ 1 to .Feb. ruary 13, 1965
No transactions recorded
GEORGE W. AND RUTH E. BERRIAN MEMORIAL FUND
In Cust.od~ of Librar~ ,Trustees
On Hand
January 1, 1964,
December 31, 1964,
February 13, 1965,
Cash
$10.22
.05
$n.3o
Savings
Deposits
$1,000.00
$1,000.00
$1,000.00
Receipts
P~.ayments
1964
Income,
Cash on hand
January 1, 1964,
Income,
Cash on hand
January 1, 1965,
$43.75
10.22
Expenditures,
Cash on hand
December 31, 1964,
Januar~ 1 to Februar~ 1~ 1965
Cash on hand
February 13, 1965,
ANNE BRADSTR~T LIBRARY~ND
In Custod~ of Librar~ Trustees
On Hand
Cash
Savings
Deposits
January 1, 1964,
December 31, 1964,
February 13, 1965,
207.14
178.14
$195.o2
500.00
$1,5oo.oo
Receipts
Payments
Income,
Cash on hand
January 1, 1964,
$65.64
2o7~,14
Expenditures,
Cash on hand
December 31, 1964,
Januar~ 1 to Februar~ 13, 1965
Income,
Cash on hand
January 1, 1965,
$16.88
'178.14
Cash on hand
February 13, 1965,
32
Total
1,010.22
1,000.05
1,011.30
$53.92
$11.30
Total
1,707.14
1,678.14
1,695.02
$94.64
$195.o2
CHARLES WHITNEY DAVIS LIBRARY FUND
In, Custody of Library Trustees
On Hand
Savings Securities
Deposits Book Valu~
January 1, 1964,
December 31, 1964,
February 13, 1965,
i258.25
14o.33
154.09
1,223.04
1,223.04
1,223.04
10,173.96
10,173.96
10,173.96
Receipts
Payments
19,64
Income,
Cash on hand
January 1, 1964,
$528.51
_$7
Expenditures,
Cash on hand
December 31, 1964,
January 1 to FebrusMy 13, 1965
Income,
Cash on hand
January 1, 1965,
$13.76
14o.33
Cash on hand
February 13, 1965,
On Hand
January 1, 1964,
December 31, 1964,
February 13, 1965,
Rec..eipts.
Gifts,
Income,
Cash on hand
January l, 1964,
Income,
Cash on hand
January. 1, 1965,
PHILLIPS LIBRARY FUND
In Custody of Library T~ustees
Cash
Savings
Deposits
$85.88
04
2,55o0o
2,55oi00
2,550 0o
Pa.~ments
1964
~1oo.3o
109.57
8 ,88
Expenditures,
Cash on hand
December 31, 1964,
J.anuar~ 1 to February 13, 1965
$15.19
· 47.04
Cash on hand '-
February 13, 1965,
Total
$11,655.25
$11,537.33
$11,551.09
$646.43
$154.o9
Total
i,635'88
,597.o4
,612.23
$248.71
47.04
$62.23
DALE STEVENS CHILDREN'S BOOK FUND
In L~ustody of Library Trustees
On Hand
Savings
Cash Depos.its.
Securities
Par Value Book Value
January 1, 1964,
December 31, 1964,
February 13, 1965,
$96.13 $3,550.00 ~!i000.00
$7.75 $7,550.00 000.00
$8.21 $7,55o.oo ooo.oo
95o.oo
$4,950.00
ReceiptS. ~
Payments
1964
Securities matured,
Income,
Cash on hand
January 1, 1964,
Total
13,596.1~
13,507.75
13,508.21
Income,
Cash on hand
January 1, 1965,
$4,000.00 Added to savings deposits, $4,000.00
609.09 Expenditures, 697.47
Cash on hand
96.13 December 31, 1964, . 7.75
7o .zg
Januar~.l to February 13, 1965
$28.69 Expenditures, $28.23
Cash on hand
7.7~ February 13, 1965, 8.21.
ELIZABETH P. STEVENS FUND
In Custody of Lib. r. ar~ Trustee~s
On Hand
January 1, 1964,
December 31, 1964,
February 13, 1965,
Savings
Cash Deposits Total
$10.30 $10,827.21 $10,837.51
$64.64 $10,827.21 $10,891.85
$64.64 $10,827.21 $10,891.85
~eceip~s
Payments
· t964
Income,
Cash on hand
January 1, 1964,
$473.67 Expenditures, $419.33
Cash on hand
10.30 December 31, 1964, 64.64
~.anuary 1 .to February 13, 1965
Cash on hand
January 1, 1965,
Cash on hand
February 13, 1965,
MOSES T. STEVENS FUND
In Custody~of .Library. Trustees
On Hand
Cash
Savings
Deposit~
January 1, 1964,
December 31, 1964,~
February 13, 1965,
$113.89
72.6o
$72.60
$10,000.00
10,000O0
10,000]00
Receipts
Payment~
1964~
Income,
Cash on hand
January 1, 1964,
$420.84
113..89.
Expenditures,
Cash on hand
December 31, 1964,
January 1 to.?ebruary 13, 1965
Cash on hand
January l, 1965,
Cash on hand
$72..60 February 13, 1965,
NATHANIEL AND ELIZABETH P. STEVENS FUND
In C.ustody ,of Library TrU. stees
On Hand
Cash
Savings Securities
Deposits Par yalue.'
January 1, 1964,
December 31, 1964,
February 13, 1965,
1,436.67 - $25,000.00
l, 933.61 $25,000 00 -
2,046.11 $25,000~00 -
~ceipts
~a~ments
196~,
Securities matured,
Income,
Cash on hand
January l, 1964,
$25,000.00
1,072.92
1,436.67
$2'~.509.59
Deposited in savings
accounts,
Expenditures,
Cash on hand
December 31, 1964,
January 1 to Febr,,uary 13, 1965
Income,
Cash on hand
January 1, 1965,
$n2.5o
1,933.61
Cash on hand
February 13, 1965,
Total
~10,113.89
~10,072.60
$10,072.60
$462.13
72.60
$53k.73
Total
26,43667
26,933~61
27,046 · 11
$25,000.00
575.98
1,933.61
'$2,046.11
On Hand
January 1, 1964,
December 31, 1964,
February 13, 1965,
Income,
Cash on hand
January 1, 1964,
Income,
Cash on hand
January 1, 1965,
On Hand
January 1, 1964,
December 31, 1964,
February 13, ~1965,
Receipts
Income,
Cash on hand
January 1, 1964,
Income,
Cash on hand
January 1, 1965,
ABBOTT STERNS FUND
In Custg~dy of Library Trustees_
Savings
Cash Deposits~
i452.22 $14,920.10
274.32 $14,920.10
200.28 $14,920.10
Securities
Book Value
10,079.90
10,079.90
10,079 · 90
Pa~-me.nt s
1964
$1,102.75
Expenditures,
Cash on hand
December 31, 1964,
January 1 to Februar. y 13, 1965
$43.75
274.32
$~1~ .07
Expenditures,
Cash on hand
February 13, 1965,
MARY O. TYLER LIBRARY FUND
In .CBstody of Librar~ Tru.~tees.
Cash
270.98
225.oo
lOl.45
Savings
Deposit.s
12,50000
12,500i00
12,500 00
Pa ,~ments
1964
$544.5o
270.98
Expenditures,
Cash on hand
December 31, 1964,
January. !..,.to February 13, 1965
$56.25
· 22 ,.oo
~2~1"'.'25
Expenditures,
Cash on hand
February 13,
1965,
Total
25,452.22
25,274.32
25, 2 O0.28
$1,280.65
274.32
$117.79
2OO .28
Total
t12,770 · 98
12,725.00
12,6o1.~5
$59o.48
225.00
$015
$179.80
37
SPECIAL GIFT FUND
In Cu~tod~ of Library Trust~.e.~
On Hand
January 1, 1964,
December 31, 1964,
February 13, 1965,
Cash
i170 62
113.43
Savings
Deposits
1,825.00
1,825.00
1,825.00
Receipts
~ayments
1964
Gifts,
Income,
Cash on hand
January 1, 1964,
Gifts,
Cash on hand
January 1, 1965,
$55- 4
79.
170.62
Expenditures,
Cash on hand
December 31, 1964,
...J. anuar~ 1 to February 13, 19_6~
$20.92
_ _135.31
Expenditures,
Cash on hand
February 13, 1965,
Total
,960.31
,938.43
$170..~. 59
135.31
$42.8o
RECONCILIATION OF LIBRARY TRUSTEES' CASH
Cash balances February 13, 1965, per tables:
George W. and Ruth E. Berrian
Memorial Fund,
Anne Bradstreet Library Fund,
Charles Whitney Davis Library
Fund,
Phillips Library Fund,
Dale Stevens Children's
BookFund,
Elizabeth P. Stevens Fund,
Moses T. Stevens Fund,
Nathaniel and Elizabeth P.
Stevens Fund,
Abbott Stevens Fund,
Mary O. Tyler Library Fund,
Special Gifts Fund,
Cash on hand February 13, 1965,
per check book,
Merrimack Valley National Ban. k'
Balance February 13, 1965, per statement,
Balance February 13, 1965, per check book,
Outstanding February 13, 1965, per list,
$11.30
195.02
1 4.o9
62.23
8.21
64.64
72.60
2,046.11
200.28
lOl.45
113.43
$3,029.36
243.21
$3,029.36
029.36
$3,272~57
TOWN OF NORTH ANDOVER
Balance Shee. t - December 31~ 1964
GENERAL ACCOUNTS
Assets
Liabilities and Reserves
Payroll Deductions:
Cash: $4~!1,454 86 ~Federal Taxes, $16,656.37
General, · State Taxes, 2,072.33
Blue Cross and Blue
Shield,
Group Insurance,
$888.30
39,338.58
Accounts Receivable:
Taxes:
Levy. of 1964:
Personal Property,
Real Estate,
Motor Vehicle and Trailer Excise:
Levy of 1964,
Farm Animal Excise:
Levy of 1964,
$21,339.80
264.70
75.77
Special Assessments:
Sewer:
Unapportioned,
Added to Taxes:
Levy of 1964,
Committed Interest:
Sewer:
Levy of 1964,
40,226.88
28,749.15
29.25
21,680.27
8,577.13
Tax Titles and Possessions:
Tax Titles, $2,887.82
Tax Possessions, 5,689.31
138.40
25.06
Tailings:
Unclaimed Checks,
Trust Fund Income:
Stone Charity Fund,
Taylor Charity Fund,
$3,356.69
78.00
Recoveries:
Old Age Assistance,
Federal Grants:
Disability Assistance:
Administration,
Assistance,
Aid to Dependent
Children:
Administration,
Aid,
Old Age Assistance:
Administration,
Assistance,
Medical Assistance for
~the Aged:
Administration,
Assistance,
School Aid:
Public Law #81-874,
Public Law #85-864,
$3,366.48
1,922.44
2,186.80
3,855.18
2,971.90
13,307.90
1,216.22
20,690.10
10,071.02
14,022.92
$18,892.16
408.4o
3,~34.69
319.82
73,610.96
Accounts Receivable: (Cont.)
Departmental:
Fire,
Tree,
Sewer,
General Relief,
~id to Dependent
Children,
Veterans' Services,
$363.04
19.00
280.09
1,300.00
2,485.18
8,307.32
Water:
Liens Added to Taxes:
LeVy of 1964,
Rates,
Construction and
Miscellaneous,
$900.61
4,592.11
65o.16
Aid to Highways:
State,
County,
$38,996
Loans Authorized:
Water Construction,
Unprovided For or 0verdrawn Accounts:
Underestimate 1964:
County Tax,
Overdrawn Appropriation:
Snow Removal,
GENERAL ACCOUNTS (Cont.)
Revolving Funds:
School Lunch,
School Athletics,
12,754.63
Appropriation Balances:
Revenue:
General,
Water,
Non-Revenue:
Fire Equipment,
Sewer Construction,
School Construction,
Water Construction,
$13,003.52
3,098.05
$92,928.66
1,200.00
26.5o
27,041 · 72
22,872.54
17,881.10
6,142.88
58,494.82
40,000.00
1,053.74
11,711.65
Loans Authorized and Unissued,
Overestimate 1964:
State Recreation Areas,
Sale of Real Estate Fund,
Receipts Reserved for Appropriation:
Library Aid,
Reserve Fund - Overlay ~urplus,
Overlays Reserved for Abatements:
Levy of 1964,
16,101.57
161,950.52
40,000.00
611.86
4,458.37
2,727.00
6,121.11
3,644.83
GENERAL ACCOUNTS (Cont.)
Revenue Reserved Until Collected:
Motor Vehicle and
Trailer Excise,
Farm Animal Excise,
Special Assessment,
Tax Title and
Possession,
Departmental,
Water,
Aid to Highway,
$28,749.15
29.25
21,680.27
8,577.13
12,754.63
6,142 · 88
58,494.82
Surplus Revenue,
136,428.13
_.2o2,16, .84
$.670. U75.26
Apportioned Assessments Not Due:
Se~er,
Street,
DEFERRED REVENUE ACCOUNTS
$54, .~-8.18
Apportioned Sewer Assessment Revenue:
Due in 1965 to 1974, Inclusive,
2,198.98
$56. k7.1
Apportioned Street Assessment Revenue:
Due in 1965 to 1976, Inclusive,
$54,348.18
2,198.98
$ 56.5h7 ~i6
Net Funded or Fixed Debt:
Inside Debt Limit:
General,
Outside Debt Limit:
General,
Public Service
Enterprise,
$i,880,000.00
280,000.00
DEBT ACCOUNTS
$513,ooo.oo
Serial Loans:
Inside Debt Limit:
General:
Fire Equipment,
Sewer,
School,
2,160,000.00
Outside Debt Limit:
General:
School,
Public Service
Enterprise:
Water,
$20,000.00
228,000.00
265,000.00
$1,880,000.00
280,000.00
$513,000.00
2,160~000.00
$5- 6737ooo. Qo
Trust and Investment Funds:
cash and Securities:
In Custody of Treasurer,
In Custody of Library Trustees,
TRUST AND INVESTMENT ACCOUNTS
$39,094.28
118,178.oo
In Custody of Treasurer:
Welfare Funds:
Addie S. Armitage,
Joseph M. and Susan
F. Stone,
Taylor,
School Funds:
Sarah Barker,
Moses Towne,
Cemetery Funds:
Herman Kober Perpetual
C~Lre,
Kate H. Stevens 01d
Burying Ground,
Investment Funds:
Post-War
Rehabilitation,
Stabilization Fund,
$5,797.70
10,000.00
130.36
1,903.95
5,994.56
100.00
181.59
10,229
39,094.28
TRUST AND INVESTMENT ACCOUNTS (Cont.)
In Custody of Library Trustees:
Library Funds:
George W. and Ruth E.
Berrian Memorial,
Anne Bradstreet,
Charles whitney
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,
$1,000.05
1,678.14
11,537.33
2,597.04
13,507.75
10,891.85
10,072.60
26,933.61
25,274.32
12,725.00
1,960.31
118,178.00
~!~?~272,2~