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HomeMy WebLinkAboutAUDIT 07-01-1975 -- 12-31-1976Form DA-96 2M sets DEPARTMENT OF~'- - '- - _ -_'--: --_- '. _-_~ BUREAU OF ACCOUNTS R~POR~ OP AN AUDIT of ACCOUNTS OP ~" H ~ T O W N 0 P N O R T H A l~ i 0 ~,~u~ JULY i, i9~3 DECEMBER 31, 1976 ?lade in Accordance with the lf~rovisions of Chapter ~, ~en~Pal Laws ' OctObe~ ~', ,97~ LAURENCE D. FITZMAURICE Commissioner EDWARD G. McCANN, Jr. Director of Accounts October 4, 1978 MAIL ADDRESS: P. O. BOX 7015 BOSTON, MASS., 02204 To the Board of Selectmen Mr. John F. Coady, 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 July l~ 1975 to December 31~ 1976, made in accordance with the provisions of Chapter 44, General Laws. This is in the form of a report made to me by Nr. Robert M. Crosby, Assistant Chief of Bureau. Very trulyyour~ ~ ~ RMC :EFN Mx. Edward G. McCann, Jr. Director of Accounts Department of Revenue Boston, Massachusetts Sir: In accordance with your instructions, I have made an audit of the books and accounts of the town of North Andover for the period from July l, 1975 to December 31, 1976, and submit the following report thereon: The financial transactions, as recorded on the books of the several departments receiving or disbursing money for the town or committing bills for collection, were examined and checked with the books of the town accountant and the town treasurer. The~ books and accounts of the town accountant were examined and checked. The receipts, as recorded, were checked with the treasurer's books and with the receipts of the several departments collecting money for the town, while the payments were compared with the treasury warrants authorizing the disbursements of town funds and with the treasurer's records. and loan authorizations, as The appropriations, transfers, recorded on the town clerk's records of town meetings, as well as the transfers from the reserve fund authorized by the finance committee, were checked with the town accountant's ledgers. The ledger accounts were analyzed, the necessary adjusting entries resulting from the audit were made, and a balance sheet, which is appended to this report, was prepared showing the financial condition of the town as of December 31, 1976. The books and accounts of the town treasurer were examined and checked. The recorded receipts were compared with the town accountant's books, with the records of the several departments collecting money for the town, and with other sources from which money was paid into the town treasury. The recorded payments were checked with the selectmen's warrants 2 authorizing the treasurer to disburse town funds and with the accountant's records. The cash balance on December 31, 1976 was proved by reconciliation of the bank balances with statements furnished by the depositories, by examination of the savings bank books, and by actual count of cash in the office. An examination was made of the Revenue Sha~ing and Anti-Recession Fiscal Assistance Funds Statements cf Changes in Available Funds and Obligations Incurred in the town of North Andover for the period from July l, 1975. The examination was made in accordance with the auditing standards set up for municipalities under Chapter ~'J'. ., General Laws, and the "Audit Guide and Standards for Revenue Sharing Recipients" issued by the Office of Revenue Sharing, and, accordingl~ included such tests of the accounting records and such other auditing procedures as were considered necessary in the circumstances. In our opinion, the Statements of Changes in Available ~b~nds and Obligations Incurred present fairly the revenue, expenditures, and incurred and the status of Federal General Revenue Sharing~ and obligations Anti-RecessionFiscal Assistance Funds of the town of North Andever on December 31, 1976 in conformity with the~ePtedacc0unti~princiP~es in force for Massachusetts municipalities, The payments on account of maturing debt and interest were proved with the amounts falling due and were checked with the cancelled coupons and securities on file. The outstanding coupons were listed and reconciled with statements furnished by the banks ef deposit. The records of payroll deductions for Federal and State taxes, the county and teachers' retirement systems, Blue Cross and Blue Shield, group insurance, tax-sheltered annuities, credit unions,accident insurance, firemen's insurance, Christmas club, United Fund, and union dues were examined. The deductions were proved, the payments to the proper agencies were verified, and the balances on hand were reconciled with the respective controlling accounts in the town accountant's ledger. The tax titles and tax possessions held by the town were listed, proved with the town accountant's ledger controls, and checked with the records at the Registry of Deeds. The savings bank books and securities representing the investment of the trust and investment funds in the custody of the town treasurer and the trustees of the library were examined and listed. The income was proved, and all transactions were verified and compared with the treasurer's and the town accountant's records. The cash balance in the library fund as of December 31, 1976 was proved by reconciliation of the bank balance with a statement furnished by the bank of deposit. The books and accounts of the tax-collector were examined and checked. The tax, excise, and assessment accounts outstanding as of July l, 1975, together with all subsequent commitments, were audited and checked with the warrants issued for their collection. The reported payments to the treasurer were verified, the abatements, as recorded, were comPared with the assessors' records of abatements granted, and the outstanding accounts were listed and reconciled with the accountant's ledger controls. 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 and checked. The receipts, as recorded, 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 oorreot. It is recommended that action be taken to effect a prompt settlement of the delinquent tax, excise, departmental, sewer, and water accounts of prior years, which date back to 1971. The assessors' 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 respective accounts in the town accountant's ledger. The financial records of the town clerk were examined and checked. The records of receipts on account of dog and sporting licenses issued, and from miscellaneous licenses, fees, etc. were verified a~d compared with the payments to the town treasurer and to the Division of Fisheries and Game. The cash on hand December 31, 1976 was proved by actual count of the cash in the office. The records of receipts of the selectmen, the inspectors of buildings, wire, gas, and plumbing, as well as of the police, schoo~ and library departments, and of all other departments in which money was collected for the town, were examined and checked. The payments to the treasurer were verified, and the cash on hand in the several departments, including petty cash advances, was proved by actual count. The surety bonds filed by the town officials required by law to furnish them for the faithful performance of their duties were examined and found to be in proper form. The books and accounts of the treasurer of the North ~dover and Boxford District of Veterans' Services were examined ~d checked in conjunction with the audit of the town treasurer's accounts. The cash book was analyzed, the recorded receipts and disb~mrsements were verified, and the cash balance on December 31, 1976 was proved by reconciliation of the bank balance with a statement furnished by the bank of deposit. In addition to the balance sheet, there are appended to this report tables showing reconciliations of the several cash accounts, summaries of the tax, excise, assessment, tax title, tax p°ssession, departmental, sewer, and water accounts,, as well as schedules showing the condition and transactions of the several trust and investment funds. For the cooperation extended by all town officials during the progress of the audit, I wish, on behalf of my assistants and for myself, to express appreciation. RMC: EFM Respectfully submitted, RECONCILIATION OF. TREASURER' $ CASE Balance July 1, 1975 Receipts July 1, 1975 to June 50, 1976 $2,268,201.~5 12,$76,685.56 Payments July l, 1975 to June 50, 1976 Balance June 50, 1976 15,519,166.52 1,$25,718.$7 Balance July 1, 1976 Receipts July 1 to December 51, 1976 $1,425,718.~7 7,~90,558-~6 Payments July 1 to December 51, 1976 Bal~e December 51, 1976 7,758,851.75 1,177,205.20 Bal~e December 51, 1976 Cash on hand December 51, 1976: In Banks: Bay State National lank Arlington Trust Compamy: General ~hool Payroll ]oston Safe Deposit and Trust Compamy New Eagland Merchants National ~ank, ]oston State Street ~ank and T~st Company, Boston The First National ~ank of Boston Harbor National Bank of Boston United State Trust Company, Boston The National Shawmut B~ of Boston Essex County Bank and Trust Company, Lynn Bay Bank Merrimack Valley: Checking account Savings accounts: Book #15102~7 Book $15102555 Community Savings bamk, Lawrence: Book~7~ $166,67&.91 91,050.55' 12,917.94' 100,000.00 100,251.58' 25,585.69' 15,920.29' 290,886.82' 280.57* 66,086.89* 9,819.61' 82,527-69* 45,062.90* 279.67- 1,915.68 10,576.51 In office, verified Per statement suad check book $1,019.~i$.90 157,790.30 $15,7~,8~.79 $1~,7~,8~.79 $8,916,056.95 $8,916,056.95 $1,177,205.20 RECONCI~ION OF ~REA~' S CA~ (C~N~.) ~.a~ State National · alance December 31, 1976, per statement ~alance December 31, 1976, per check register Outstanding checks December 31, 1976, per list $166,675.91 13,362.29 Arlington Trust Comp~ Pa~r011 Account Balance December 31, 1976, per statement ~alance December ~1, 1976, per check register Outstamdimg checks December 31, 1976, per list $1~,000.00 15,751.39 .~ecial Cash Revenue ~aring Funds - Public Law ~2-512 · alance July 1, 1975 Receipts July 1, 1975 to Jume 30, 1976 $198,~.06 ~77,01~.01 Payments July 1, 1975 to June 30, 1976 ~alance June 30, 1976 ~50,000.00 225,~9,07 ~alance July 1, 1976 Receipts July 1 to December 31, 1976 $225,~9.07 97,~5.65 ~alance December 31, 1976 · alance December 31, 1976 Cash on hand December 31, 1976: · ay~aBk Merrimack Valley Certificate of deposit, verified * Per statement and check book $122,835.72' 200,000.90 6 $180,037.20 $1so,o ?.aO $115,751.59 $575,3~9.07 $522,S5~.72 $522,sSn.72 Revenue. ~arimg l~ds Statement of Oboes, in Av~lable F~ds Available F~ds July l, 1975 Add Rewemue: ~titlement ~a~ents Interest e~ned Total LeSs: U~ppropriated J~e ~, 1976 Available for obligation d'~i~ ye~ Less: ~enditures ~c~br~ces Total o~ligatio~ U~enc~e~e~ ~ee J~e ~0, 1976 Unappropriated J~e ~, Available ~S June ~0, 1976 Available ~ds July 1, Add Revenue: ~titlememt p~emts I~terest e~ed Total ~ss: Unappropriated December ~1, 1976 Av~lable for o~ligatiom d~i~ ~eriod ~ss: ~endit~es Emc~br~ces Total o~ligatioms imc~ed Umemc~bered ~al~ce Deeem~er ~1, U~pro~riate~ Deee~er ~1, 1976 Available ~ds ~ecem~er ~1, 158.01 $322, $~. 72 -0- $~00,O00.00 RECONCILIATION OF TRFASURER' S CASH (CONT.) Revenue Sharin~Fumds Statement of Obli~atioms Incurred July 1. 1975 to June 30.1976 Operating/Maintenance Expenditures: Public Safety Total obligations incurred Jul2 ~, to. December 31,1976 No transactions recorded $350,000.00 $ o,ooo.oo ~pecial Cash Anti - Recession Fiscal Assistamce Fumds Pu~lie Law~9~-369 Receipts July 1 to December 31. 1976 Balance December 31, 1976 Balance December 31. 1976 Cash on hand December ~l, 1976: Certificate of deposit, verified Statement of Chamges i~Available :~ Revenue: Entitlement Payments Interest earne~ Total Less: Unappropriated December 31, 1976 Available for obligation durimg period Less: EsPenditures Encumbrances Total obligations incurred ~encumbered balance December 31, 1976 Unappropriated December ~1.1976 Available Funds December ~l, 1976 $29,3 5. oo -0- ~co~cm~.~mo~ oF ~mAS~,' S0A~ (CO~.) Anti-Recession Fiscal AsS,,istamce l~nds Statement of Obligatio.n..s Inc.urred ,,Jul~ i to December 51, 1976 No transactions recorded ~mCOSCXLZA~,~Om OF ~0~ nm co~ AOCO~ ,~tate S,tree,t ~ank ~d ~ust Oo~, ~os~en,' Bal~ce December ~1, 1976, per statement Outstandi~ coupo~ December ~l, 1976, per list Arlington T~st Company, Lawrence · alance December 51, 1976, per statement Outstandimg coupons December 51, 1976, per list ~nterest ,oA,,,,Inves,ted Genera~ Cash Receipts July 1, 1975 to June 50, 1976 Payments to treas,mrer July l, 1975 to June 50, 1976 Receipts July I to December 51, 1976 Payments to treasurer July i to December 51, 1976 9 $5,270 · 50 $~, ~?o. ~o $7~5.oe $?~5.ee NORTNANDoVERAND ~XleORD DISTRICT De~artm. e.m,t...o,f V,eterans'.......Serwiaes Reconciliatio~ of Distri.at Treasurer's......... Cash.. Dalance July 1, 1975 Receipts July 1, 1975 to June 30, 1976: Town of North Andover Town of Ioxford Payroll deductions: Co,~ty retirement system · ~16.56 1,292.10 205.90 60.00 Payments July 1, 1975 to June 50, 1976: Director's salary Telephone Dues Coumty retirement system lalamce June 30, 1976 1,200.O0 115.16 11.00 60.O0 · alance July 1, 1976 Receipts July 1 to December 31, 1976: Town of North Andover Town of 3oxford $58}.~e 1,500. O0 205.15 Payments July 1 to December 51, 1976: Director's salary Telephone Jalance December 51, 1976: ~ay State National ~ank, Lawrence, per statement and check book 600.00 105.75 12.00 1,572.$2 PATROL DEDUCTIONS Federal Taxes Deductions July 1, 1975 to June 30, 1976 Payments to DireCtor of Internal Revenue July 1, 1975 to June 50, 1976 · alance June 50, 1976 Salance July 1, 1976 Deductions July 1 to December 51, 1976 Overpayments to be ad,mated Payments to Director of Internal Revenue July 1 to December 51, 1976 Balance December 51, 1976 12,2~6.61 $12'2~6.61 592,129.57 575,529.65 lO $1,972.56 $1,972.~ $2,088.55 $2,088.55 $~.957.01 PAYRO~ DEDUCTIONS State Taxes Balance July l, 1975 Deductions July l, 1975 to June 30, 1976 Paymemts to State July 1, 1975 to Jume 30, 1976 Balamce June 30, 1976 $.60 258,257.22 253,a~6.95 $,~10.$7 Balance July l, 1976 Deductions July i to December 31, 1976 118,605.25 Payments to State July I to December 31, 1976 Balance December 31, 1976 113,~61.06 9,155.O5 Coun~ Retirement System Balance July 1, 1975 Deductions July 1, 1975 to Jume 30, 1976 $6.~ 117,837.23 Payments to coumty treasurer July 1, 1975 to June 30, 1976 Balance June 30, 1976 108,139.33 9,703.90 Balance July 1, 1976 Deductions July 1 to December 31, 1976 Payments to county treasurer July 1 to December 31, 1976 Balance December 31, 1976 $9,703.90 68,165.98 68,373.11 9,496.77 ll $258,257.82 $12),016.11 snT,a~3.23 PAYROLL DEDUCTIONS Massachusetts Teachers' Retirement $[stem Deductions July l, 1975 to June 30, 1976 Payments to Massachusetts Teachers' Retirement Board' July l, 1975 to June 30, 1976 Deductions July I to December 31, 1976 Payments to Massachvsetts Teachers' Retirement Board July 1 to December 31, 1976 Blue Cross and Blue Shield Deductions July l, 1975 to June 30, 1976 Debit balance June 30, 1976 $107,567.19 Debit balance July l, 1975 Payments to Massachusetts Nospital Services, Inc. July l, 1975 to June 30, 1976 Refunds to employees July l, 1975 to June 30, 1976 107,~89.51 77.38 Deductions July i to December 31, 1976 Debit balance July 1, 1976 Payments to Massachusetts Nospital Services, Inc. July i to December 31, 1976 Refunds to employees July i to December 31, 1976 Balance December 31, 1976 129.5~ l0,272.80 12 $1~,2~5-27 $65,118.65 ,,,$68 ~ 115.65 $108,0~5.~ $56,697.93 ~6,697.95 PAYROLL DEDUCTIONS Group Insurance Deductions July 1, 1975 to June 50, 1976 Payments to Prudential Life Insurance Company July 1, 1975 to June 50, 1976 Refunds to employees July l, 1975 to June 50, 1976 · alance June 50, 1976 .94 ~alance July 1, 1976 Deductions July 1 to December 51, 1976 Payments to Prudential Life Insurance Company July 1 to December 51, 1976 ~alamce December 51, 1976 1,758.58 1,455.50 Tax Sheltered Anmuities Deductions July 1, 1975 to June 50, 1976 Payments to insurance companies July 1, 1975 to June 50, 1976 · alance June 50, 1976 501.14 950.28 · alam3 · July 1, 1976 Deductions July 1 to December 51, 1976 12,166.40 Payments to insurance companies July 1 to December 51, 1976 North Andover Municipal Credit Union Deductions July 1, 1975 to June 50, 1976 Payments to North A~dover Municipal Credit Union July 1, 1975 to June 50, 1976 ]alamce June 50, 1976 ~ $159,~61.5e · alance July 1, 1976 Deductioms July 1 to December 51, 1976 $2,555.00 79,1el.50 Payments to North A~dOVer Municipal Credit Union July 1 to December 51, 1976 · al~e December 51, 1976 79,282.50 2,574.OO $5,98i.~O $5,951.40 $1,782.56 $',, 782.56 $50,451.42 $17,116.68 $17,116.68 $162,016.50 $162,o16.~o PAYRO~ DEDUCTIONS Teachers' Credit Union Deductions July 1, 1975 to June 50, 1976 Debit balance June 50, 1976 Payments to Massachusetts Teachers' Association Credit Union July 1, 1975 to June 30, 1976 Deductions July I to December 31, 1976 Debit balance July 1,1976 Payments to Massachusetts Teachers' Association Credit Union July I to December 31, 1976 Accident Insur,~ce Deductions July 1, 1975 to June 30, 1976 Balance June 30, 1976 Balance July 1, 1976 Deductions July 1 to December 31, 1976 Payments to Colonial Insurance Company July 1 to December 31, 1976 Balance December 31, 1976 Firemen'$ Insurance Deductions July l, 1975 to June 30, 1976 Payments to Milton E. Lawrence Com~ July l, 1975 to June 30, 1976 DedUctions July 1 to December 31, 1976 Payments to Hilton E. Lawrence Com_~any July i to December 31, 1976 $92,592.13 2O5.0O $129.49 2,867 · 60 2,901.74 95.35 $92,797~13 $92,797.13 67o.28 $37,6?0.28 $2,997. ~9 $2.997.~ $9?8.00 PAYROLL DEDUCTIONS .C..hristmas O~u~ ..... Deductioms July 1, 1975 to June 50, 1976 Payments to Merrimack Valley National lamk July 1, 1975 to Jume 50, 1976 lalamce June 50, 1976 Balance July 1, 1976 Deductioms July 1 to December 51, 1976 Payments to Merrimack Valley National ~amkJuly 1 to December 51, 1976 ~alauce December 51, 1976 United Fumd of Greater Lawrence Deductions July 1, 1975 to June 50, 1976 Payments to Umitedl~und of Greater Lawrence July 1, 1975 to June 50, 1976 Deductions July 1 to December 51, 1976 Payments to United Fu~d of Great Lawrence July I to December 51, 1976 Teachers' Union Deductions July 1, 1975 to June 50, 1976 Payments to treasurer of Teachers' Union July 1, 1975 to J~mue 50, 1976 Deductions July 1, 1976 Payments to treasurer of Teachers' Union July 1 to December 51, 1976 219.00 $219.00 6,129.00 511.00 $10,601.00 $~e,6o1.00 $1,108.06 $1,1Oa.e~ $5~. 50 $9,185.~ $9 15 PAYROLL ~EDUCTIONS Public Works Union Deductions July 1, 1975 to Juae ~0, 1976 Payments to treas~er of Pmblic Works Union July 1, 1975 to Jume 30, 1976 Deductions July 1 to December 51, 1976 Payments to treasurer of Public Works Umion July 1 to December 31, 1976 ~irefighters' Union Deductions July 1, 1975 to June 50, 1976 Payments to treas~er of Firefighters' Union July 1, 1975 to June 50, 1976 Deductions July I to December 51, 1976 Payments to treasurer of Firefighters' Union July I to December ~l, 1976 TAX OO~CTOR Reconciliation of Cash Cash balance December ~1, 1976, per tables: Real estate taxes: 1975-1974 $79.20 1975 5,1o9.95 1976 '~226.12 1977 #5.qq Motor vehicle excise: Levy of: 1971 lO0.OO 1973 222.21 1975 1975 5,0~4.55 Interest on taxes and excise 28.58 Municipal liens 24.00 Petty cash advamce December 51, 1976 Fees - Due tax and deputy collector $11,1~5.10 61~.8~ 16 26o.o0 $2,060.00 $975.00 $975.00 $11,901.9~ ~AX C0t~.~C~0~ (CON~.~ Regonciliation,ef' cash (cont.) Cash on hand December 51, 1976: In office, verified Arlington Trust Company: Account ~020265 Account ~22926 Due from Tow-a: Overpayment of Real Estate Taxes 1976 lO0.O0 8,~7.~ 5,125.87 Arlingt,p~rust Company Account ~02026~ · al~e December 51, 1976, per statement ~alamce December 51, 1976, per check book ~e to account ~022926 1,905.65 Account ~2926, Balance December 51, 1976, per statement Deposit in transit December 51, 1976, verified Checks returned to be redeposited Check error to be adjusted Due from Account ~20265 balance December 51, 1976, per check book Outstamding checks December 51, 1976, per list $71,~82.15 9,659.91 85.50 6.00 1,905.65 82,8~.~ ~SO,NAL PROPERTY TAXES - 1970 To be Refunded Credit balance July 1, 1975 and July 1, 1976 PER~NAL PROP~TY TAXES - 197.1 Outstanding July 1, 1975 and July 1, 1976 Audit adjustment December 51, 1976: Personal property taxes 1971 reported as personal property taxes 1972 Outstanding December 51, 1976, per list $12.00 ~.oo $11,9o1.~ $10,570'98 81o,57o.~8 ? $83,015.20 $85,o15-20. 17 $17.25 $45.00 0utstandi~ July 1, 1975 amd July 1, 1976 Audit adjustment December 31, 1976: Personal property taxes 1971 reported as persomal property taxes 1972 OutStamding ~eeem~e~ 31, 1976, per list Audit adjustments December 31, 1976: Overpaymemts Unlocated difference To be ref~ded $1.60 19.87 0redit balance July 1, 1975 amd. July 1, 1976 Outstamdi~ December 31, 1976, per list 50.92 9.11 ~tstamd~ July 1, 1975 Paymemts to treasurer July 1, 1975 to Jume 30, 197~ Outstamd~ Ju~e 30, 1976 $117.76 a56.~ Outsta~di~ July 1, 1976 Audit adjustment December 31, 1976: Personal property taxes 1975 reported as personal property taxes 1973-I975 2~.?O Payments to treasurer July 1 to December 31, 1976 Audit adjustments December 31, 1976: Oo~_tment reported Lu error Personal property taxes 1975-1975 reported as imterest on taxes a~d excise Outstaudi~g December 31, 1976, per list 110.~0 9.6O 18 $262.00 $262.00 $60.03 $97~. 3e $$77.24 19 REAL ESTATE TAXES - 197)-1,97~. Outstanding July l, 1975 Refunds July l, 1975 to June 50, 1976 $11,250.16 581.2o Payments to treasurer July l, 1975. to June 50, 1976 Transferred to tax titles July l, 1975 to June 50, 1976 Outstanding June 50, 1976 9,505.27 26.00 2,502.09 Outstanding July l, 1976 Audit adjustments December 51, 1976: Reported as real estate taxes 1975-197;%: Motor vehicle excise 1975 Sewer assessments 1975 Water assessments 1975 Committed interest 1975 To be refunded $2,502.09 181.50 17~.00 121.77~ 295.10 Audit adjustments December 51, 1976: Refunds of real estate taxes 1975 reported as real estate taxes 1975-197;% Real estate taxes 1975-197;%reported as water liens 1975-197~ Unlocated difference December 51, 1976 Outstanding December 51, 1976, per list Cash balance December 51, 1976 1,5;%9.05 15.26 116 .;%2 1,600 · 97 79.20 $11,851.~ $11,8~1. ~6 $5,560.90 $5,560.90 PERSONAL PROPERTY TAXES - 1975 Outstanding July l, 1975 Refunds July l, 1975 to June 50, 1976 $1,605.76 277.~0 Payments to treasurer July l, 1975 to June 50, 1976 Outstanding June 50, 1976 1,241.98 641.18 Outstanding July 1, 1976 Audit adjustments December 51, 1976: Personal property taxes 1976 reported as personal property taxes 1975 Real estate taxes 1975 reported as personal property taxes 1975 Overpayments To be refunded $641.18 87.98 281.52 .50 5.40 Payments to treasurer July 1 to December 51, 1976 Audit adjustments December 51, 1976: Personal property taxes 1975 reported as personal property taxes 1975-1974 Personal property taxes 1975 reported as interest on taxes and excise Unlocated difference Outstanding December 51, 1976,~ per list 124.20 2o. 70 51.05 .01 8 40.42 REAL ESTATE TAXES - 197~ Outstanding July 1, 1975 Refunds July l, 1975 to June 50, 1976 $115,882.25 219.92 Payments to treasurer July 1, 1975 to June 50, 1976 Transferred to tax titles July 1, 1975 to June 50, 1976 Outstanding June 50, 1976 79,776.02 427.80 55,898.55 Outstanding July 1, 1976 Audit adjustments December 51, 1976: Refunds of real estate taxes 1975 reported as real estate taxes 1975-1974 Reported as real estate taxes 1975: Real estate taxes 1976 Sewer assessments 1975 Water assessments 1975 Committed interest 1975 Water liens 1975 $1,549.05 757.55 182.70 879.87 458.62 428.78 To be refunded $55,898.55 4,256.57 1,018.16 2O $1,885.16 $1~885.16 $1,016.58 $1~016.58 $114,102.17 $114~102-17 $59,152.88 REAL ESTATE TAXES - 197~ (CONT.) Payments to treasurer July 1 to December 31, 1976 Audit adjustments December 31, 1976: Real estate taxes 1975 reported as: Personal property taxes taxes 1975 Motor vehicle excise 1973 Motor vehicle excise 1975 Interest on taxes and excise Abatements not reported 2 1.52 1,27~.95 251.85 .68 828.00 Unlocated difference December 31, 1976 Outstanding December 31, 1976, per list Cash balance December 31, 1976 22,779.50 2,637.00 1,066.99 9,559.4~ 3,109.95 20A Commitment July 1, 197~ to June 50, 1976, per warrant Refumis July 1, 1975 to June 50, 1976 5.82 Paymemts to treasurer July 1, 1979 to June 50, 1976 Abatements July 1, 1975 to June 50, 1976 Outstanding June 50, 1976 Outstanding July 1, 1976 Audit adjustment December 51, 1976: Overpayment To be refunded $2,57~.~1 .02 7.65 Payments to treasurer July 1 to December 51, 1976 Abatements July 1 to December 51, 1976 Audit adjustments December 51, 1976: Personal property taxes 1976 reported as: Personal property taxes 1975 Real estate taxes 1976 Outstanding December 51, 1976, per list 1,~1.68 22.95 $?.gS 22.95 1,085.52 aFm]~ ~S~A~,,, ,~,AZES -1976 Commitment July 1, 1975 to June 50, 1976, per warrant Refunds July 1, 1975 to June 50, 1976 $5,959,195.78 17,617-7~ Payments to treasurer July 1, 1975 to June 50, 1976 Abatements July 1, 1975 to Jume 50, 1976 Tr~ferred to tax titles July l, 1975 to Juae 50, 1976 Outstanding Jume 50, 1976 5,520,~56.~9 221,877.19 1,~16.78 $1~,061.16 Outstanding July 1, 1976 Refunds July I to December 51, 1976. Audit adjustments December 51, 197~. Reported as real estate taxes 1976: Personal property taxes 1976 Sewer assessments 1976 Committed interest 1976 Overpayments by collector to be refunded $22.95 122.10 26.65 $~1~,~1.16 159.98 173..7e 21 $2,981.08 $2,581.08 $5,9~,a11.52 956,811 · 92 $$16,516-71 REAL ESTATE TAXES - 1976 (Cont.) Payments to treasurer July 1 to December 51, 1976 Adjustment Julyo 1 to DecemBer 51, 1976: Real estate taxes 1976 reported as interest on taxes and excise Audit adjustments December 51, 1976: Real estate taxes 1976 reported as: Real estate taxes 1975 Water liens 1976 Outstanding December 51, 1976, per list Cash balance December 51, 1976 757.55 8.92 551,806.26 766.27 60,25~.78 2,226.12 ?E~SO~AL PROPERTY TAXES - 1977 Commitment July 1 to December 51, 1976, per warrant Abatements cancelled July 1 to December 51, 1976 $529,oo~.1~ 25.85 Payments to treasurer July 1 to December 51, 1976 Abatements July 1 to December 51, 1976 Outstanding December 51, 1976, per list 265,666.12 26~,925.61 ~EAI, ESTATE TAXES - 197~ Comm~tment July 1 to December 51, 1976, per warrant Refunds July I to December 51, 1976 Abatements cancelled July i to December ~1, 1976 Audit adjustments December 51,. 1976: Classified forest land 1977 reported as real estate taxes 1977 To be refunded $6,520,189.58 8,7~.90 518.00 20.67 159.00 Payments to treasurer July 1 to December 51, 1976 Abatements July 1 to December 51, 1976 Unlocated difference December 51, 1976 OutstandingDecember 51, 1976, per list Cash balance December 51, 1976 515,777.12 18.81 259,~55.6~ 22 $~16,516.71. $529,027.98 $~29,027~,9~ 0utstamding July l, 1975 Credit balance June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Abatements July l, 1975 to June 50, 1976 Audit adjustment December 51, 1976: Unlocated difference Credit balance July l, 1976 MOTOR VE~I.C~ EXCI~- 1971 Outstanding July 1, 1975 Payments to treasurer July 1, 1975 to June 50, 1976 Abatememts July 1, 1975 to June 50, 1976 Outstanding June 50, 1976 Outstanding July l, 1976 Commitment July l to December 51, 1976, per warrant Audit adjustments December 51, 1976: Motor vehicle excise 1972 reported as motor vehicle excise 1971 Unlocated difference To be refunded Payments 'to treasurer July I to December 51, 1976 Outstamding December 51, 1976, per list Cash balance December 51, 1976 21.~ 16.5o 58.58 1,957.51 500.65 $5ee.65 9.65 25.95 15.57 51.90 9.65 470.05 100.~ 25 $75.08 $21,.~o $2,997.25 $2,997.25 $579.68 $579.68 MOTOR VEHIC~ EXCI~' - 1972 Outstanding July l, 1975 Payments to treasurer July l, 1975 to June 50, 1976 Abatements July l, 1975 to June 50, 1976 Outstanding June 50, 1976 $1,2~0.54 7,452.10 5,579.90 Outstanding July l, 1976 Audit adjustments December 51, 1976: Motor vehicle excise 1975 reported as motor vehicle excise 1972 Overpayments To be refunded Payments to treasurer July i to December 51, 1976 Audit adjustment December 51, 1976: Motor vehicle excise 1972 reported as motor vehicle excise 1971 Unlocated difference December 51, 1976 Outstanding December 51, 1976, per list $3,579.90 71.55 .55 58.85 25.95 10.09 3,479.39 MOTOR VEHIC~ EXCISE - 19,7~,,, Outstanding July l, 1975 Adjustment July l, 1975 to June 50, 1976: Commitment not reported $15,725.01 18,000.00 Payments to treasurer July l, 1975 to June 50, 1976 Abatements July l, 1975 to to June 50, 1976 Outstanding June 50, 1976 6,589.15 13,596.7 11,557.5~ 24 $12,072.5~ $12,072.54 $5,572.26 $~,572,26 $31,725-01 $51,725.01 24a MOTOR VEHICLE EXCISE- 1973 (CONT.) Outstanding July 1, 1976 Audit adjustments December 31, 1976: Reported as motor vehicle excise 1973: Motor vehicle excise 1974 $72.60 Real estate taxes 1975 1,274.95 Abatements reported in error 320.10 Unlocated difference December 31, 1976 To be refunded $11,537.54 1 , 667.65 82.04 51.35 Payments to treasurer July 1 to December 31, 1976 Audit adjustments December 31, 1976: Commitment reported in error Refund of motor vehicle excise 1974 reported as motor vehicle excise 1973 Motor vehicle excise 1973 reported as: N~'tor vehicle excise 1972 Real estate taxes 1973-74 Interest on taxes and excise Abatements not reported Outstanding December 31, 1976, per list Cash balance December 31, 1976 9.90 5.50 71.38 181.50 108.90 312.82 343.20 690.00 12,083.17 222.21 $13,338.58 $13.338.58 MOTOR VEHICLE EXCISE - 1974 Outstanding July l, 1975 Commitment July l, 1975 to July 30, 1976, per warrants Refunds July l, 1975 to June 30, 1976 Abatements cancelled July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Abatements July l, 1975 to June 30, 1976 Outstanding June 30, 1976 Outstanding July l, 1976 Commitment July i to December 31, 1976, per warrants Audit adjustments December 31, 1976: Commitment not reported Refunds of motor vehicle excise 1974 reported as motor vehicle excise 1973 Real estate taxes 1975 reported as motor vehicle excise 1974 Overpayments Unlocated difference December 31, 1976 To be refunded Payments to treasurer July i to December 31, 1976 Audit adjustments December 31, 1976: Abatements cancelled reported in error Abatements not reported Motor vehicle excise 1974 reported as motor vehicle excise 1973 OutstandiD~ December 31, 1976, per list Cash balance December 31, 1976 $52,634.98 2,664.76 600.31 42.90 24,138.~0 16,894.73 14,909.82 $14,909.82 75.90 138.8o 5.50 251.85 .07 13.60 611.06 193.25 3,249.09 72.60 11,247.49 307.45 25 $55,942.95 $55,942. 95 $15,680o94 $15,680.9~ MOTOR VEHICLE Outstanding July l, 1975 Commitment July l, 1975 to June 30, 1976, per warrants Refunds July l, 1975 to June 30, 1976 Abatements cancelled July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Abatements July l, 1975 to June 30, 1976 Outstanding June 30, 1976 E, XC,.ISE- 1975 $128,871 · 40 351,373.31 7,994. O1 198.20 411,898.98 48,516.49 28,021.45 Outstanding July l, 1976 Commitment July I to December 31, 1976, per warrants Refunds July i to December 31, 1976 Audit adjustments December 31, 1976: Commitment list in excess of warrant Abatements cancelled not reported To be refunded Payments to treasurer July i to December 31, 1976 Abatements July I to December 31, 1976 Audit adjustmen~December 31, 1976: Motor vehicle excise 1975 reported as interest on taxes and excise Abatements of motor vehicle excise 1975 reported as motor vehicle excise 1976 Unlocated difference December 31, 1976 Outstanding December 51, 1976, per list Cash balance December 51, 1976 $28,021.$5 25,529.02 679.50 19.80 160.88 47.85 25,903.51 2,455.16 .36 595.25 122.#2 21,559.65 26 $~B8,$56.92 1976 Comm4tment July 1, 1975 to June 50, 1976, per warrants Refunds July 1, 1975 to June 50, 1976 Abatements cancelled July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Abatements July 1, 1975 to June 50, 1976 Outstanding June 50, 1976 Outstanding July 1, 1976 Commitment July 1 to December 51, 1976, per warrants Refunds July 1 to December 51, 1976 Abatements cancelled July 1 to December 51, 1976 Audit adjustments December 51, 1976: Comm~_tment not reported Overpayments Abatements of motor vehicle excise 1975 reported as motor vehicle excise 1976 Unlocated difference December 51, 1976 To be refunded Payments to treasurer July 1 to December 51, 1976 Abatements July 1 to December 51, 1976 Audit adjustments December 51, 1976: Abatements cancelled reported in error Abatements not reported Outstanding December 51, 1976, per list Co~m~_tment July 1, 1975 to June 50, 1976, per warrant Payments to treasurer July l, 1975 to June 50, 1976 $5e5, 91.65 1,557.15 52.$o 25,705.68 2~,55~.~6 156,075.05 6,7~9.25 9-90 158.60 595.25 8.10 5~'99 52,949.25 52.80 .98 5~,~7~.09 27 $507,101.6~ $ o?,101.6o $19.8o CLASSIFIED ,~OREST LAND- 1977 Commitment July 1 to December 51, 1976, per warrant Audit adjustment December 51, 1976: Classified forest land 1977 reported as real estate taxes 1977 FARM EXCISE - 197~ Audit adjustment December 51, 1976: Commitment recorded in error Credit balance July l, 1975 and July l, 1976 FARM. E~,CISE - 1975 Commitment July l, 1975 to June 50, 1976, per warrant Payments to treasurer July l, 1975 to June 50, 1976 FARM EXCISE - 1976,, Commitment July 1 to December 51, 1976, per warrant Audit adjustment December 51, 1976: Commitment reported in error Payments to treasurer July 1 to December 51, 1976 $725.85 .20 UNAPPORTIONED EEWERASSESF~MENTS ~dtstauding July 1, 1975 Commitment July 1, 1975 to Jume 50, 1976, per warrant $57, ~5.9~ 20,566 · O0 Payments to treasurer July 1, 1975 to June 50, 1976 Apportionments July 1, 1975 to June 50, 1976 Abatements July l, 1975 to June 50, 1976 Outstanding June 50, 1976 10,656.$0 50,520.60 1,~6.00 55,61~8.9~ 28 $2e.67 $20.67 $.50 $8e5.51 $8o5.51 $72~.05 $78,111-9~ UNAPPORTIONED SEWER ASSESSMENTS (CONT.) Outstanding July l, 1976 $55,648.9~ To be refunded 102.00 Payments to treasurer July I to December 51, 1976 Audit adjustments December 51, 1976: Apportionments not reported Abatements not reported Outstanding December 51, 1976, per list 5,612.96 472.00 55.0o 51,652.98 SEWER ASSESSMENTS - 1973 Outstanding July l, 1975 and July l, 1976 Audit adjustment December 51, 1976: Sewer assessments 1975 reported as real estate taxes 1975-1974 SEWER ASSESSMENTS - 1975. Outstanding July 1, 1975' and July 1, 1976 Audit adjustment December 31, 1976: Sewer assessments 1975 reported as real estate taxes 1975 SEWER ASSESSMENTS - 1976 Commitment July 1, 1975 to June 30, 1976, per warrant Payments to treasurer July l, 1975 to June 30, 1976 Outstanding June 30, 1976 $~,806.95 452.70 Outstanding July l, 1976 Audit adjustment December 31, 1976: Committed interest 1976 reported as sewer assessments 1976 Audit adjustments December 51, 1976: Sewer assessments 1976 reported as: Real estate taxes 1976 Water assessments 1976 Outstanding December 51, 1976, per list $122.10 297.60 $452.70 27.00 419.70 60.00 29 $55,750.94 $~5,75o,9~ $177.0o $177..00 $182.70 $182.7© $5,259.65 $~,259-6~ $~79.70 $ 79.7© ~ ..A. SSES~S- .1977 Commitment July 1 to December 51, 1976, per warrant Audit adjustmemts December 31, 1976: Street assessments 1977 reported as sewer assessments 1977 Payments to treasurer July i to December 31, 1976 Outstanding December 31, 1976, per list 13.2~ 263 ~RTIONED SEWER ASSES~NTS - N~T DUE Zalauce July 1, 1975 Apportionments July 1, 1975 to June 30, 1976 $23,957.13 30,320.60 Payments to treasurer in advance July l, 1975 to June 30, 1976 Added to taxes July l, 1975 to June 50, 1976: Levy of 1976 Zalance June 30, 1976 5,259.65 ~,560.5~ )alauce July l, 1976 Audit adjustment December 31, 1976: Apportionments not reported $~8,560.58 ~72.00 Payments to treasurer in advance July I to December )l, 1976 Added to taxes July I to December 31, 1976: Levy of 1977 )alance December 31, 1976, per list: Due in 1977 to 1985, inclusive 1,305.00 8,5¥!.65 39,1S2.93 A Smmm s- 19,Z , Commitment July 1, 1975 to June 30, 1976, per warrant Payments to treasurer July 1, 1975 to June 30, 1976 Transferred to tax titles July 1, 1975 to June 30, 1976 23.89 3O $~,,277.75 $579.1g s~m~, ASS~,s,,mem~S - 1977 Oommitmemt July 1 to December 51, 1976, per warr~t Payments to treasurer July 1 to December 51, 1976 Audit adjustment December 51, 1976: Street assessments 1977 reported as sewer assessmemts 1977 APPORTIONED STW~I~.T ASSES~S - NOT DUE lalamce July 1, 1975 Added to taxes July 1, 1975 to Jume 50, 1976: Levy of 1976 lalance Juae 50, 1976 $579.15 758.28 ~alamce July 1, 1976 ? Added to taxes July 1 to December 51, 1976: Levy of 1977 Audit adjustment December 51, 1976: Paymemts to treasurer in advamce mot recorded ~ala~ce December 51, 1976, per list: ~'e in 1977 $579.1~ 25.89 555.25 UN,APPORTIONED WA ~TER ASSES~2~TS Commitment July 1 to December 51, 1976, per warrant Payments to treasurer July 1 to December 51, 1976 Audit adjustments December 51, 1976: Abatements not reported Unapportioned water assessments suspended not reported Outstauding December 51, 1976, per list $5,596.00 900 90o.o0 ? ,520.OO 31¸ $579.1~ $1,157.$2 $75s.28 $7~.2~ $12,516.00 WATER ASSESSMENTS - 1973 Outstanding July 1, 1975 and July 1, 1976 Audit adjustment December 31, 1976: Water assessments 1973 reported as real estate taxes 1973-1975 WA~mm, A~S~S~S -,~ 1975 Outstanding July 1, 1975 Payments to ~reasurer July 1, 1975 to June 30, 1976 Abatements July 1, 1975 to June 30, 1976 Outstanding June 30, 1976 Outstanding July l, 1976 Audit adjustment December 31, 1976: Ref~s not recorded Audit adjustment December 31, 1976: Water assessments 1975 reported as real estate taxes 1975 Commitment July 1, 1975 to Jume 30, 1976, per warrant Credit balance June 30, 1976 Payments to treasurer July 1, 1975 to June 30, 1976 Abatements July 1, 1975 to Jume 30, 1976 Audit adjustment December 31, 1976: Sewer assessments 1976 reported as water assessments 1976 Credit balance July 1, 1976 Outstamding December 31, 1976, per list $105.O0 60.00 819.87 $~19.s7 60. O0 222.60 5,621 · 96 60 · O0 $222.60 75o~ 32 $121.77 $121.77 $98~-.87 $879.87 $879.8? $5,~1.96 $5,681.96 $297.6e $297-6o WATER ASSESSMENTS - 1977 Commitment July 1 to December 51, 1976, per warrant Payments to treasurer July 1 to December 51, 1976 Audit adjustment December 51, 1976: Water assessments 1977 reported as commltted interest 1977 Outstanding December ~l, 1976, per list 60.~ APPORTIONED WATER ASSESSMENTS - NOT D~E Jalamce July l, 1975 Payments to treasurer in advance July l, 1975 to Jume 30, 1976 Added to taxes July l, 1975 to Ju~e ~0, 1976 Jalauce June ~0, 1976 ~,591.~2 · alance July l, 1976 Adjustment July i to December 31, 1976: Added to taxes reported in error Payments to treasurer in advance July I to December 31, 1976 Added to taxes July I to December 51, 1976 · alauce December 51, 1976, per list: Due in 1977 to 1995, inclusive $)),~91.~2 120.00 1,156.00 ~,~57.~6 28,097.96 SUSPENDED WATER ASSESS~TS ]alance July l, 1975aud July 1, 1976 Audit adjustment December ~1, 1976: Unapportioned water assessments suspended not reported ]alamce December 51, 1976, per list $9,6~-00 COMMITTED INTEREST - 1973 Outstanding July l, 1975 and July l, 1976 Audit adjustment December 31, 1976: Committed interest 1973 reported as Real estate taxes 1973-1974 COMMITTED INTEREST Outstanding July l, 1975 Payments to treasurer July l, 1975 to June 30, 1976 Abatements July l, 1975 to June 30, 1976 Outstanding June 30, 1976 - 975 Outstanding July l, 1976 Audit adjustment December 31, 1976: Refunds not recorded Audit adjustment December 31, 1976: Committed interest 1975 reported as real estate taxes 1975 $~6.60 24.50 414.12 $41~.12 24.50 $475.22 $~38.62 $z1-,~6.62.. COMMITTED INTEREST- 1,976 Commitment July 1, 1975 to June 30, 1976, per warrant Payments to treasurer July 1, 1975 to June 30, 1976 Abatements July l, 1975 to June 30, 1976 Transferred to tax titles July l, 1975 to June 30, 1976 Outstauding June 30, 1976 Outstanding July 1, 1976 Audit adjustments December 31, 1976: Committed interest 1976 reported as: Real estate taxes 1976 Sewer assessments 1976 Outstanding December 31, 1976, per list $26.65 27.00 024.58 27.00 2.87 68.05 $53.65 l~ .tO $3,122.50 $68.05 $68.o5 C~MHITTED INTEREST r 1977 Commitment July 1 to December 51, 1976, per warrant Audit adjustment December 51, 1976: Water assessments 1977 reported as commi~tted interest 1977 Payments to treasurer July 1 to December 51, 1976 Outstanding December 51, 1976, per list Cash balance July 1, 1975 Collections July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Cash balance June 50, 1976 Cash balance July 1, 1976 Collections July 1 to December 51, 1976 Adjustment July i to December 51, 1976: Real estate taxes 1976 reported as interest on taxes and excise Payments to treasurer July 1 to December 51, 1976 Cash balance Decmmber 51, 1976 MUNICIPAL LIE~NS Cash balance July 1, 1975 Collections July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Cash balance June 50, 1976 Cash balance July 1, 1976 Collectioms July 1 to December 51, 1976 Payments to treasurer July 1 to December 51, 1976 Cash balance December 51, 1976 810.79 105.29 $28.58 14,740.87 1~,7~.87 28.58 $28.58 20,916.50 1,~65.28 22,5?9.58 $6.00 2,$50.00 12.00 $12.00 1,$18.00 1,~06.00 24.00 56 $5,916.O8 $5,916.O8 . $1~-, ~9.25 $1%769,.2 $22,~O7.96 $22,~1.07.c)6 $2 ,~56.00 TAX TIT~$ Balance July 1, 1975 Transferred to tax titles July 1, 1975 to June 50, 1976: Taxes 1975-1974 Taxes 1975 Taxes 1976 Street assessments 1976 Committed interest 1976 Interest and costs $26.00 1, ~16.78 25.89 2.87 87.47 Tax titles redeemed July 1, 1975 to June 50, 1976 Balance June 50, 1976 1,9~.81 2,~25.~ 9 Balance July 1, 1976 Tax titles redeemed July 1 to December 51, 1976 Balance December 51, 1976, per list $1,595.~7 8,2o9.21 TAX POSSESSIONS Jalamce July 1, 1975 amd July 1, 1976 Audit adjustment December 51, 1976: Selling price in excess of book value Payments to treasurer July 1 to December 51, 1976 Jalauce December 51, 1976, per list $5,587.7~ 199.00 200.00 5,586.74 INTEREST AND COSTS ON TAX TITLES Collections July l, 1975 to June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Collections July I to December 51, 1976 Payments to treasurer July i to December 51, 1976 57 $12,250.16 $12,250.16 $9,80~. 68 $1~0.58 TOWN CT,ERK ~Dog Licenses Cash balance July l, 1975 Licenses issued July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Fees retained July l, 1975 to June 30, 1976 Cash balance June 30, 1976 Cash balance July l, 1976 Licenses issued July i to December 31, 1976 Payments to treasurer July I to December 31, 1976 Fees retained July i to December 31, 1976 Cash balance December 31, 1976 Sporting Licenses Licenses issued July l, 1975 to June 30, 1976 Payments to Division of Fisheries and Game July l, 1975 to June 30, 1976 Fees retained July l, 1975 to June 30, 1976 Cash balance June 30, 1976 Cash balance July l, 1976 Licenses issued July i to December 31, 1976 Payments to Division of Fisheries and Game July I to December 31, 1976 Fees retained July i to December 31, 1976 Cash balance December 31, 1976 $6.35 2,407.00 1,950-45 255.15 207-75 $207.75 528.00 623.25 58°45 54.05 $7,617.75 252.50 379-75 $379.75 1,278.25 1,550.75 51.25 56.00 $2,413.35 $735.75 $8,250.00 $8~250.00 $1,658.00 $1,6~8.0,0 38 TOWN Miscellameous ,Receipts Receipts July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to Jume 50, 1976 Cash balance June )0, 1976 Cash balance July 1, 1976 Receipts July 1 to December 51, 1976 Payments to treasurer July 1 to December )1, 1976 Cash balamce December 51, 1976 Reconciliatiom of 0ash Cash balance December 51, 19~, per tables: Dog licenses Sporting licemses Miscellaneous receipts Cash on hand December 51, 1976, verified DEPARTMENT Licenses and permits issued July 1, 1975 to June )O, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Licenses amd permits issued July 1 to December 51, 1976 Payments to treasurer July 1 to December 51, 1976 $2,976.)9 225.50 $225.5O 1,476.07 1,49).94 205.65 56.oo 205.6) 39 $5,199.s9 $},199.S9 $1,699.57 $14,766.00 $14,?,66.oo PLANNING iOARD Receipts July 1, 1975 to Ju~e 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Receipts July i to December 51, 1976 Payments to treasurer July I to December 51, 1976 IOARD O~ ~S Receipts July l, 1975 to Jume 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Receipts July 1 to .December 51, 1976 Payments to treasurer July 1 to December 51, 1976 Receipts July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Receipts July 1 to December 51, 1976 Payments to treasurer July 1 to December 51, 1976 POLIOE DEPARTMENT Receipts July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to Jume 50, 1976 Cash balamce Ju~e 50, 1976 $606.00 $14.00 Cash balance July 1, 1976 Receipts July 1 to December 51, 1976 Cash balance December 51, 1976, verified 56O.OO $1oo.oo,, $200.0o $15o.oo S1, o.o0 $25.0e $1,020.00 $1 ~,020~e109 $77~.o0 $774.00 FIRE DEPARTHENT Receipts July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Receipts July 1 to December 51, 1976 Payments to treasurer July 1 to December 51, 1976 $62.05 $ .5o $30.50 ~UILDING INHPEC~R Permits issued July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Cash balance June 50, 1976 Cash balance July 1, 1976 Permits issued July 1 to December 51, 1976 Payments to treasurer July 1 to December 51, 1976 Cash on hand December 51, 1976, verified WIRE INDOOR Permits issued July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Cash balance June 50, 1976 Cash balance July 1, 1976 Permits issued July 1 to December 51, 1976 Payments to treasurer July 1 to December 51' 1976 Cash on hand December 51, 1976, verified $14,~".7.21 1, SlO.oo $1,510.00 8,912.50 9,558.50 88~.00 $4,500.00 955.OO $955.00 2,955.00 5,560.00 550.0o $15,757.21 $.1.:5,757.21 $10,222.50 ~,!0,222. $5,255.00 $5 $5,890.00 $ ,89o..o.o Licenses amd Permit,s Licenses and permits issued July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Cash balance June 50, 1976 Cash balamce Julyl, 1976 Licenses and'permits issued July 1 to December 51, 1976 Payments to treasurer July 1 to December 51, 1976 Cash on hamd December 51, 1976, verified Plumbi~ Inspector Permits issued July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Cash balance June 50, 1976 Cash balance July 1, 1976 Permits issued July 1 to December 51, 1976 Payments to treasurer July 1 to December 51, 1976 Cash on hand December 51, 1976, verified $5,852.30 629.OO $629.OO 195 · O0 5~9.0o $1,659.00 115.00 $115.00 1,725.00 1,7~7.00 91.OO $ 5,752.00 $5,7~2.00 $1,775.00 ~1,77~.00 $1~858.00 ~. CONSTRUCTION AND Accounts Receivable Outstanding July 1, 1975 Charges July 1, 1975 to June 50, 1976 $6,555. 9,28~.58 Payments to treasurer July 1, 1975 to June 50, 1976 Abatements July 1, 1975 to June 50, 1976 Outstanding June ~, 1976 11,625.69 107.70 ~,08~.55 Outstanding July 1, 1976 Charges July t to December 51, 1976 Refunds July i to December 51, 1976 Audit adjustments December 51, 1976: Charges not reported Water construction and miscellaneous accounts receivable reported as sewer construction and miscellaneous accounts receivable Abatements of water constriction and miscellaneous accounts receivable reported as sewer construction and miscellaneous accounts receivable Overpayments Payments to treasurer July 1 to December 51, 1976 Audit adjustment December 51, 1976: Refunds of sewer ~rates accounts receivable reported as sewer construction and miscellaneous accounts receivable Outstanding December 51, 1976, per list Cash balance December 51, 1976 $~,08~.55 7,~98.~1 9-25 7,195.98 L 15 90.00 200.00 11,310.85 9-25 7,7~'8..5~+ 8.70 COUNCIL ON AGING PettyOash Advance Advance December 51, 1976 Cash on hand December 51, 1976, verified $15,817.94 $15,817.9~ $i9,077. $19,077.5~ $50.~ $ o.o0 VETERANS ' ~ERVICES DEPARTMENT Accounts Receivable Outstamding July 1. 1975 Charges July 1, 1975 to Jume 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Abatements July 1, 1975 to June 50, 1976 Outstamding June 50, 1976 Outstamding July 1, 1976 Charges July 1 to December 51, 1976 Audit adjustment December 51, 1976: Charges not recorded Payments to treasurer July 1 to December 51, 1976 Outstanding December 51, 1976, per list SONOOL DEPARTMENT Accounts Receivable Outstanding July 1, 1975 and July 1, 1976 Outstanding December 51, 1976, per list ~iscellameous Receipts,, Receipts July 1, 1975 to Jume 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Receipts July 1 to December 51, 1976 Payments to treasurer July 1 to December 51, 1976 Cash balance December 51, 1976, verified $18,560.57 9,629.88 15,0~2.$1 s7.5o 15,~60.15 $15,860.15 5,506.'!'~ .01 6,9~7.52 12,$19.27 $5,758.61 15.00 $27,990.~5 $27,99o.~5 $19,566.59 $19, ~66.59 $1,978- 5~ $1,978.5~ $15,297.09 $1~,297.09 $5,755.61 $~,755.61 SCHOOL DEPARTMENT Lumch Program Receipts July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Receipts July i to December 31, 1976 Payments to treasurer July i to December 31, 1976 Athletic Activities Receipts July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Receipts July i to December 31, 1976 Payments to treasurer July I to December 31, 1976 Pett~ Cash Advance Advance December 31, 1976 Cash on hand December 31, 1976: In office, verified Memoranda, per vouchers $57.42 $250,073~82 $111,779.38 $7,673.18 $7,675.18 $6,302.06 $6,~02.06 $100.00 $100.00 STEVENS MEMORIAL LIBRARY ...Receipts Receipts July l, 1975 to June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Cash basance June 50, 1976 $1,111.87 125.9# Cash balance July l, 1976 Receipts July i to December 51, 1976 $125.94 56~.58 Payments to treasurer July I to December 51, 1976 Cash balance December 51, 1976, verified 600.97 87.55 Petty Cash Advance Advance December 51, 1976 Cash on hand December 51, 1976, verified RECREATION DEPARTMENT Receipts July l, 1975 to June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 WATER LIENS- 1973-1974 Audit adjustment December 51, 1976: Real estate taxes 1975-1974 reported as water liens 1975-197# Credit balance July l, 1975 amd July l, 1976 WATER LIENS - 1975 Outstanding July l, 1975 and July l, 1976 Audit adjustment December 51, 1976: Water liens 1975 reported as real estate taxes 1975 Outstanding December 51, 1976, per list $428.78 59.56 47 $1,255-81 $688.52 $688.~52., ...... $So.oo. $5o.oo ~1,157.00 1,157.oo $15.26 $468.14 WATER. LIEN.S.- 1976 Commitment July 1, 1975 to Jume 50, 1976, per warrant Payments to treasurer July l, 1975 to June 50, 1976 Outstanding June 50, 1976 Outstanding July l, 1976 Audit adjustment December 51, 1976: Real estate taxes 1976 reported as water liens 1976 Payments to treasurer July I to December 51, 1976 Outstanding December 51, 1976, per list ,1977 Commitment July I to December 51, 1976, per warrant Payments to treasurer July 1 to December 51, 1976 Outstanding December 51, 1976, per list WATER DEPARTMENT Reconciliation of Cash Cash balance per tables, December 51, 1976: Water rates Water construction and miscellaneous Sewer construction and miscellaneous Water and sewer guarantee deposits: Deposits $18,~51.21~ Refunds ~,079.77 Petty cash advance December 51, 1976 Unidentified receipts December 51, 1976 Cash on hand December 51, 1976: Arlington Trust Company In office, verified Due from town: Overpayment of water oonst~otion and miscellameous accounts receivable Due from depositors $2,515.58 lO5-58 $1o5.58 8.92 12.00 lOO.5O $29,675 · 80 ll ,O~6.28 $1,559.88 100.00 8.70 22,530.98 lO0.O0 5,589.55 28,800.91 2OO.OO 458.00 250.18 ~8 $2,~16.96 $2,~16.96 $112.50 $112.5o $~0,722.05 $.0,722.98 $ 29,689.09 $29..,.689.09 WATER DEPARTMENT ,,R. econc,n,l,iation of Cash (CONT.) .A?..lington Trust Oompan~ Balance December 31, 1976, per statement Deposits in transit December 31, 1976, verified Checks to be redeposited December 31, 1976 Balance December 31, 1976, per check book Outstanding checks December 31, 1976, per list Rates Outstanding July 1, 1975 Charges July 1, 1975 to June 30, 1976 Payments to treasurer July 1, 1975 to June 30, 1976 Transferred to water liens 1976 July l, 1975 to Jume 30, 1976 Adjustment July l, 1975 to June 30, 1976: Water rates reported as water and sewer ~aarantee deposits Outstanding June 50, 1976 Outstanding July 1, 1976 Charges July 1 to December 31, 1976 Refunds July I to December 31, 1976 Audit adjustment December 31, 1976: Charges not reported Payments to treasurer July 1 to December 31, 1976 Transferred to water liens 1977 July I to December 31, 1976 Outstanding December 31, 1976, per list Cash balance December 31, 1976 $130,697.O1 55,726.27 62.18 28,800.91 157,68~.55 $~3,830.91 238,137.99 169,~03.~3 2,~16.96 ~,$20.O0 106,728.51 $106,728.51 136,516.58 7.2O 885.98 150,O29.32 40,722.08 52,026.99 1,359.88 ¢9 $186.~85.~6 $1.86 ,~85.46 $281,968.90 $281,.968..99 138.27 $2~,138.27 WATER DEPARTMENT Water Construction and Hiscellaneous Accounts Receivable Outstanding July l, 1975 Charges July l, 1975 to June 30, 1976 Credit balance June 50, 1976 $15~595.96 12,866.48 5,252.06 Payments to treasurer July l, 1975 to June 30, 1976 Charges July I to December 51, 1976 Audit adjustments December 51, 1976: Charges not reported Overpayments Due to water department $15,426.9# 19,824.77 66.61 458.oo Credit balance July l, 1976 Payments to treasurer July I to December 51, 1976 Audit adjustments December 31, 1976: Abatements of water construction and miscellaneous accounts receivable reported as sewer construction and miscellaneous accounts receivable Refunds of water and sewer guarantee deposits reported as water construction and miscellaneous accounts receivable Water construction and miscellaneous accounts receivable reported as sewer construction and miscellaneous accounts receivable Outstanding December 51, 1976, per list Cash balance December 51, 1976 5,252.06 13,161.74 9O.OO 1,177.82 1.15 17,995.55 100.00 Water and Sewer Guarantee Deposits Balance July l, 1975 Debit balance June 30, 1976 $5,420.00 1,524.57 Refunds July l, 1975 to June 30, 1976 Adjustment July l, 1975 to June 50, 1976: Water rates reported as water and sewer guarantee deposits 1,524.57 5,420.00 Cash balance December 51, 1976: Deposits Refunds J $18,451.21 ~ 4,079.77 5O $51,694.50 $51,694.~0 $55,756.52 $55,756.52 $#, 9'~'~ .57 $22,550.98 WATER DEPARTMENT Water and Sewer Guaran~.ee Deposits (Cont.) Debit balance July l, 1976 Refunds July I to December 31, 1976 Adjustment July i to December 31, 1976: Refunds of water and sewer guarantee deposits reported as water construction and miscellaneous accounts receivable Balance December 31, 1976, per list 1,524.37 1,377.58 1,177.82 18,451.21 GREATER LAWRENCE SANITARY DISTRICT Sewer Rates - Accounts Receivable Charges July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Outstanding June 30, 1976 $2,556.29 Outstanding July l, 1976 Charges July I to December 31, 1976 Audit adjustment December 31, 1976: Refunds of sewer rates accounts receivable reported as sewer construction and miscellaneous accounts receivable Payments to treasurer July I to December 31, 1976 Audit adjustment December 31, 1976: Charges reported in error Outstanding December 31, 1976, per list $313.35 100,078.78 9.25 55,188.93 50.99 47,161.~6 $22,550.98 $2,869.64 $2,869.64 $100,~01.38 $100,401.38.. On Nand July 1, 1975 June 50, 1976 December 51, 1976 Income Income On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income ADDIE C. ARMITAGE CNARITT FUND In Custody of Town Treasurer Savings ~e~osits $9,515.85 9,971.45 10,675.19 Receipts Payments Jul;~ 1, 1975 to June 30, 1976 $655.61 Added to savings deposits Jul~ 1 to December 31, 1976 $701.74 Added to savings deposits JOSEPH M. AND SUSAN F. STONE CNARITY FUND In..Custod~ of Town~ Treasurer Savings Deposits $10,000.00 10,000.00 10,000.00 _~ Payments July 1, 1975 to June 30, 1976 Transferred to town Ju!~ 1 to December .Fl, 1976 $267.84 Transferred to town Total $9,515.8$ 9,971.45 10,675.19 $65~.61 $7Ol.74 Total $10,0OO.O0 10,000.00 10,000.O0 Income $267-~ On Eand July 1, 1975 June 50, 1976 December 51, 1976 On Hand July 1, 1975 June 50, 1976 December 51, 1976 TAYIDR CNARITY FWD ,!m Custody of Towm Trea,surer, Savings Deposits $195.5o 195.5o 195.5o Rece,.ipts Payments July 1, 1975 to June ~0, 1976 No transactions recorded ~ply 1 to December 31, 1976 No transactions recorded SCHOOL FWD Custody of Town ~easUrer Savings ,$eposits. $2,~29.54 2,429.~ 2,959.7~ R,eceipts Payments July 1~,, ,197~ to June 50~ 1976. No tramsactions recorded JUly 1 t9 December 31, 1976 Total $195.50 195.5o 195.50 TOtal 2,429.~ 2,959.74 Income $510.40 Added to savings deposits $510.~0 On ~and July 1, 1975 June 30, 1976 December 31, 1976 Income Income On Hand July 1, 1975 June 30, 1976 December 31, 1976 ~SES TOWNE SCHOOL FROND In Custody of To.w~ Treasurer Savings Deposits $6,718.55 7,276.81 7,589.63 Receipts Payments July 1, 1975 to June 30, 1976 $~58.26 Added to savings deposits July 1 to December ~,!, 1976 $313.82 Added to savings deposits NERMAN KOIER CEMETERY PERPETUAL CARE FUND In Custody of Town Treasurer Savings Deposits $100.00 100.00 100.00 Receipts Pa~ment,s Income Payable to the Ridgewood Cemetery Association 5~ Total $6,718.55 7,276.81 7,589.63 $558-26 Total $100.00 100.00 100.00 On Har~_ July 1, 1975 June 50, 1976 December 51, 1976 KATE N,. STEVENS .OLD BURYING GROb~D. FUND In Cust;od~ of Tow~ Treas.~. er Savings Deposits 5o5.~ 525.~O Receipts Payments Income July 1, 1975 to June. 50, 1976 ~ Added to savings deposits July 1..5o.. December 51, 1976 Income $19,,.5~ Added to savings deposits On Kand July 1, 1975 June 50, 1976 December 51, 1976 Income STA~ILI~TION FUND In Custod~ of Town Treasure? Savings Deposits $18,95.55 20,969.47 22,191.78 Receip.ts Payments July .!, 197~ to. June 50, 1976 $2,05~.1$ Added to savings deposits July 1 to Decembe? 31, 1976 $1~2.22~}1 Added to savings deposits 55 Total $287.45 $18.59 $19..~6 Total $18,956.55 20,969.47 22,191.78 $2,055.1~ Income $1...,.222.51 On Hand July 1, 1975 June 30, 1976 December 31, 1976 Income Income On Hand July 1, 1975 June 30, 1976 December 31, 1976 Income Cash on hand July 1, 1975 Sale of securities Income Cash on hand July l, 1976 CONHERVATION FUND .IR.Custody of TOWn Treas~er Savings Deposits $8,556.00 9,153.23 Payments July 1., 1975 to June 30, 1976 $117.33 Added to savings deposits .July ! to December 31, 1976 $~79.90 Added to savings deposits GEORGE W. AND R~N E. BERRIAN. MEMORIAL FUND In Custody of, Librar~ ~,,ustees' Securities Cash ~OOk Value Total $8,556.00 8,673.33 9,153.23 $117.33 $479.90 Total $80.82 $1,~69.39 $1,550.21 118.77 1,~69.39 1,588.16 357.65 1,217.17 1,574.82 Payments Receipts Jul~ !, ,1975, to June }0, 1976. 56 $82.80 80.82 $163.62 Expenditures Cash on hand June 30, 1976 July 1 to December ]1, 1976 $252.22 Loss on sale of 48.63 securities Cash on hand 118.77 December 31, 1976 $~i9'.'62 $~.85 118.77 $419.62 ANNE ~WADS~T LIaR_ART FWD .In Custody of Librar~ Trustees On Nand Cash Securities Book Value July 1, 1975 June 50, 1976 December 51, 1976 69.55 $1,469.59 1,469.59 1,217.17 ReCeipts Pa~ment,S July 1, 1975 to Ju~..e .50, 1976 Income Cash on hand July l, 1975 $82.79 Expenditures Cash on hand June 50, 1976 .... 603.08 $685.87 July 1 to December ]1, 197~ Sale of securities Income Cash on hand July 1, 1976 $252.22 Loss om sale of securities ~.65 Cash on hand December 51, 1976 69.55 CEA~T.R8 WNITNEY DAVID LIBRARY FWD In Custody of Libra~j Trustees On Hand Cash Securities Book Value July 1, 1975 June 50, 1976 December 51, 1976 289.94 597.~ Receipts $15,029.90 15,029'90 15,029.90 Pa2ment~ Income Cash on hand July 1, 1975 .j.ul~ !, 1975 ~o June 50, 1976 $718.75 ~enditures ~5.05 CaSh on hand Jume 50, 1976 ~1~ 1 to December 51, 1976 Income $559.~o Expenditures Cash on hand July l, 1976 289.94 Cash on ha~d December 51, 1976 57 Total $2,072.47 1,525.62 $616.52 69.55 $685.87 $61.97 508.45 Total $15,574.95 15,519.8~ 15,427.74 $775.86 289.9~ $251.5o $649.54 On Hand July 1, 1975 June 30, 1976 December 31, 1976 Income Cash on hand July 1, 1975 Sale of securities Income Cash on hand July 1, 1976 PNILV,IPS LIBRARY FUND In Custody of Library Trustees Cash Securities · ook Yalue $313.13 677.04 Receipts $2,938.78 2,938.78 Pa~nents July l, 1975 to June 30, 1976 $330.81Expenditures Cash on hand June 30, 1976 Jul~ 1 to December ~1., 1976.. $~.43 Loss on sale of securities 28~.58 Expenditures Cash on hand 193.93 December 31, 1976 $982.94 FANN~ G. REYNOLDS LIBRARY~D In Custody, of Librar~ Trustees On Hand July 1, 1975 June 30, 1976 December 31, 1976 Cash 1,703-88 6,9~2.86 ~curities · ook Value $37,575.25 37,575.25 31,125.6o Receipts Payments ~.uly 1, 1975 to. June. 30, 1976.. Income Cash on hand July 1, 1975 $2,224.52 oExpenditures ash on hand June 30, 1976 Sale of securities Income Cash on hand July 1, 1976 July 1 to December ~1, 1976 $6,Au~9.65 Loss on sale of securities 1,243.99 _~endit~mres 1,703.88 Cash on hand Decmmber 31, 1976 $9 ,'397.'52 58 Total $3,251-91 3,132.71 3,111.39 $~.5O.Ol 193.93 $6~3.94 $123.93 181.97 677.0~ $982.94 Total $38,~5S. 57 38,068.~6 $1,~3-96 1,703 · 88 $1,58~- 58 870.08 6,9~2-~ On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July l, 1975 Sale of securities Income Cash on hand July l, 1976 On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July l, 1975 ABBOTT STEVENS LIBRARY FUND ,~n Oust,,o,d[ o,f Librar~ Trustees Cash Securities Book Value $1,722.75 2,50~.19 6,016.47 $26,625.56 26,625.56 22,055.22 Receipts Payments July 1, 1975 to June 50,. 197.6 $1,576.27 Expenditures Cash on hand June 50, 1976 1,722.75 $5,299.02 Jul[, 1, to December 51, 1976 $~,570.14 Loss on sale of securities 881.47 Expenditures Cash on hand December 51, 2,50~.19 1976 $7,755.80 DAT,R STEVENS CNILDREN'S ~OOK FUND In Custod[ of Librar[ Tru,stees Securities Cash Book Value $559.61 554.95 2,575.87 $14,695.91 14,695.91 12,171.75 Receipts Payments Jul7 1, 1975 to June 50, 1976 $828.25 Expenditures Cash on hand June 50, 1976 559.61 $1,187.8~ Total $28,~.11 28,929.55 28,071.69 $99~.85 2,50~.19 $ 5,299 · 02 $1,122.81 616.52 6,016.47 $7,755.80 Total $15,055.52 15,228.84 14,545.62 $652.91 554.95 Sale of securities Income Cash on hand July 1, 1976 STEVENS CNILIR~EN'S BOOK FUND (CONT.) In Oustod,~ of Librar~ T~astees (Cont.) July I to December ~l~ 1976 $2,522.16 Loss on Sale of securities ~6.48ExpenditureS Cash on hand 5~.95 December 51, 1976 $5,5~5.57 On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July 1, 1975 ELI~TNP. STEVENS FUND In Custody of Librar~ Trustees Securities Cash Book Value $297.70 178.49 1,628.60 $11,755-12 11,755.12 9,757-~ Receipts .P. ayme.nts July 1, .1975 to June }0, 1976 $656.59 Expenditures Cash on hand 297.70 June 50, 1976 $9~+.29 July 1 to December 51, 1975 Sale of securities Income Cash on hand July 1, 1976 $2,017.72 Loss on sale of 589.18 securities 178.49 Expenditures Cash on hand December 51, 1976 6o I $619.66 55o.o~ 2,575.87 $ 5 , 5~5 . 57 Total $12,052.82 11,955.61 11,566.00 $775.80 178.49 $9~.29 $~95.72 ~1.o7 1,628.60 $2,585.59 $2,585.59 61 MOSES T. STEVENS FUND On Hand July l, 1975 June 30, 1976 December 31, 1976 In Custod~ of Librar~ Trus~ee~ Cash Securities Book Value 427.01 1,911.93 $10,650.14 10,650.14 8,822.08 Total $10 ~'J~ ~ 11, O77.15 10,7~-O1 Income Cash on hand July l, 1975 Receipts Payment.s Jul~ l, 1975 ~o June 30, 1976 $630.51 Expenditures Cash on hand 19~.43 June 30, 1976 $824.94- $397 427.O1 $824.94 Sale of securities Income Cash on hand July l, 1976 Jul~l to December 31, 1976... $1,828.06 Loss on sale of securities 352.~9Expenditures 427.01 0ash on hand December 31, 1976 $2,607.66 $ 2,607.~ 66 July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July 1, 1975 Sale of securities Income Cash on hand July l, 1976 62 NATEANTEL AND ELIZA~ETN P. STEVENS FWD In Custody of Library ~ust.ee.s Securities Cash Book Value Tgtal .... $5,~60'10 ~,225.~ 8,816.55 $~,'?{9.0) 26 ,,/,o n~ 2159~.15 $29,909.15 50,725.70 Repeipts, PaYment~ July 1, 1975 to June }0, 1976 $2,119.96 5, ~60.10 $5,580.06 Expenditures Cash on hand June 50, 1976 $1,555.72 $,225.~ $5,58o. O6 July 1 to December 51, 1976 $5,559.88 Loss on sale of securities$1,115.58 1,592.59 E~enditures 225.88 Cash on hand ~,225.~ December ~1, 1976 8,816.55 $10,157.81 $10,157.81 63 On Hand July l, 1975 Juue 50, 1976 December 51, 1976 Income Cash on hand July 1, 1975 Sale of securities Income Cash on hand July l, 1976 NARY 0. TI~,~ FUND In Custod~ of L~rar~Trustees Cash $698.19 988.91 2,8~5.05 Securities Book Value $15,512.68 15,512.68 11,027.61 Receipts Payments JulF ,1, 1975 to June 30, 1976 $788.15 698.19 $1,~86.52 Expenditures Cash on hand June 50, 1976 Jul~ 1 to December 31, 1976 $2,285.07 '!~0.74 988.91 $5,71~.72 Loss on sale of securities K~p~enditures Gash on hand December 51, 1976 Total $15,O10.87 1~,~O1.59 15,872.66 $~97.~1 988.91 $1 ,~86.52 $561.~1 508.26 2,8~.5.05 $5,?1~-.72 On Hand July 1, 1975 June 50, 1976 December 51, 1976 In Cus,~gd~ of,~brar~ Trustees Cash $1,279.~0 1,450'50 1,566.52 Total $1,279.~ 1,$50.50 1,566.52 Income Cash on hand July 1, 1975 Income Cash on hand July 1, 1976 Receipts Paymemts July 1, 1...975 to June .30, 1976 $171.10 1,279 · ~ Cash on hand June 50, 1976 JulF 1, t9 December 31,, 1976, $116.02 Cash on hand December 51, 1976 $1, ~50.50 $1,5~-52 566.5~ On Wa~d July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July l, 1975 Income Cash on hand July l, 1976 In Custod~ of. Librar~ Trustees Cash $5,298.81 4,~00.65 Receipts Payments Jul~ l, 197~ ~,o June 50, 1976 $2,56~' 94 5,298.81 Expenditures Cash on hand June 30, 1976 863.75 Ju~,, i to December ~1, 1976 $1,040.50 $5,085.71 Expenditures Cash on hand DecemberS1, 1976 Total 298.81 $,~5.$1 $1,818.~ ~,0~5.~1 $5,865.75 $685.O6 ~,~.65 $5,085.71 64 RECONCILIATION OF LIBRARY TRUSTEE'S CASH Cash balances December 31, 1976, per tables: George W. and Ruth E. Berrian Memorial Fund Anne Bradstreet Fund Charles Whitney Davis Fund Phillips Fund Fanny G. Reynolds Fund Abbott Stevens Fund Dale Stevens Children's Book Fund Elizabeth P. Stevens Fund Moses T. Stevens Fund Nathaniel and Elizabeth P. Stevens ~and Nary O. Tyler Fund Special Gift Fund Copier Fund $357.65 397.8~ 677.04 6,942.86 6,016.47 2,373.87 1,628.60 1,911.93 8,816.55 2,8~5 · 05 1,566.52 4,~00.65 Cash on hand December 31, 1976: Bay Bank - Merrimack Valley, N. A. Checking account Savings account 4,727.50 33,515.98 B.~y Bank - Merrimack Valley N. A. Balance December 31, 1976, per statement Balance December 31, 1976, per check book Outstanding checks December 31, 1976, per list $4,727.50 14.05 $38,243. 8 65 Balance Sheet - Decembe GENERAL ACCOUNTS Assets Liabilities and Reserves C ash: General $1,177,205.20 County Assessments 1977: Tax Advances for Petty: Tax Collector Council on Aging School Library Water Accounts Receivable: Taxes: Levy of 1971: Personal Property Levy of 1972: Personal Property Real Estate Levy of 1973-1974: Personal Property Real Estate Levy of 1975: Personal Property Real Estate Levy of 1976: Personal property Real Estate Levy of 1977: Personal Property Real Estate $100.00 w. 50.o0% lOC.CO\ 5o.o0~ 100. O0 56.00 262.00 9.11 75o.~ 1,501.49 835.02 12,718.22 1,077.87 59,357-05 264,924.61 3,259,556.89 ;400.00 3,600,829.08 Payroll Deductions: Federal Taxes State Taxes County Retirement Blue Cross - Blue Shield Group Insurance Credit Union Christmas Club Accident Insurance $30,8~6.53 9,155.05 9,496.77 10,272.80 324.06 2,37~.00 311.0o 95.35 Overpayments- to be Refunded: Personal Property Taxes: Levy of 1970 Real Estate Taxes: Levy of 1972 17.25 38.56 Agency: State - Meals Tax Tailings: Unclaimed Checks Trust Fund Income: Stone Charity Fund Taylor Charity Fund 9,126.97 78.00 Inveetment Fund: To be Invested: Conservation Fund $176,603.92 62,875.56 55.81 90.96 383.70 9,2~. 97 42, ~65 - O0 Accounts Receivable: (Cont.) Motor Vehicle Excise: Levy of 1971 Levy of 1972 Levy of 1975 Levy of 1974 Levy of 1975 Levy of 1976 558.15 5,569.o5 12,171.99 11,255.94 26,678.57 54,081.O0 Special Assessments: Sewer: Unapportioned Added to Ta~es: Levy of 1976 Levy of 1977 Water: Unapportioned Added to Taxes: Levy of 1976 Levy of 1977 Committed Interest: Levy of 1976 Levy of 1977 51,550.98 60.00 265.50 7,520.00 75.oo 158.75 15.~O lO5.29 Tax Titles and PossessionS: Tax Titles 8,209.21 Tax Possessions 5,586.74 Departmental: Sewer Veterans' Services School 7,757.24 12,419.27 1,978.54 Water: Liens Added to Taxes: Levy of 1975 Levy of 1976 Levy of 1977 Rates Construction and Miscellaneous 59.56 lOO.5O 11,~.28 55,586.87 17,655.55 GENERAL ACCOUNTS (CONT.,) 108,09~ 68 Federal Grants: Public Law~l-874 Public Law~85-86~ Public Law~89-10 Public Law~89-S15 Public Law~95-580 Elementary and Secondary Education Act Revolving Funds: School Lunch School Athletics Off Duty Work Details 155,9~2.26 4,715.85 59.05 2,550.~6 5,20~.80 1,101.56 18,~O1.69 8,595-56 1,975.28 Appropriation ~alances: Revenue: General Water Non-Revenue: Water $,858,055.82 220,~5.50 57,255.01 59,507.72 15,795.95 22,155.05 Loans Authorized and Unissued Overestimates 1977: State: Special Education Recreation Aress Regional Transit Authority Air Pollution Control District Ipswich River Watershed District ~,629.oo 5,415-59 2~O.86 20.55 17.57 Sale of Real Estate Receipts Reserved for Appropriations: State Aid to Libraries Reserve Fund - ~,erlay ~rplus 82,228.5~ 149,575.74 28,770.55 5,105,772.55 100,0OO.O0 8,525.57 ~,458.57 6,106.50 10,252.56 GENERAL ACCOUNTS (CONT.) Accounts Receivable: (Cont.) Greater Lawrence Sanitary District: Sewer Aid to Nighways: State Estimated Receipts - to be Collected Loans Authorized: School Land Unprovided For or Overdrawn Accounts: Levy of 1975 Levy of 1976 Levy of 1977 ~6~1.9~ 22.95 $,68~.97 Due from Water Department: Guarantee Deposits 47,161.~6 35,588.39 1,~27,287.21 100,000.00 5,~9.86 4,079-77 Overlays Reserved for Abatements: Levy of 1972 271.11 Levy of 1973-1974 2,550.15 Revenue Reserved Until Collected: Motor Vehicle Excise Special Assessment Tax Title and Possession DePartmental Water Greater Lawrence District Sewer Aid to Highway 108,094.68 39,507.72 13,795.95 22,155.05 82,228.56 47,161.~6 35,3s8.39 Reserve for Petty Cash Advances ~plus Revenue 2,821.26 400.00 607,092.5~ $6,663,~82.95 Apportioned Assessments NOt Due: Sewer $39,182.93 Street 355.25 Water 28,097.96 Suspended Assessments: Water DEFERRED REVENUE ACCOUNTS Apportioned Sewer Assessment Revenue: Due in 1977 to 1985, Inclusive $39,182.95 $67,636.15 9,6~8.00 Apportioned Street Assessment Revenue: Due in 1977 Apportioned Water Assessment Revenue: Due in 1977 to 1995, Inclusive 355.25 28,097.96 Suspended Water Revenue $67,656 · 14 9,6~8.00 $77,2~-1~ Net Funded or Fixed Debt: Inside Debt Limit: General Outside Debt Limit: General $6, OlO, 000. O0 Public Service Enterprise ~0~, ~00. O0 DEBT ACCOUNTS $6~ ~, 000. O0 6,$15,~O0.00 Serial I~_~$: Inside Debt Limit: Police Fire Sewer Land Acquisition Town Garage School Outside Debt Limit: General: School Public Service Enterprise: Water $7,0581~00. O0 $17,000.00 80,0OO.00 117,000.00 80,000.00 350,000.00 20,000.00 6,010,000.00 $6~ ~!, 000. O0 6,~1~0.00 $7,0~8,~.00 Cash: In Banks Invested mn. Certificates of Deposit Transfers from Public Law~92-512 Authorized FEDERAL REVENUE SHARING FUNDS PUBLIC LAW #92-512 $122,8~'72 200,000.00 $322,8~.72 Revenue ~haring Funds - Public Law ~92-512 Appropriations from ~92-512: Authorized: Police Salaries $125,000.00 Fire Salaries 175,000.00 300,000.00 $622,8~.72 $322,8~.72 300,000.00 $622,8~$.72 Cash: Invested in: Certificates of deposit FEDERAL ANTI-RECESSION FUNDS - ~,P~LIO LAW $29, 5.00 Anti-RecessionFunds, Public Law~9~-~69 $29, ~5 - O0 TRUST AND INVESTMENT ACCOUNTS Trust and Investment Funds: Cash and Securities: In Custody of Treasurer In Custody of Library Trustees $65,166.27 175,990'88 In Custody of Treasurer: Welfare Funds: Addle Se Armitage Joseph M, and Susan F. Stone Taylor School Funds: Sarah ~arker Moses Towne Cemetery Funds: Herman Kobec Perpetual Care Kate H~ Stevens Old ~urying Grounds Investment Funds: Stabilization Conservation $10,675.19 lO,OO0.O0 195.5o 2,959.75 7,589.65 100.O0 22,191.78 9,155.25 In Custody of Libra_~y Trustees: Library Funds: George W. and Ruth E. Berrian Memorial Anne ~radstreet Charles Whitney Davis Phillips Fannie G. Reynolds Abbott Stevens Dale Stevens Children's ~ook Elizabeth P. Stevens Moses T. Stevens Nathanie 1 and Elizabeth P, Stevens Mary O. Tyler Special Gifts OoPier 1,575.82 1,525.62 15,~27.7~ 5,111.59 28,071.69 15,5~5.62 11,~6.00 10,754.01 50,725.70 15,872.66 1,566.52 ~,~0.65 $65,166.27 17~,990.88 $258,157.15 $258,157.15 Foem DA-96 2M sets (2~ $-75-112347 · he ( ommonweaI h of D~PA~TM~NT OF :'-'--'--~-~_-' : ':.'_ :!_--i -_ -i -- : BUREAU OF ACCOUNTS P~ORT OF Ail Ab~IT of ACCOUNTS OF T H E T O W N' O F ~ 0 R T H k N D 0 V~, R FOR THE PERIOD FROM JULY 1, 1975 TO DECEMBER 31, 1976 Made in Accordance with the Provisions of Chapter /!/,~, General LaWs October LAURENCE D. FITZMAURICE Commissioner EDWARD G. McCANN, Jr. Director of Accounts MAIL ADDRESS: P. O. BOX 7015 BOSTON. MASS., 02204 To the Board of Selectmen Mr. John F. Coady, 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 July l, 1975 to December 31, 1976, made in accordance with the provisions of Chapter ~'J'. ,, General Laws. This is in the form of a report made-to me by Mr. Robert M. Crosby~ Assistant Chief of Bureau. RMC: EFM Very truly yours~, ~ ~ ?~. Edward G. Mccann, Jr. Director of Accounts Department of Revenue Boston, ~assachusetts Sir: In accordance with your instructions, I have made an audit of the books and accounts of the town of North Andover for the period from July l, 1975 to December 31, 1976, and submit the following report thereon: The financial transactions, as recorded on the books of the several departments receiving or disbursing money for the town or committing bills for collection, were examinDd and checked with. the books of the town accountant and the to~n treasurer. The books and accounts of the town accountant were examined and checked. The receipts, as recorded, were checked with the treasurer's books and with the receipts of the several departments collecting money for the town, while the payments were compared with the treasury warrants authorizing the disbursements of town funds and with the treasurer's records. The appropriations, transfers, and loan authorizations, as recorded on the town clerk's records of town meetings, as well as the transfers from the reserve fund authorized by the finance committee, were checked with the town accountant's ledgers. The ledger accounts were analyzed, the necessary adjusting entries resulting from the audit were made, and a balance sheet, which is appended to this report, was prepared showing the~ financial condition of the town as of December 31, 1976. ~ The books and accounts of the town treasurer were examined and checked. The recorded receipts were compared with the town accountant's books, with the records of the several departments collecting money for the town, and with other sources from which money was paid into the town treasury. The recorded payments were checked with the selectmen's warrants 2 authorizing the treasurer to disburse town funds and with the accountant's records. The cash balance on December 31, 1976 was proved by reconciliation of the bank balances with statements furnished by the depositories, by e×~mination of the savings bank books, and by actual count of cash in the office. An examination was made of the Revenue Sharing and Anti-Recession Fiscal Assistance Funds Statements of Changes in Available Funds and Obligations Incurred in the town of North Andover for the period from _ July l, 1975. The examination was made in accordance with the auditing standards set up for municipalities under Chapter ~, General Laws, and the "Audit Guide and Standards for Revenue Sharing Recipients" issued by the Office of Revenue Sharing,'and, accordingl~ included such tests of the accounting records and such other auditing procedures as were considered necessary in the circumstances. In our opinion, the Statements of Changes in Available Funds and Obligations Incurred present fairly the revenue, expenditures, and obligations incurred and the status of Federal General Revenue Sharing and Anti-Recession Fiscal Assistance Funds of the town of North Andover on December 31, 1976 in csnformity with the accepted accounting principles in force for Massachusetts municipalities. The payments on accountof maturing debt and interest were proved with the ~mounts falling due and were checked with the cancelled coupons and securities on file. The outstanding coupons were listed and reconciled with statements furnished by the banks of deposit. The records of payroll deductions for Federal and State taxes, the county and teachers' retirement systems, Blue Cross and Blue Shield, group insurance, tax-sheltered annuities, credit unionS,accident insurance, firemen's insurance, Christmas club, United Fund, and union dues were examined. The deductions were proved, the payments to the proper agencies were verified, and the balances on hand were reconciled with the respective controlling acCounts in the town accountant's ledger. The tax titles and tax possessions held by the town were listed, proved with the town accountant's ledger controls, and checked with the records at the Registry of Deeds. The savings bank books and securities representing the investment of the trust and investment funds in the custody of the town treasurer and the trustees of the library were examined and listed. The income was proved, ~nd all transactions were verified and compared with the treasurer's and the town accountant's records. The cash balance in the library fund as of December 31, 1976 was proved by reconciliation of the bank balance with a statement furnished by the bank of deposit. The books and accounts of the tax collector were examined and checked. The tax, excise, and assessment accounts outstanding as of July l, 1975, together with all subsequent commitments, were audited and checked with the warrants issued for their collection. The reported payments to the treasurer were ,verified, the abatements, as recorded, were comPared with the assessors' records of abatements granted, and ~the outsts~ding accounts were listed and ~reconciled with the accountant' s ledger controls. The records of departmental accounts receivable were examined. The payments to the treasurer were verified, aud the outstanding accounts were listed and reconciled with the accountant's ledger. The books and accounts of the public works department were examined and checked. The receipts, as recorded, 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. It is recommended that action be taken to effect a prompt settlement of the delinquent tax, excise, departmental, sewer, and water accounts of prior years, which date back to 1971. The assessors' records of apportioned assemsments 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 respective accounts in the town accountant's ledger. The financial records of the town clerk were examined and checked. The records of receipts on account of dog and sporting licenses issued, and from miscellaneous licenses, fees~ etc. were verified and compared with the Game. payments ~to the town treasurer and to the Division of Fisheries and ~ The cash~ou hand December 31, 1976 was proved by actual count of the cash in the office. The records of receipts of the selectmen, the inspectors of buildings, wire, gas, and plumbing, as well as of the police, schoo~ and library departments, and of all other departments in which money was collected for the town, were examined and checked. The payments to the treasurer were verified, and the cash on hand in the several departments, including petty cash advances, was proved by actual count. The surety bonds filed by the town officials required by law to furnish them for the faithful performance of their duties were examined and found to be in proper form. The books and accounts of the treasurer of the North Andover and Boxford District of Veterans' Services were examined ~d checked 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 December 31, 1976 was proved by reconciliation of the bank balance with a statement furnished by the bank of deposit. In addition to the balance sheet, there are appended to this report tables showing reconciliations of the several cash accounts, s~mmaries of the tax, excise, assessment~ tax title, tax possession, departmental, sewer~ and water accounts, as well as schedules showing the condition and transactions of the several trust and investment funds. For the cooperation extended by all town officials during the progress of the audit, I wish, on behalf of my assistants and for myself, to express appreciation. RMC: EFM Respectfully submitted ~t Chief of Bure RECONCILYATION OF TREASURER'S CASN Balance July 1, 1975 Receipts July 1, 1975 to June 50, 1976 $2,268,201.$5 12,476,685.56 Payments July l, 1975 to June 50, 1976 Balance June 50, 1976 15,519,166.52 1,$25,718.$7 Balance July l, 1976 Receipts July i to December 51, 1976 $1, 25,71S. 7 7,~90,558.~6 Payments July i to December 51, 1976 Balance December 51, 1976 7,758,851.75 1,177,205.20 Balance December 51, 1976 Cash on hand December 51, 1976: In Banks: Bay State National Bank Arlington Trust Company: General School Payroll Boston Safe Deposit and Trust Company New England Merchants National Bank, Boston State Street Bank and Trust Company, Boston The First National Bank of Boston Harbor National Bank of Boston United State Trust Company, Boston The National Shawmut Bank of Boston Essex County Bank and Trust Company, Lynn Bay Bank Merrimack Valley: Checking account Savings accounts: Book ~1~102~7 Book #1~102555 Community Savings bank, Lawrence: mook#27546 $166,67~.91 91,O50-55' 12,917.9~~ 100,000.00 100,251.58' 25,585.69' 15,920.29' 290,886.82~ 280.57~ 66,086.89~ 9,819.61' 82,527.69~ ~5,O62.90' 279.67 1,915.68 10,576.51 In office, verified Per statement and check book $1,019.~1~.90 157,790.50 $1~,7~4,88$.79 $1 ,7 ,S8 .79 $8,916,0~5.95 $8,916,0,56.95 $1,177,205.20 $!,177,205-20 RECONCILIATION OF TREASUR~ ' S CASH (CONT.) State National Bank Balance December 31, 1976, per statement Balance December 31, 1976, per check register Outstanding checks December 31, 1976, per list $166,674.91 13,362.29 Arlington Trust Company Payroll Account Balance December 31, 1976, per statement Balance December 31, 1976, per check register Outstanding checks December 31, 1976, per list $100,000.00 15,751.39 Special Cash Revenue Sharing Funds - Public Law ~92-512 Balance July l, 1975 Receipts July l, 1975 to June 30, 1976 $198,335.06 377,014.01 Payments July 1, 1975 to June 30, 1976 Balance June 30, 1976 350,000.00 225,549.07 Balance July 1, 1976 Receipts July 1 to December 31, 1976 $225,349.07 97,~85.65 Balance December 31, 1976 Balance December 31, 1976 Cash on hand December 31, 1976: Bay Bank Merrimack Valley Certificate of deposit, verified Per statement ~nd check book $122,$34.72~ 200,000.00 $180,037.20 $180,037.20 $115,751.39 ~$11~,751.39 $575,549.07 $575,349.o7 $322,834.72 $322,834.72 $322,834.72 RECONCILIATION OF TREASURER' S CAS~ (CONT.) Revenue Sharing Funds Statement of Changes in Available Funds Available Funds July l, 1975 Add Revenue: Entitlement payments Interest earned Total Less: Unappropriated June 50, 1976 Available for obligation during year Less: Expenditures Encumbrances Total obligations incurred Unencumbered balance June 50, 1976 Unappropriated June 50, 1976 Available Funds June 50, 1976 Available Funds July l, 1976 Add Revenue: Entitlement payments Interest earned Total Less: Unappropriated December 51, 1976 Available for obligation during period Less: Expenditures Encumbrances Total obligations incurred Unencumbered balance December 51, 1976 Unappropriated December 51, 1976 Available Funds December 51, 1976 $568,826.00 8,188.01 $575, 9.07 $225,549.07. $550,000.00 -0- $225, ~9-07 $225., 9.o7 $225,5~9.07 $77,159.00 20,~46.65 $522,854.72 $22,8~.72 $500,000.00 -0- $500,OO0.00 $22,$~.72 RECONCILIATION OF TREASURER'S CASH (CONT.) Revenue Sharin~Funds Statement of Obligations Incurred ~uly l, !975 to June 50, 1976 Operating/Maintenance Expenditures: Public Safety Total obligations incurred ~ul~ 1 to December ~1~1976 No transactions recorded $350,000.00 $~o,ooo.oo Special Cash Anti - Recession Fiscal Assistance Funds ~b~c Law#9~-369 ReCeipts July I to December 31, 1976 Balance December 31, 1976 Balance December 31, 1976 Cash on hand December 31, 1976: Certificate of deposit, verified Statement of Changes in Available Funds Revenue: Entitlement Payments Interest earned Total Less: Unappropriated December 31, 1976 Available for obligation during period Less: Espenditures Encumbrances Total obligations incurred Unencumbered balance December 31, 1976 Unappropriated December 31, 1976 Available Funds December '31, 1976 $29,5z~-5. oo $29,~.oo $29,75.00 $29,3~5.oo $29,75. o0 -- 0 -- $29,3~5. O0 ~29,15~5.oo -0- -0- -0- $29, ~1-5. O0 $29, ~. oo RECONCILIATION OF TREASURER' S 0AS~ (CONT.) Anti-Recession Fiscal Assistance Funds Statement of Obligations Incurred ~u!y i to December 31, 197~ No transactions recorded RECONCTLTATION OF ~ONDAND COUPON ACCOUNT State Street Bank and Trust Company, ~oston · alance December 31, 1976, per statement Outstanding coupons December 31, 1976, per list Arlington Trust Company, Lawrence Salance December 31, 1976, per statement Outstandimg coupons December 31, 1976, per list Interest on Invested General Cash Receipts July 1, 1975 to June 30, 1976 Payments to treasurer July 1, 1975 to June 30, 1976 Receipts July 1 to December 31, 1976 Payments to treasurer July I to December 31, 1976 $5,270.50 $795.00 $22,031.28 $22,031.28 $11,852.~ $11,852.~ NORTN ANDOVER AND BOXFORD DISTRICT ~gpartment of Veterans' Services Reconciliation of ~istrict Treasurer's Cash Balance July 1, 1975 Receipts July 1, 1975 to June 30, 1976: Town of North Andover Town of Ioxford Payroll deductions: County retirement system $$16.56 1,2~2.10 203.90 60.00 Payments July l, 1975 to June 30, 1976: Director's salary Telephone Dues County retirement system Balance June 30, 1976 1,200.00 118.16 ll. O0 60.00 · alance July 1, 1976 $583.~O Receipts July i to DecemBer 31, 1976: Town of North Andover 1,300.00 Town of Boxford 205.15 Payments July I to December 31, 1976: Director's salary Telephone Dues ~alance December 31, 1976: · ay State National lank, Lawrence, per statement and check book 600.00 12.00 1,372.82 PAYROLL DEDUCTIONS Federal Taxes Deductions July l, 1975 to June 30, 1976 Payments to Director of Internal Revenue July l, 1975 to June 30, 1976 ~alance June 30, 1976 · alance July l, 1976 Deductions July i to December 31, 1976 Overpayments to be adjusted Payments to Director of Internal Revenue July i to December 31, 1976 Balance December 31, 1976 $836,710.~0 12,246.61 $12,2~6.61 392,129.57 30.00 373,529.65 30,876.53 $1,972.56 $1,972.56 $2,088.55 $ a,957.01 $8~-8,957.01 PAYROLL DEDUCTIONS State Taxes Balance July 1, 1975 Deductions July 1, 1975 to June 30, 1976 Payments to State July l, 1975 to June 50, 1976 Balance June 50, 1976 $.60 258,257.22 255,846.95 #,~10.87 Balance July l, 1976 Deductions July i to December 51, 1976 $~,$10.87 118,605.25 Payments to State July i to December 51, 1976 Balance December 51, 1976 115,861.06 9,155.o5 County Retirement System Balance July l, 1975 Deductions July l, 1975 to June 50, 1976 $6.00 117,S57.25 Payments to county treasurer July 1, 1975 to June 50, 1976 Balance June 50, 1976 108,159.35 9,703.90 ~alance July l, 1976 Deductions July I to December 51, 1976 Payments to county treasurer July i to December 31, 1976 Balance December 31, 1976 $9,703.90 68,165.98 68,575. ll 9, #96.77 $258,257.82 $123,016.11 $125,016-11 $117,855.23 $117,8~3.25 $77,869.88 $77~869.88 PAYROLL DEDUCTIONS Massachusetts Teachers' Retirement system Deductions July l, 1975 to June 30, 1976 Payments to Massachusetts Teachers' Retirement Board' July l, 1975 to June 30, 1976 Deductions July i to December 31, 1976 Payments to Massachusetts Teachers' Retirement Bos~d July Ite December 31, 1976 Blue Cross and Blue Shield Deductions July l, 1975 to June 30, 1976 Debit balance June 30, 1976 $107,567.19 478.30 Debit balance July 1, 1975 Payments to Massachusetts Hospital Services, Inc. July l, 1975 to June 30, 1976 Refunds to employees July l, 1975 to June 30, 1976 107,489.81 77.38 Deductions July I to December 31, 1976 Debit balance July l, 1976 Payments to Massachusetts Hospital Services, Inc. July i to December 31, 1976 Refunds to employees July i to December 31, 1976 Balance December 31, 1976 $478.30 45,817.29 129.54 10,272.80 $18#,245.27 245.27 $68,118.68 $68~118.65 $108,0~5-~9 $1o8,o45. 9 $56,697.93 $56,697.9~ PAYROLL DEDUCTIONS Group Insurance Deductions July 1, 1975 to June 30, 1976 Payments to Prudential Life Insurance Company July l, 1975 to June 30, 1976 Refunds to employees July l, 1975 to June 30, 1976 Balance June 30, 1976 B~lance July l, 1976 Deductions July I to December 31, 1976 Payments to Prudential Life Insurance Company July I to December 31, 1976 Balance December 31, 1976 $3,936.28 .94 ~.18 1,458.50 Tax Sheltered Annuities Deductions July 1, 1975 to June 30, 1976 Payments to insurance companies July l, 1975 to June 30, 1976 Balance June 30, 1976 $25,501.14 4,950.28 Balance July 1, 1976 Deductions July I to December 31, 1976 $4,950.28 12,166.~0 Payments to insurance companies July i to December 31, t976 North Andover Municipal Credit Union Deductions July 1, 1975 to June 30, 1976 Payments to North Andover Municipal Credit Union July l, 1975 to June 30, 1976 Balance June 30, 1976- $159,~61.50 2,555.00 Balance July l, 1976 Deductions July i to December 31, 1976 $2,555.00 79,101.50 Payments to North Andover Municipal Credit Union July I to December 31, 1976 Balance December 31, 1976 79,282.50 2,374.00 981.~0 $1,782.56 $1,782.56 $30,451.42 $3o,451.42 $17,116.68 $17,1,!6.68 $162,016.50 $162,016.50 $81,656.50 $81,65.6. PAYROLL DEDUCTIONS Teachers' Credit Union Deductions July l, 1975 to June 30, 1976 Debit balance June 30, 1976 Payments to Massachusetts Teachers' Association Credit Union July l, 1975 to June 30, 1976 Deductions July i to December 31, 1976 Debit balance July 1,1976 Payments to Massachusetts Teachers' Association Credit Union July I to December 31, 1976 Accident Insurance Deductions July l, 1975 to June 30, 1976 ~alance June 30, 1976 · alanc e July l, 1976 Deductions July I to December 31, 1976 Payments to Colonial Insurance Company July i to December 31, 1976 Balance December 31, 1976 Firemen's Insurance Deductions July 1, 1975 to June 30, 1976 Payments to Milton E. ~awrence Company July 1, 1975 to June 30, 1976 Deductions July 1 to December 31, 1976 Payments to Milton E. Lawrence Company July 1 to December 31, 1976 $92,592.13 2O5.OO 37,~65.28 2,867.60 2,901.74 95.35 $92,797e13 $92,797-1~ $37,670-28 $57,670.28 $2,997.09 $2,997.09 $2,0~.00 $2,0~.00 $978.O0 $978.OO PAYROLL DEDUCTIONS Christmas Club Deductions July 1, 1975 to June 50, 1976 Payments to Merrimack Valley National ~snk July 1, 1975 to Jume 50, 1976 ]alamce June 50, 1976 Balance July l, 1976 Deductions July I to December 51, 1976 Payments to Merrimack Valley National Bank July 1 to December 51, 1976 · alance December 51, 1976 United Fund of Greater Lawrence Deductions July l, 1975 to June 30, 1976 Payments to United Fund of Greater Lawrence July l, 1975 to June 50, 1976 Deductions July i to December 51, 1976 Payments to United Fund of Great Lawrence July I to December 51, 1976 $10,582.00 219.oo $219.00 6,129.00 6,037.O0 511.00 $10,601.00 $10~601.00 $6, ~8. O0 $1,108.06 $1,108.06 $3 .5o Teachers' Union Deductions July l, 1975 to June 30, 1976 Payments to treasurer of Teachers' Union July l, 1975 to June 30, 1976 Deductions July l, 1976 Payments to treasurer of Teachers' Union July I to December ~l, 1976 $21,509.88 $21.,509.88 $9,183.A~ $9,183.~ PAYROLL DEDUCTIONS Public Works Union Deductions July l, 1975 to June 50, 1976 Payments to treasurer of Public Works Union July l, 1975 to June 50, 1976 Deductions July I to December 51, 1976 Payments to treasurer of Public Works Union July I to December 51, 1976 Firefighters' Union Deductions July 1, 1975 to June 50, 1976 Payments to treasurer of Firefighters' Union July l, 1975 to June 50, 1976 Deductions July I to December 51, 1976 Payments to treasurer of-Firefighters' Union July I to December 51, 1976 TAX COLLECTOR Reconciliation of Cash Cash balance December 51, 1976, per tables: Real estate taxes: 1975-1974 $79.20 1975 5,109.95 1976 '~226.12 1977 #5 Motor vehicle excise: Levy of: 1971 lO0.O0 1975 222.21 1974 507.#5 1975 Interest on taxes and excise 28.58 Municipal liens 24.00 Petty cash advance December 51, 1976 Fees - Due tax and deputy collector $11,185.10 lO0.O0 616.84 $~08.00 $z~.08.00 $260.00 $260. O0 $2,060.00 $2~060.00 $975.00 $975.00 $11,901.94 TAX COT,T,W. CTOR ~(¢ONT.) Reconciliation of Cash (Cont.) Cash on hand December 31, 1976: In office, verified Arlington Trust Company: Account ~0020265 Account ~0022926 Due from Town: Overpayment of Real Estate Taxes 1976 100.00 $,~67.33 210.74 3,123.87 Arlington Trust Company Account ~002026~ · alance December 31, 1976, per statement ~alance December 31, 1976, per check book Due to account ~0022926 $8,467.33 1,903.65 Account ~O022926 Balance December 31, 1976, per statement Deposit in transit December 31, 1976, verified Checks returned to be redeposited Check error to be adjusted Due from Account ~0020265 Balance December 31, 1976, per check book Outstanding checks December 31, 1976, per list $71,382.14 9,639.91 83.5O 6.00 1,903.65 210.74 82,8.04.46 PERSONAL PROPERTY TAXES - 1970 To be Refunded Credit balance July l, 1975 and July l, 1976 PERSONAL PROPERTY TAXES - 1971 Outstanding July 1, 1975 and July l, 1976 Audit adjustment December 31, 1976: Personal property taxes 1971 reported as personal property taxes 1972 Outstanding December 31, 1976, per list $12.00 36.00 $11,901.94 $10,370.98 $10,~70.98 $83,015.20 $8~,015.2o .... $17.25 $17.25 $48.00 $48.00 PERSONAL PROPERTY TAXES - 1972 Outstanding July l, 1975 and July l, 1976 Audit adjustment December 31, 1976: Personal property taxes 1971 reported as personal property taxes 1972 $250.00 12.00 Outstanding December 31, 1976, per list REAL ESTATE TJLXES - 1972 Audit adjustments December 31, 1976: Overpayments Unlocated difference To Be refunded $1.60 19.87 38°56 Credit balance July 1, 1975 and July 1, 1976 Outstanding December 31, 1976, per list 50.92 9.11 PROPERTY TAXES - 1973-1975.,, Outstanding July 1, 1975 Payments to treasurer July 1, 1975 to June 30, 1976 Outstanding June 30, 1976 $117.76 856.54 Outstanding July 1, 1976 Audit adjustment December 31, 1976: Personal property taxes 1975 reported as personal property taxes 1973-1974 $8.56.54 20.70 Payments to treasurer July 1 to December 31, 1976 Audit adjustments December 31, 1976: Commitment reported in error Personal property taxes 1973-1974 reported as interest on taxes and excise Outstanding December 31, 1976, per list 110.~0 9.60 750.8~ $262.00 $262.00 $60.03 $60.0} $97 . 3o $877.24 SST?.2 I I I I I I I I I I I I I I I I REAL ESTATE TAXES - 1973-1974 Outstanding July l, 1975 Refunds July l, 1975 to June 30, 1976 $11,250.16 581.20 Payments to treasurer July l, 1975. to June 30, 1976 Transferred to tax titles July l, 1975 to Juhe 30,' 1976 Outstanding June 30, 1976 9,303.27 26.00 2,502.09 Outstknding July l, 1976 Audit adjustments December 31, 1976: Reported as real estate taxes 1973-1974: Motor vehicle excise 1973 Sewer assessments 1973 Water assessments 1973 Committed interest 1973 To be refunded $2,502.09 181.50 17~.O0 121.77 295.10 Audit adjustments December 31, 1976: Refunds of real estate taxes 1975 reported as real estate taxes 1973-1974 Real estate taxes 1973-1974 reported as water liens 1973-1974 Unlocated difference December 31, 1976 Outstanding December 31, 1976, per list Cash balance December 31, 1976 1,5~9.o5 15.26 116.42 1,600.97 79.20 $11,831.36 $11~831.36 $3,360.90 ~, 36o. 9o PERSONAL PROPERTY TAXES - 1975 Outstanding July l, 1975 Refunds July l, 1975 to June 50, 1976 $1,605.76 277.~0 Payments to treasurer July l, 1975 to June 50, 1976 Outstanding June 50, 1976 1,241.98 641.18 Outstanding July l, 1976 Audit adjustments December 51, 1976: Personal property taxes 1976 reported as personal property taxes 1975 Real estate taxes 1975 reported as personal property taxes 1975 Overpayments To be refunded $641.18 87.98 281.52 .50 5.~ Payments to treasurer July I to December 51, 1976 Audit adjustments December 51, 1976: Personal property taxes 1975 reported as personal property taxes 1975-1974 Personal property taxes 1975 reported as interest on taxes and excise Unloc ated difference Outstanding December 51, 1976, per list 124.20 20.70 51.O5 .O1 8~0.42 REAL ESTATE TAXES - 1975 Outstanding July l, 1975 Refunds July l, 1975 to June 50, 1976 $115,882.25 219.92 -Payments to treasurer July 1, 1975 to June 50, 1976 Transferred to tax titles July l, 1975 to June 50, 1976 Outstanding June 50, 1976 ~9,776.02 427.80 55,898.55 Outstanding July l, 1976 Audit adjustments December 51, 1976: Refunds of real estate taxes 1975 reported as real estate taxes 1975-1974 Reported as real estate taxes 1975: Real estate taxes 1976 Sewer assessments 1975 Water assessments 1975 Committed interest 1975 Water liens 1975 $1,549.o5 757.35 182.7o 879.87 458.62 428.78 To be refunded $55,898.55 4,256-57 1,018.16 $1,885.16 $1,88~.16 $1,016.58 $1 ~ 016- 58 $114,102.17 ~114,102.17 $59,152 · 88 REAL ESTATE TAXES - 197~ (CONT.) Payments to treasurer July i to December 51, 1976 Audit adjustments December 31, 1976: Real estate taxes 1975 reported as: Personal property taxes taxes 1975 Motor vehicle excise 1973 Motor vehicle excise 197~ Interest on taxes and excise Abatements not reported Unlocated difference December 31, 1976 Outstanding December 31, 1976, per list Cash balance December 31, 1976 281.52 1,'27~.95 251.85 .68 828.00 22,779-50 2,637.00 1,066.99 9,559.~ 3,1o9.95 20A $99,152.88. PERSONAL PROPERTT TAXES - 1976 Commitment July l, 1975 to June 30, 1976, per warrant Refunds Jul~ l, 1975 to June 30, 1976 Sqq6,5~6.62 3.82 Paymemts to treasurer July l, 1975 to June 30, 1976 Abatements Jul7 l, 1975 to June 30, 1976 Outstanding June 30, 1976 520.2O 573.~1 Outstanding July l, 1976 Audit adjustment December 31, 1976: Overpayment To be refunded $2,573.~1 .02 7.65 Payments to treasurer Jul~ i to December 31, 1976 Abatements July I to December 31, 1976 Audit adjustments December 31, 1976: Personal property taxes 1976 reported as: Personal property taxes 1975 Real estate taxes 1976 Outstanding December 31, 1976, per list 1,51.68 22.95 87.98 22.95 1,085.52 REAL ESTATE TAXES - 1976 Commitmen~ Jul~ 1, 1975 to June 30, 1976, per warrant Refunds Jul7 l, 1975 to June 30, 1976 $5,939,193.78 17,617.75 Payments to treasurer Jul7 1, 1975 to June 30, 1976 Abatements Jul7 l, 1975 to June 30, 1976 Transferred to tax titles Jul7 l, 1975 to June 30, 1976 Outstanding June 30, 1976 5,320,~56.39 221,877.19 1,~16.78 ~13,061.16 Outstanding July 1, 1976 Refunds July I to December 31, 1976 Audit adjustments December 31, 1976~ Reported as real estate taxes 1976: Personal property taxes 1976 Sewer assessments 1976 Committed interest 1976 Overpayments b~ collector to be refunded $22.95 122.10 26.65 $~13,061.16 159.98 171.70 3,123-87 $2,581.08 $2~81.08 $5,95 ,811.52 $~,956,811.52 $~16,516.71 REAL ESTATE TAXES - 1976 (Cont.) Payments to treasurer July 1 to December 51, 1976 Adjustment Jul~ 1 to December 31, 1976: Real estate taxes 1976 reported as interest on taxes and excise Audit adjustments December 31, 1976: Real estate taxes 1976 reported as: Real estate taxes 1975 Water liens 1976 Outstanding December 51, 1976, per list Cash balance December 51, 1976 757.55 8.92 551,806.26 1,~65.28 766.27 60,25~.78 2,226.12 PERSONAL PROPERTT TAXES - 197~ Commitment July I to December 51, 1976, per warrant Abatements cancelled July I to December 51, 1976 $529,004.1} 25.85 Payments to treasurer July I to December 51, 1976 Abatements July i to December 51, 1976 Outstanding December 51, 1976, per list 265,666.12 457.25 264,924.61 REAL ESTATE TAXES - 1977 Commitment July i to December 51, 1976, per warrant Refunds July I to December 31, 1976 Abatements cancelled July i to December }1, 1976 Audit adjustments December 51, 1976: Classified forest land 1977 reported as real estate taxes 1977 To be refunded $6,520,189-58 8,748.90 ~18.00 20.67 159.00 Payments to treasurer July 1 to December }l, 1976 Abatements July i to December 51, 1976 Unlocated difference December 51, 1976 Outstanding December 31, 1976, per list Cash balance December 51, 1976 2,754,145.14 515,777.12 18.81 5,259,453.64 22 $~16,516.71 $529,027.98 $529,027..- 9$ $6,529,456.15 $6,529, . 56.15 MOTOR VEHICLF~ EXCISE- 1970 Outstanding July l, 1975 Credit balance June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Abatements July l, 1975 to June 50, 1976 Audit adjustment December 51, 1976: Unlocated difference Credit balance July l, 1976 MOTOR VE~IC~ EXCISE- 1971. Outstanding July 1, 1975 Payments to treasurer July l, 1975 to June 50, 1976 Abatements July l, 1975 to June 50, 1976 Outstanding June 50, 1976 Outstanding July l, 1976 Commitment July i to December 51, 1976, per warrant Audit adjustments December 51, 1976: Motor vehicle excise 1972 reported as motor vehicle excise 1971 Unlocated difference To be refunded Payments to treasurer July i to December 51, 1976 Outstanding December 51, 1976, per list Cash balance December 51, 1976 $55.68 21.;40 16.5o 58.5s $559.27 1,957.51 500.65 $500.65 9.65 23.95 15.57 51.90 9.65 470.05 lO0.O0 $75.08 $75.oa_ $21.~0 $21.~0 $2,997.25 $2,997.25 $579.68 $579.68_ I I I I I I I I I I I I I I MOTOR VEHICLE EXCISE - 1972~ Outstanding July l, 1975 Payments to treasurer July l, 1975 to June 50, 1976 Abatements July l, '1975 to June 30, 1976 Outstanding June 30, 1976 $1,2g0.54 7,452.10 5~579.90 Outstanding July 1, 1976 Audit adjustments December 51, 1976: Motor vehicle excise 1975 reported as motor vehicle excise 1972 Overpayments To be refunded Payments to treasurer July I to December 51, 1976 Audit adjustment December 51, 1976: Motor vehicle excise 1972 reported as motor vehicle excise 1971 Unlocated difference December 51, 1976 Outstanding December 51, 1976, per list $5,579.90 71.58 .55 120.45 58.85 25.95 10.09 5,479.59 MOTOR VEHICLE EXCISE - 1975 Outstanding July 1,-1975 Adjustment July 1, 1975 to June 50, 1976: Commitment not reported $15,725.01 18,000.00 Payments to treasurer July 1, 1975 to June 50, 1976 Abatements July 1, 1975 to to June 50, 1976 Outstanding June 50, 1976 6,589.15 15~596.34 11,557.54 24 $12,072.54 $12~072.54 $5,572.26 $51,725.01 725 ~ 24a MOTOR VEHICLE EXCISE - 1973 (CONT.) Outstanding July 1, 1976 Audit adjustments December 31, 1976: Reported as motor vehicle excise 1973: Motor vehicle excise 1974 $72.60 Real estate taxes 1975 1,274.95 Ab3tements reported in error 320.10 Unlocated difference December 31, 1976 To be refunded $11,537.54 1,667.65 82.04 51.35 Payments to treasurer July 1 to December 31, 1976 Audit adjustments December 31, 1976: Commitment reported in error Refund of motor vehicle excise 1974 reported as motor vehicle excise 1973 Motor vehicle excise 1973 reported as: Motor vehicle excise 1972 Real estate taxes 1973-74 Interest on taxes and excise Abatements not reported Outstanding December 31, 1976, per list Cash balance December 31, 1976 9.90 5.50 71.38 181.50 108.9O 3t2.82 343.20 690.00 12,083.17 222.21 $13,338.58 $13,338.58 MOTOR VEHICLE EXCISE - 197# Outstanding July l, 1975 Commitment July 1, 1975 to July 30, 1976, per warrants Refunds July l, 1975 to June 30, 1976 Abatements cancelled July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Abatements July l, 1975 to June 30, 1976 Outstanding June 30, 1976 Outstanding July l, 1976 Commitment July i to December 31, 1976, per warrants Audit adjustments December 31, 1976: Commitment not reported Refunds of motor vehicle excise 1974 reported as motor vehicle excise 1973 Real estate taxes 1975 reported as motor vehicle excise 1974 Overpayments Unlocated difference December 31, 1976 To be refunded Payments to treasurer July I to December 31, 1976 Audit adjustments December 31, 1976: Abatements cancelled reported in error Abatements not reported Motor vehicle excise 1974 reported as motor vehicle excise 1973 Outstanding December 31, 1976, per list Cash balance December 31, 1976 $52,634.98 2,664.76 600.31 42.90 24,138.~O 16,894.73 14,909.82 $14,909.82 75.90 13s.8o 5.50 251.S5 .07 13.60 285.4o 611.06 193.25 3,249.09 72.6O 11,247.49 307.45 $55,942.95 $55,942.95 $15,680o94 $15,680.94 MOTOR VEHICLE EXCISE- 197~. Outstanding July l, 1975 Commitment July l, 1975 to June 30, 1976, per warrants Refunds July l, 1975 to June 30, 1976 Abatements cancelled July l, 1975 to June 30, 1976 $128,871.40 351,373.51 7,994.01 198.20 Payments to treasurer July l, 1975 to June 30, 1976 Abatements July l, 1975 to June 30, 1976 Outstanding June 30, 1976 411,898.98 48,516.49 28,021.45 Outstanding July 1, 1976 Commitment July 1 to December 31, 1976, per warrants Refunds July I to December 31, 1976 Audit adjustments December 31, 1976r Commitment list in excess of warrant Abatements cancelled not reported To be refunded Payments to treasurer July I to December 31, 1976 Abatements July I to December 31, 1976 Audit adjustmen~ December 31, 1976: Motor vehicle e×cise 1975 reported as interest on taxes and excise Abatements of motor vehicle!excise 1975 reported as motor vehicle~excise 1976 Unlocated difference December 31, 1976 Outstanding December 51, 1976, per list Cash balance December 31, 1976 $28,021.45 25,529.02 679.50 19.80 16o.88 47.85 24,905~51 2,435.16 .36 595.25 122.#2 21,559.65 5,o'~.35 $~88,436.92 $54,458.50 MOTOR . ~VEHICI~_ EXCISE~,~ 1976_.. Commitment July 1, 1975 to June 50, 1976, per warrants Refunds July l, 1975 to June 50, 1976 Abatements cancelled July l, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Abatements July 1, 1975 to June 50, 1976 Outstanding June 50, 1976 Outstanding July l, 1976 Commitment July i to December 51, 1976, per warrants Refunds July I to December 51, 1976 Abatements cancelled July I to December 51, 1976 Audit adjustments December 51, 1976: Commitment not reported Overpayments Abatements of motor vehicle excise 1975 reported as motor vehicle excise 1976 Unlocated difference December 51, 1976 To be refunded Payments to treasurer July 1 to December 51, 1976 Abatements July i to December 51, 1976 Audit adjustments December 51, 1976: Abatements cancelled reported in error Abatements not reported Outstanding December 51, 1976, per list CLASSIFIED FOREST LAND - 1976 Commitment July l, 1975 to June 50, 1976, per warrant Payments to treasurer July l, 1975 to June 50, 1976 $5o5,~91.65 1,557.15 Sa. SO 25,705.68 2z~8,55~.06 $2~8,554.06 156,075.05 6,749.25 9-90 158.60 1.98 595.25 8.10 5s .99 524,858.06 52,9~9.25 52.80 .98 54,~7~.09 27 $507,101.60 $507,101.60 $~12,515.16 $~12,~15.16 $19.80 $19.80 I CLASS..I~I~...D FOREST .LAND- 1977 .. I Commitment July i to December 31, 1976, .~ per warrant ~ I Audit adjustment December 31, 1976: Classified forest land 1977 reported as i real estate taxes 1977 I FARM EXCI. SE - 197~ Audit adjustment December 31, 1976. I Commitment recorded in error Credit balance July l, 1975 and · i July 1, 1976 FARM EXCISE - 1975_ · Commitment July l, 1975 to June 30, 1976, per warrant I Payments to treasurer July l, 1975 to June 30, 1976 ! i ...FARM EXCISE - 1976, Commitment July I to December 31, 1976, per warrant. $723.85 I Audit adjustment December 31 1976. Commitment reported in error .20 I Payments to treasurer July I to . December 31, 1976 · I UNAPPORTIONED SEWER ASSESSMENTS I Outstanding July l, 1975 $57,5~5-9~ Commitment July l, 1975 to June 30, 1976, per warrant 20,566.00 I~ Payments to treasurer July l, 1975 to w June 30, 1976 10,656.$0 Apportionments July l, 1975 to I June 30 1976 30,320.60 Abatements July l, 1975 to June 30, 1976 1, z~86. O0 I Outstanding June 30, 1976 35,6~8.95 $20.67 $20.67 $.50 $8o5.31 $8o,5.31 $724.05 $78,111.95 $78,111.9~ UNAPPORTIONED SEWER ASSESSMENTS (CONT.) Outstanding July l, 1976 $35,648.94 To be refunded 102.00 Payments to treasurer July i to December 51, 1976 Audit adjustments December 51, 1976: Apportio~ents not reported Abatements not reported Outstanding December 51, 1976, per list 5,612.96 472.00 55.oo 51,632.98 SEWER ASSESSMENTS - 1975 Outstanding July 1, 1975 and July 1, 1976 Audit adjustment December 51, 1976: Sewer assessments 1975 reported as real estate taxes 1975-1974 SEWER ASSESSMENTS - 1975 Outstanding July 1, 1975~ and July 1, 1976 Audit adjustment December 51, 1976: Sewer assessments 1975 reported as real estate taxes 1975 SEWER ASSESSMENTS - 1976 Commitment July 1, 1975 to June 50, 1976, per warrant Payments to treasurer July l, 1975 to June 50, 1976 Outstanding June 50, 1976 $4,806.95 452.70 Outstanding July l, 1976 Audit adjustment December 51, 1976: Committed interest 1976 reported as sewer assessments 1976 Audit adjustments December 51, 1976: Sewer assessments 1976 reported as: Real estate taxes 1976 Water assessments 1976 Outstanding December 51, 1976, per list $122.10 297.60 $452.70 27.00 419.70 60.00 $55,750.94 $55,750,94 $177.00 $177.00_ $182.70 $182.70 $5,259.65 $5,259.6~.. $479.70 $479.7© SEWER ASSESSMENTS - 1977 Commitment July I to December 31, 1976, per warrant Audit adjustments December 31, 1976: Street assessments 1977 reported as sewer assessments 1977 Payments to treasurer July I to December 31, 1976 Outstanding December 31, 1976, per list $8,5'~.65 13.29 S,29~.6~ 263.3O $8,557.9# APPORTIONED S~ERASSESSMENTS - NOT DUE Bal.nce July 1, 1975 Apportionments July l, 1975 to June 30, 1976 $23,957.15 30,320.60 Payments to treasurer in advance I l, 1975 to June 30, 1976 July Added to taxes July l, 1975 to June 30, 1976: I Levy of 1976 Balance June 30, 1976 ~57.5o 5,259.65 48,560.58 Balance July 1, 1976 Audit adjustment December 31, 1976: Apportionments not reported Payments to treasurer in advance July 1 to December 31, 1976 Added to taxes July I to December 31, 1976: Levy of 1977 Balance December 31, 1976, per list: Due in 1977 to 1985, inclusive STREET ASSESSMF~TS- 1976 Commitment July 1, 1975 to June 30, 1976, per warrant Payments to treasurer July 1, 1975 to JUne 30, 1976 Transferred to tax titles July 1, 1975 to June 30, 1976 $48,560.58 ~72.00 1,305.00 8,5'?~.65 39,182-93 $355.25 25.89 $5~,277.73 $~,277.73 $~9,032.58 $49,o32.5~ $379.1~ $~79.1~ ST~ ASSESSMENTS - 1977~ Comm~tmemt July 1 to December 31, 1976, · per warrant Payments to treasurer July i to DecemBer 31, 1976 Audit adjustment DecemBer 31, 1976: Street assessments 1977 reported as sewer assessments 1977 APPORTIONED STREET ASSESSMENTS - NOT DUE ~alance July 1, 1975 Added to taxes July l, 1975 to June 30, 1976: Levy of 1976 ~alance June 30, 1976 $379.15 758.28 · alance July l, 1976 Added to taxes July I to December 31, 1976: Levy of 1977 Audit adjustment December 31, 1976: Payments to treasurer in advance not recorded ~alance December 31, 1976, per list: Due in 1977 $379.15 UNAPPORTIONED WATER ASSESSMENTS Commitment July I to December 31, 1976, per warrant Payments to treasurer July I to December 31, 1976 Audit adjustments December 31, 1976: Abatements not reported Unapportioned water assessments suspended not reported Outstanding December 31, 1976, per list $3,395.00 9oo.00 9oo.oo 7,320.00 $379-15 $1,137.$2 $758.28 $7, 8.28 $12,516.oo _$12,516.00 WATER ASSESSMENTS - 1975 Outstanding July l, 1975 and -July 1, 1976 Audit adjustment December 51, 1976: Water assessments 1975 reported as real estate taxes 1975-1974 WATER ASSESSMENTS - 197~ Outstanding July 1, 1975 Payments to ~reasurer July l, 1975 to June 50, 1976 Abatements July l, 1975 to June 50, 1976 Outstanding June 50, 1976 Outstanding July l, 1976 Audit adjustment December 51, 1976: Refunds not recorded 'Audit adjustment December 51, 1976: Water assessments 1975 reported as real estate taxes 1975 1,~ _TE~ ASSESSMENTS - 1976_ Commitment July 1, 1975 to June 50, 1976, per warrant Credit balance June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Abatements July l, 1975 to June 30, 1976 Audit adjustment December 51, 1976: Sewer assessments 1976 reported as water assessments 1976 Credit balance July 1, 1976 Outstanding December 51, 1976, per list $105.00 . 60.00 819.87 $819.87 60.00 $5,459,56 222.60 5,621.96 60.0O $222.60 75.oo $121.77 $121.7~ $984.87 $98 .8 $879.87 $879.87 $5,681.96 $~,681.96.. $297.60 $297.60 WATER ASSESSMENTS - 1977. Commitment July 1 to December 51, 1976, per warrant Payments to treasurer July 1 to December 51, 1976 Audit adjustment December 51, 1976: Water assessments 1977 reported as committed interest 1977 Outstanding December 51, 1976, per list $$,255.2~ APPORTIONED WATER ASSESSMENTS - NOT DUE lalance July l, 1975 Payments to treasurer in advance July l, 1975 to June 50, 1976 Added to taxes July l, 1975 to June 50, 1976 lalance June 50, 1976 $7,o15.5o 5,459. 6 55,591.~2 Balance July l, 1976 Adjustment July i to December 51, 1976: Added to taxes reported in error Payments to treasurer in advance July I to December 51, 1976 Added to taxes July i to December 51, 1976 ~alance December 51, 1976, per list: Due in 1977 to~1995, inclusive $55,591.42 120.00 1,156.00 28,097.96 SUSPENDED WATER ASSESSMENTS Balance July l, 1975 and July l, 1976 Audit adjustment December 51, 1976: Unapportioned water assessments suspended not reported $8,748.00 900.00 Balance December 51, 1976, per list $46,066.28 $~6 ~e66.28 $55,711.42 $9,6~B · O0 COMMITTED INTEREST - 1975 Outstanding July l, 1975 and July l, 1976 Audit adjustment December 51, 1976: Committed interest 1975 reported as Real estate taxes 1975-1974 COMMITTED INTEREST - 1975 Outstanding JulY 1, 1975 Payments to treasurer July l, 1975 to June 30, 1976 Abatements July l, 1975 to June 50, 1976 Outstanding June 50, 1976 Outstanding July 1, 1976 Audit adjustment December 51, 1976: Refunds not recorded Audit adjustment December 51, 1976: Committed interest 1975 reported as real estate taxes 1975 $56.60 24.50 414.12 $414.12 24.50 $475.22 ~475.2~ $458.62 .$456.62 COMMITTED INTEREST - 1976 Commitment July l, 1975 to June 30, 1976, per warrant Payments to treasurer July l, 1975 to June 30, 1976 Abatements July l, 1975 to June 30, 1976 Transferred to tax titles July l, 1975 to June 30, 1976 Outstauding June 30, 1976 Outstanding July l, 1976 Audit adjustments December 31, 1976: Committed interest 1976 reported as: Real estate taxes 1976 Sewer assessments 1976 Outstanding December 31, 1976, per list $26.65 27.00 $3,024.58 27.00 2.87 68.05 $53.65 14.40 $3,122.50 $ 5,122.50 $6s.o5 $68.o~ COMMITTED INTEREST - 1977 Commitment July 1 to December 51, 1976, per warrant Audit adjustment December 51, 1976: Water assessments 1977 reported as committed interest 1977 Payments to treasurer July 1 to December 51, 1976 Outstanding December 51, 1976, per list INTEREST ON TAXES AND ~PfCISE Cash balance July l, 1975 Collections July l, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 30, 1976 Cash balance June 50, 1976 Cash balance July l, 1976 Collections July I to December 31, 1976 Adjustment July I to December 31, 1976: Real estate taxes 1976 reported as 'interest on taxes and excise Payments to treasurer July I to December 31, 1976 Cash balance Decmmber 51, 1976 MUNICIPAL LIENS Cash balance July 1, 1975 Collections July 1, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Cash balance June 50, 1976 Cash balance July 1, 1976 Collections July i to December 31, 1976 Payments to treasurer July I to December 31, 1976 Cash balance December 31, 1976 60 .~8 810.79 105.29 $28.58 7~0.87 lZl., 7zlO. 87 28.58 $28.58 20,916.50 1,~i65.28 22,5?9.58 28.58 $6.00 2,~50.00 12.00 $12.00 1,~18.00 l?R)6.00 25.00 $5,916.08 $5,916.08 $15,769.25 $1~,769.2,5 $22,~07.96 $22,zK)?.96 $2,$56.00 $2?*56.00_ $1,450.00 $1 ,z 50.O0 TAX TITLES · alance July l, 1975 Transferred to tax titles July l, 1975 to June 30, 1976: Taxes 1973-1974 Taxes 1975 Taxes 1976 Street assessments 1976 Committed interest 1976 Interest and costs $26.00 427.80 1,416.78 23.89 2.87 87.47 Tax titles redeemed July l, 1975 to June 30, 1976 BaIance June 30, 1976 $10,245.55 1,98%.81 2,425.~8 9,804.68 ]alance July 1, 1976 Tax titles redeemed July 1 to December 31, 1976 )alance December 31, 1976, per list $1,595.~7 8,209.21 TAX POSSESSIONS Balance July 1, 1975 and July 1, 1976 Audit adjustment December 51, 1976: Selling price in excess of book value Payments to treasurer July 1 to December 31, 1976 )alance December31, 1976, per list $5,587.7~ 199.00 200.00 5,586.74 INTEREST AND COSTS ON TAX TITLES Collections July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Collections July I to December 31, 1976 Payments to treasurer July i to December 31, 1976 $12,230.16 $12,230.16 $9,80 . 68 $9,804.68 $5,786.7~ $ o6.15 '~';06.1~ $1 o.58 $1 o.58 TOWN CLERK ,Dog Licenses Cash balance July 1, 1975 Licenses issued July 1, 1975 to June 30, 1976 Payments to treasurer July 1, 1975 to June 30, 1976 Fees retained July l, 1975 to June 30, 1976 Cash balance June 30, 1976 Cash balance July 1, 1976 Licenses issued July i to December 31, 1976 Payments to treasurer July 1 to December 31, 1976 Fees retained July I to December 31, 1976 Cash balance December 31, 1976 Sporting Licenses Licenses issued July 1, 1975 to June 30, 1976 Payments to Division of Fisheries and Game July 1, 1975 to June 30, 1976 Fees retained July l, 1975 to June 30, 1976 Cash balance June 30, 1976 Cash balance July 1, 1976 Licenses issued July 1 to December 31, 1976 Payments to Division of Fisheries and Game July 1 to December 31, 1976 Fees retained July i to December 31, 1976 Cash balance December 31, 1976 $6.35 2,~07.00 1,950-45 255.15 207.75 $207.75 528.oo 623.25 58.45 5~.05 $7,617.75 252.50 379-75 $379.75 1,278.25 1,550.75 51.25 56.00 38 $2,413.35 $2,$13.35 $735.75 $735.7~ $8,250.00 $_8,25,o.oo $1,658.00 $1,6~8.00 TOWN CLw~ Miscellaneous Receipts Receipts July 1, 1975 to June ]50, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Cash balance June 30, 1976 Cash balance July 1, 1976 Receipts July 1 to December 31, 1976 Payments to treasurer July 1 to December 31, 1976 Cash balance December 31, 1976 Reconciliation of Cash Cash balance December 31, 1976, per tables: Dog licenses Sporting licenses Miscellaneous receipts Cash on hand December ]51, 1976, verified SELECTMEN' S DEPARTMENT Licenses and permits issued July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Licenses and permits issued July I to December 31, 1976 Payments to treasurer July 1 to December 31, 1976 $2,976.39 223.5O $223.50 1,$76.07 1,~915.9g 205.615 56.00 205.6]5 $5,199.89 $3,199.89 $1,699.57 699; $315 $515.68 $15,766.00 $1~,766.00 $16 PLANNING BOARD Receipts July 1, 1975 to June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Receipts July I to December ~l, 1976 Payments to treasurer July 1 to December 31, 1976 hOARD 07 APPEALS Receipts July l, 1975 to June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Receipts July i to December ~l, 1976 Payments to treasurer July i to December ~l, 1976 CONSERVATION COMMISSION Receipts July l, 1975 to June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Receipts July I to December ~l, 1976 Payments to treasurer July I to December ~l, 1976 POLICE DEPARTMENT Receipts July l, 1975 to June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Cash balance June 50, 1976 $606.00 414.00 Cash balance July l, 1976 Receipts July I to December 31, 1976 Cash balance December 51, 1976, verified 560.O0 0.75 $100.00 $200.00 20o.oo $15o.oo l,so.oo $1,020.00 $1~020.00 $774.00 $774.00 FIRE DEPARTMENT Receipts July l, 1975 te June 30, 1976 Payments to treasurer July,l, 1975 te June 30, 1976 Receipts July Ite December 31, 1976 Payments to treasurer July I to December 31, 1976 ~UILDING INSPECTOR Permits issued July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Cash balance June 30, 1976 Cash balance July l, 1976 Permits issued July i to December 31, 1976 Payments to treasurer July I to December 31, 1976 Cash on hand December 31, 1976, verified WIRE INSPECTOR Permits issued July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Cash balance June 30, 1976 Cash balance July l, 1976 Permits issued July I to December 31, 1976 Payments to treasurer July i to December 31, 1976 Cash on hand December 51, 1976, verified $15 ~ ~ ~;7 - 21 1j lO.OO $1,310.00 8,912.50 9,338.50 88~.00 $~,300.00 $935.00 2,955.00 3,560.00 33o.o0 $62.0.5 $5o.5o $15,757.21 $1~,757.21 $10,222.50 $10,222.~0 $.5,25.5.oo $3,890.00 $ ,89o.oo GAS INSPECTOR Permits issued July l, 1975 te June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Cash balance June 50, 1976 Cash balance July l, 1976 Permits issued July I to December 51, 1976 Payments to treasurer July ite December 51, 1976 Cash on hand Decmber 51, 1976, verified $565.00 ~1.00 5o.oo ~! ~!. O0 27.00 SEALRR OF WEIGNTS AND MEASLRtES Receipts July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Cash balance June 50, 1976 Cash balance July l, 1976 Receipts July i to December 51, 1976 Payments to treasurer July I to December 51, 1976 $ -98.9o 7o.oo $70.oo 164.00 NIGHWAT DEPARTMENT Receipts July 1, 1975 to June 50, 1976 Payments to treasurer July 1, 1975 to June 50, 1976 Receipts July 1 to December 51, 1976 Payments to treasurer July i to December 51, 1976 $604.00 $ 71.oo $ ?1.oo $568.90 $568.90 $2 .oo $27.oo $5,689.57 $3,689.57 $2,255.90 $2,255.90 NEALTX DEPARTMENT Licenses and Permits Licenses and permits issued July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 te June 50, 1976 Cash balance June 30, 1976 Cash balance July l, 1976 Licenses and permits issued July I to December 31, 1976 Payments to treasurer July I to December 31, 1976 Cash on hand December 31, 1976, verified Plumbing Inspector Permits issued July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Cash balance June 50, 1976 Cash balance July l, 1976 Permits issued July i to December 31, 1976 Payments-to treasurer July I to December 31, 1976 Cash on hand December 31, 1976, verified $5,832 · 30 629.00 $629.OO 5 9. o0 $1,659.O0 llS.O0 $115.00 1,723.00 1,747.00 9~.00 S 3 242-oo $3,742-00 $1,774.00 $1,774.O0 $1,838.00 $1,8~8.00 SEWER CONSTRUCTION AND MISCET~ANEOUS Accounts Receivable Outstanding July l, 1975 Charges July l, 1975 to June 30, 1976 $6,533-5 9,285.58 Payments to treasurer July l, 1975 to June 30, 1976 Abatements July l, 1975 to June 30, 1976 Outstanding June 30, 1976 11,625.69 107.70 ,o8 .55 Outstanding July l, 1976 Charges July i to December 31, 1976 Refunds July i to December 31, 1976 Audit adjUstments December 31, 1976: Charges not reported Water construction and miscellaneous accounts receivable reported as sewer construction and miscellaneous accounts receivable Abatements of water constriction and miscellaneous accounts receivable reported as sewer construction and miscellaneous accounts receivable Overpayments Payments to treasurer July· i to December 31, 1976 Audit adjustment December 31, 1976: Refunds of sewer rates accounts receivable reported as sewer construction and miscellaneous accounts receivable Outstanding December 31, 1976, per list Cash balance December 31, 1976 $~,08~.55 7,~98.$1 9.25 7,193.98 90.00 200.00 11,310.85 9-25 7,748.5~ 8.70 COUNCIL ON AGING Pett~ Cash Advance Advance December 31, 1976 Cash on hand December 31, 1976, verified $15,817.9~ $1,5,817-9~ $19,077- ~ $19,077. $50.oo $ 0.00 I I I I I I I I I I I I I I I I I I VETERANS' ~_q~RVICES DEPARTMENT AcCounts Receivable Outstanding July 1, 1975 Charges July 1, 1975 to J,mue 50, 1976 · $18,560.57 9,629-88 Payments to treasurer July 1, 1975 to June 50, 1976 Abatements July 1~ 1975 to June 50, 1976 Outstanding June 50, 1976 15,0~2.81 87.50 15,860.1~ Outstanding July 1, 1976 Charges July 1 to December 51, 1976 Audit adjustment December 51, 1976: Charges not recorded $15,'860.15 5,506.~ .01 Payments to treasurer July 1 to December 51, 1976 Outstanding December 51, 1976, per list 6,947.52 12,419.27 SCNOOL DEPARTMENT Accounts Receivable Outstanding July 1, 1975 and July 1, 1976 Outstanding December 51, 1976, per list Miscellaneous Receipts Receipts July 1, 1975 to June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Receipts July i to December 51, 1976 Payments to treasurer July I to December 51, 1976 Cash balance December 51, 1976, verified $5,758.61 15.00 $27,990.45 $27,990.45 $19,566.59 $1,978.5~ $1,978.54 $15,297.09 ~$!5,297'09 $5,755.61 $5,755.6.1 SCHOOL DEPARTMENT Lunch Program Receipts July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Receipts July I to December 31, 1976 Payments to treasurer July i to December 31, 1976 Athletic Activities Receipts July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Receipts July i to December 31, 1976 Payments to treasurer July I to December 31, 1976 Petty Cash Advance Advance December 31, 1976 Cash on hand December 31, 1976: In office, verified Memoranda, per vouchers $57.42 42.58 $250,073~82 $250,073.82 $111,779.38 $111,779-38 ~$7,673.18 $7,673.18 $6,302.06 $~,3o2.o6 $100.00 $100.00 STEVENS MEMORIAL LIBRARY Receipts 47 Receipts July 1,~1975 to June 30, 1976 $1,255.81 Payments to treasurer July l, 1975 to June 50, 1976 Cash basance June 50, 1976 Cash balance July l, 1976 Receipts July I to December 51, 1976 Payments to treasurer July i to December 51, 1976 Cash balance December 51, 1976, verified $1,111.87 125.94 $125.94 56~.58 600.97 87.55 $1,255.%1 $68S.52 $6ss. 52 Petty Cash Advance Advance December 51, 1976 ~ Cash on hand December 51, 1976, verified $5o.o0 $So.oo RECREATION DEPARTMENT Receipts July l, 1975 to June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 $1,157.00 $1,157.00 WATER LIENS - 1975-1974 Audit adjustment December 51, 1976: Real estate taxes 1975-1974 reported as water liens 1975-1974 $15.26 Credit balance July 1, 1975 and July 1, 1976 $15.26 WATER LIENS - 1975 Outstanding July l, 1975 and July l, 1976 Audit adjustment December 51, 1976: Water liens 1975 reported as real estate taxes 1975 Outstanding December 51, 1976, per list $42S.7S 59.56 $468.14 $~68.14 WATER LIENS- 197..6 Commitment July l, 1975 to June 30, 1976, per warrant Payments to treasurer July l, 1975 to June 30, 1976 Outstanding June 30, 1976 Outstanding July l, 1976 Audit adjustment December 31, 1976: Real estate taxes 1976 reported as water liens 1976 Payments to treasurer July i to December 31, 1976 Outstanding December 31, 1976, per list WATER LIENS - 197.7 Commitment July i to December 31, 1976, per warr-nt Payments to treasurer July I to December 31, 1976 Outstanding December 31, 1976, per list WATER DEPARTMENT Reconciliation of Cash Cash balance per tables, December 51, 1976: Water rates Water construction and miscellaneous Sewer construction and miscellaneous Water and sewer guarantee deposits: Deposits $18,451.21 Refunds 4,079.77 Petty cash advance December 31, 1976 Unidentified receipts December 31, 1976 Cash on hand December 31, 1976: Arlington Trust Company In office, verified Due from town: Overpayment of water constrmction and miscellaneous accounts receivagle Due from depositors $2,313.38 103.58 $103.58 8.92 12.00 lOO.5O $29,675.80 11,046.28 $1,359.88 100.O0 8.70 22,530.98 lO0.O0 5,589.53 28,800.91 200.00 38.00 250.Z8 48 $2,$16.96 $2,~16.96 $112,50 $112.50 $~O,722.08 $~0,722.08 $29,689.09 $29,689.09 WATER DEPARTMENT .Reconcnliation of Cash (CONT.) ~Arlington Trust Company · alance December 51, 1976, per statement Deposits in transit December 51, 1976, verified Checks to be redeposited December 51, 1976 · alance December 5~, 1976, per check book Outstanding checks December 51, 1976, per list $150,697.O1 55,726.27 62.18 28,8OO.91 157,68~.55 $186,~85.~6 $186 ,~85.46 Rates Outstanding July l, 1975 Charges July l, 1975 to June 50, 1976 Payments to treasurer July l, 1975 to June 50, 1976 Transferred to water liens 1976 July l, 1975 to June 50, 1976 Adjustment July l, 1975 to June 50, 1976: Water rates reported as water and sewer guarantee deposits Outstanding June 50, 1976 Outstanding July l, 1976 Charges July l to December 51, 1976 Refunds July I to December 51, 1976 Audit adjustment December 51, 1976: Charges not reported Payments to treasurer July I to December 51, 1976 Transferred to water liens 1977 July I to December 51, 1976 Outstanding December 51, 1976, per list Cash balance December 51, 1976 258,157.99 169, ~05.45 2,416.96 5,420.O0 106,728.51 $106,728.51 1~6,516.58 7.20 885.98 150,O29.52 ~O,722.08 52,026.99 1,559.88 $281,968.90 $281,968.9.0. $2'?~,158.27 $2';'!, 158.2~ WATER DEPARTMENT Water Construction and Miscellaneous Accounts Receivable Outstanding July l, 1975 Charges July l, 1975 to June 30, 1976 Credit balance June 30, 1976 $15,595.96 12,866.48 3,232.06 Payments to treasurer July l, 1975 to June 30, 1976 Charges July I to December 31, 1976 Audit adjustments December 31, 1976: Charges not reported Overpayments Due to water department $15,426.95 19,825.77 66.61 8.oo Credit balance July l, 1976 Payments to treasurer July i to December 31, 1976 Audit adjustments December 31, 1976: Abatements of water constructio~ and miscellaneous accounts receivable reported as sewer construction and miscellaneous accounts receivable Refunds of water and sewer guarantee deposits reported as water construction and miscellaneous accounts receivable Water construction and miscellaneous accounts receivable reported as sewer construction and miscellaneous accounts receivable Outstanding December 31, 1976, per list Cashbalance December 31, 1976 3,232.06 13,161.7~ 90.00 1,177.82 1.15 17,993.55 100.OO Water and Sewer Guarantee Deposits Balance July l, 1975 Debit balance June 30, 1976 $3,420.00 1,524.37 Refunds July l, 1975 to June 30, 1976 Adjustment July l, 1975 to June 30, 1976: Water rates reported as water and sewer guarantee deposits 1,525.37 3,#20.O0 Cash balance December 31, 1976: Deposits Refunds $18,#51.21 4,079.77 $31,694.50 $31,69 .50 $35,756.32 $35,756.32 $$, 9j; ~ - 37 $22,530.98 WATER DEPAR~T Water and Sewer Guarantee Deposits (Cont.) Debit balance July l, 1976 Refunds July I to December 31, 1976 Adjustment July I to December 31, 1976: Refunds of water and sewer guarantee deposits reported as water construction and miscellaneous accounts receivable Balance December 31, 1976, per list 1,52#.37 1,377.58 1,177.82 18,451.21 GREATER LA~CE SANITARY DISTRICT Sewer Rates - Accounts Receivable Charges July l, 1975 to June 30, 1976 Payments to treasurer July l, 1975 to June 30, 1976 Outstanding June 30, 1976 $2,556.29 Outstanding July l, 1976 Charges July I to December 31, 1976 Audit adjustment December 31, 1976: Refunds of sewer rates accounts receivable reported as sewer construction and miscellaneous accounts receivable Payments to treasurer~July i to December 31, 1976 Audit adjustment December 31, 1976: Charges reported in error Outstanding December~31, 1976, per list 100,078.78 9.25 53,188.93 50.99 47,161.~6 $2,869.6~ $2,869.6~ $100,~01.38 $100,401-38 ..... ADDIE C. ARMITAGE CHARITY FUND In Custody of Town Treasurer Savin~s I On N_-~d Deposits July l, 1975 June 30, 1976 December 31, 1976 Income $9,315.8# 9,971.H5 10,673.19 Receipts Payments July 1, 1975 to June ~0,~ 1976 $655.61 Added to savings deposits Income July 1 to Decembe? ~1, 1976 $701.7HAdded to savings deposits On Hand JOSEPH M. AND SUSAN F. STONE CHARITY FUND In Custody of Towel Treasurer Savings Deposits July 1, 1975 June 30, 1976 December 31, 1976 Income $10,000. O0 10,000. O0 10,000. O0 Payments July 1, 1975 to June 50, 1976 $~01.76 Transferred to town July 1 to December 51, 1976 $26~.8H Transferred to town Total $9,~15.8~ 9,971.H5 10,673.19 $655.61 $701.7~ Total $10,000.00 10,000.00 10,000.00 Income $267'8~ On Hand July l, 1975 June 30, 1976 December 31, 1976 On Nand July l, 1975 June 30, 1976 December 31, 1976 TATLOR CEA~RITY FUND In Custod~ of Town Treasurer Savings Deposits $193.30 193.50 193.5o Receipts Payments .July 1, 1975 to June 30~ 1974 No transactions recorded .~uly 1 to December ~1,. 1976 No transactions recorded SARAN~AR~R SCHOOL FUND In Custody of Town ~easurer Savings Deposits 2,959.7~ Receipts Payments July 1., 1975 to June 30, 1976 No transactions recorded July 1 to December 3%, 1975 $~lO.&O Added to savings deposits Total $195.50 193.30 193.50 Total $2,$29.54 2,$29.~ 2,939.74 Income $510.40 MOSES TOWNE SCHOOL FLPND In Custod~ of Town Treasurer Savings I On Hand Deposits. July l, 1975 June 30, 1976 December 31, 1976 $6,718.55 7,276.81 7,589.63 Receipts Ps~ments InCome Jul~ 1, 1975 to June 30, 1976. $558.26 Added to savings depoSits Income Jul~ 1 to December 31, 1976_ .$313.8~ Added to savings deposits NE~MAN KOBE~ CEHET~Y PERPETUAL CARE FUND T~ Custod~ of Town Treasurer I Savings On Hand Deposits July 1, 1975 June 30, 1976 DeCember 31, 1976 $100.00 100.00 1OO.00 Receipts Payments Income Payable to the Ridgewood Cemetery Association Total $6,718.55 7,276.81 7,589.63 S,5,58.26 $313.82 Total $1oo.oo 100.00 100.00 KATE H. STEVENS OLD BURYING GROUND FUND On Nand In CUstody of Town Treasurer Savings Deposits July 1, 1975 June 50, 1976 December 51, 1976 Receipts $287.45 Payments Income July 1, 1975 to June 50, 1976 $18.59 Added to savings deposits Income July 1 to December 31, 1976.. $19.56 Added to savings deposits On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income STABILIZATION FUND .~n Custody of Town Treasurer Savings Deposits $18,956.55 20,969.47 22,191.78 Receipts Payments July 1, 197~ to June ~0, 1976 $2,033.14 Added to savings deposits July 1 to December 31, 1976 $1,222.51 Added to savings deposits Total $287.45 505.8~ $18.39 Total $18,956.55 20,969.47 22,191.78 $2,o55.14 Income $1,222.51 CONSERVATION FUND In Custody of Town Treasurer Savings I On }{and Deposits Total July l, 1975 $8,556.00 June 50, 1976 8,675.55 December 51, 1976 9,155.25 Receipt~, ~ayments July l, 1975 to. June 50,. 1976 Income $117.35 Added to savings deposits $8,556.00 8,675.55 9,155.25 $117.55 Income July 1 to December 51~ 1976 $#79.90 Added to savings deposits $479.90 On Hand GEORGE W. AND RUTH E. BERRIAN. MEMORIAL' FUND July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July 1, 1975 In Custody of Library Trustees Securities Cash ~ook Value $80.82 $1,~69.59 118.77 1,~69.59 557.65 1,217.17 Receipts ... Payments July l, 1975. to June 50, 1976 $82.80 80.82 Expenditures Cash on hand June 50, 1976 Sale of securities Income Cash on hand July l, 1976 July 1 to December 51~ 1976 $252.22 Loss on sale of 48.65 securities Cash on hand 118.77 December 51, 1976 $419.62 Total $1,550.21 1,588.16 1,574.82 $'?!.85 118.77 $165.62 $61.97 5~7.65 $419.62 On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July 1, 1975 ANNE BRADSTREET LI]RARY FUND In Custody. of Librar~ Trustees Cash $6o5.o8 69.55 ReCeipts Securities Book Value $1, ~69 · 59 1 ,~69.59 1,217.17 P~ents July 1, 1975 to June 50, 1976 $82.79Expenditures Cash on hand June 50, 1976 605.08 $685.87 Sale of Securities Income Cash on hand July 1, 1976 July 1 to December 31, 1976 $252.22 Loss om sale of securities ~8.65 Cash on hand December 51, 1976 69.55 On Hand CHARLES WHITNEY DAVID LIBRARY FUND In Custody of Library Trustees Cash Securities ~ook Value July 1, 1975 June 50, 1976 December 51, 1976 $75.o5 289.94 597.8~ $15,029.90 15,029.90 15,029.90 Receipts Payments July 1, 1975 to June 50, 1976 Income $718.75 Expenditures Cash on hand July l, 1975 545.05 Cash on hand June 50, 1976 July 1 to December 51, 197.6 Income $559.~OExpenditures Cash on hand July 1, 1976 289.94 Cash on hand December 51, 1976 $6~9.54 Total $2,072.47 1,558.9~ 1,525.62 $616.52 69-55 $685.87 $61.97 508.45 Total $15,574.95 15,519.8z~ 15,427.74' $775.86 289.9~ $251.5o $6~9.~ PNILLIPS LIBRARY FUND On Nand July 1, 1975 June 50, 1976 December 51, 1976 In Custody of Library Trustees Cash Securities ~ook Salue 195.95 677.04 Receipts $2,955.78 2,958.78 Payments July l, 1975 to June ~0, 1976 Income Cash on hand July 1, 1975 $550.81 Expenditures Cash on hand June 50, 1976 515.15 I $6~5.94 Total $5,251.91 5,152.71 5,111.59 $4~O.Ol 195.95 $6~5.94 I Jul~ 1 to December ~1, 1976 Sale of securities $50~.$5 Loss on sale of securities $125.95 Income 284.58 Expenditures 181.97 Cash on hand Cash on hand July l, 1976 195.95 December 51, 1976 677.04 $982.94 $982.9~. On Hand July l, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July 1, 1975 F~/~NY G. REYNOLDS LIBRARY FUND In Custod~ of Librar~ Trustees Securities ~ook Value Cash $885.~2 1,705-88 6,9~2.86 Receipts $57,575-25 57,575.25 31,125.60 Payments July l, 1975 to June 30~ 1976 $2,224.52 Expenditures Cash on hand 883.52 June 50, 1976 Total 591279.15 58;068.46 $1,~O5.96 1,705 - 88 Sale of securities Income Cash on hand July 1, 1976 July 1 to December 51, 1976 $6,~9.65 Loss on sale of securities 1,243.99 _Expenditures 1,703.88 Cash on hand Decmmber 51, 1976 $9,597.52 $1,58~.58 On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July l, 1975 Sale of securities Income Cash on hand July l, 1976 On Hand July l, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July 1, 1975 ABBOTT STEVENS LIBRARY FUND In Custody of Librar~ Trustees Cash $1,722.75 2,504.19 6,016.47 Receipts Payments ~uly l, 1975 to June 50, 1976 $1,576.27 Expenditures 1,722.75 $5,299.O2 Securities look Value $26,625.56 26,625.56 22,055.22 Cash on hand June 50, 1976 July 1 to December ]1, 1976 $4,570.14 Loss on sale of securities 881.47 Expenditures Cash on hand December 51, 2,504.19 1976 $7,755- 80 DATR STEVENS CHILDREN'S BOOK FUND In Custod~ of Librar~ Trustees Securities Cash Book Value $559.61 554.95 2,575.87 $14,695.91 14,695.91 12,171.75 Receipts Payments Jul~ lt. 1975 to June 50,. 1976 $828.25 Expenditures Cash on hand June 50, 1976 559.61 $1,187.85 Total $28,~%8.11 28,929.55 28,071.69 $99~.85 2,50~.19 $5,299.02 $1,122.81 616.52 6,016.47 $7,755.80 Total $15,o55.52 15,228.84 14,5~5.62 $652.91 554.95 $1,187.85 Sale of securities Income Cash on hand July 1, 1976 STEVENS CHIL~RRN'S BOOK FUND (CONT.) In Custody. of Librar~ Trustees (Cont.) July .1 to December. ~l, 1976.. · $2,522.16 Loss on sale of securities $619.66 ~86.~8 'Expenditures 550.0~ Cash on hand 57.95 December 51, 1976 2,575.87 $5,545.57 $5,545.57 On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July 1, 1975 ELIZABETH P. STEVENS FUND Custody of Librar~ Trustees Securities Cash ~ook Value $297.70 178.49 1,628.60 $11,755.12 11,755.12 9,757.~0 Receipts payments July .~, 1975 to. June ~0, 1976 $656.59 Expenditures Cash on ~and 297.70 June 50, 1976 $95~.29 Total $12,052.82 11,955.61 11,566.00 $775.80 178.49 $954.29 July 1 to December 51, 1976 Sale of securities Income Cash on hand July 1, 1976 $2,017.72 Loss on sale of 589.18 securities 178.49 Expenditures Cash on hand December 51, 1976 $2,585.59 $495.72 ~61.07 1,628.60 $2,585.59 On Hand July l, 1975 June 30, 1976 December 31, 1976 Income Cash on hand ~July l, 1975 NOSES T. STEVENS FUND In Custody of Librar~ Trustees Securities Cash ~ook Value 427.01 1,911.93 $10,650.15 10,650.15 8,822.08 Receipts Payments Jul,T l, 197~ ~o June 50, 1976 $630.51 Expenditures Cash on hand 19~.$3 June 30, 1976 Total $10,8~?!.57 11,077.15 10,735.01 $397-93 ~27.01 $82 .9 Jul~ I to December ~l, 1976' Sale of securities Income Cash on hand July l, 1976 $1,828.06 Loss on sale of securities 352.59Expenditures ~27.01 Cash on hand December 31, 1976 246.61 1,911.93 $2,607.66 $2,60~.66 NATHANIEL AND ELIZABETH P. STEVENS FUND On Hand Cash July 1, 1975 $5,~60.10 June 50, 1976 ~,225.~ December 51, 1976 8,816.55 Receipts .. Income Cash on hand July 1, 1975 In Custody of Librar~Trustees Securities Book Value $26,':'~9.05 26,'~'!9.05 21,909.15 Payments_ July 1, 1975 to June.'...~O, 1976 ... $2,119.96 5, ~60.10 Expenditures Cash on hand June 50, 1976 $5,580.06 62 Total $29,909.15 50,674.57 50,725.70 $1,55~.72 $,225.~ $5,580.06 Sale of Securities Income Cash on hand July 1, ~976 Jul~ 1 to December 51, 1976 $4,559.88 Loss on sale of securities$1,115.S8 1,592.59Expenditures 225.88 Cash on hand $,225.~ DeCember 51, 1976 8,816.55 $10,157.81 $10,157.81 On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July 1, 1975 Sale of securities Income Cash on hand July l, 1976 On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July l, 1975 Inc om e Cash on hand July l, 1976 MARY O. TY?.ER FUND In Custod~ of Librar~ Trustees Cash Securities hook Value $698.19 988.91 $15,512.68 15,512.68 11,027.61 Req.eipts Pa~rments July 1, 1975 to June 50, 1976 $788.15 698.19 Expenditures Cash on hand June 50, 1976 $1,~86.52 July 1 to December ~!,~ 1976.. $2,285.07 988.91 Loss on sale of securities Expenditures Cash on hand December 51, 1976 $5,714.72 Total $15,O10.87 14,501.59 15,872.66 $~97.~1 988.91 $1,~86.52 $561 508.26 2,8~5.05 $5,71~-72 SPECIAL GIFT FUND In Custody of Librar~ Trustees Cash $1,279.~O 1,450.50 1,566.52 Receipts Payments July 1, 197~ to. June ~O, 1976 $171.10 Cash on hand June 50, 1976 1,279.~O Total $1,279.~O 1,450.50 1,566.52 $1,450 · 50 July 1 to December 51, 1976 $116.02 Cash on hand December 51, 1976 $1,566.52 On Hand July 1, 1975 June 50, 1976 December 51, 1976 Income Cash on hand July l, 1975 I~c ome Cash on hand July l, 1976 COPIER FUND In Custody of Librar7 Trustees Cash 298.81 ~,045.~1 ~,~00.65 Receipts Payments July 1, 1975. to June ~0, 1976 $2,56~.95 5,298.81 $5,865.75 Expenditures Cash on hand June 50, 1976 July 1 to December }1, 1976 $1,040.50 $,045.$1 Expenditures Cash on hand DecemberS1, 1976 Total 298.81 $,045.$1 $,~O0.65 $1,818. ~4 $,045.$1 $5,865.75 $685.06 ~,Z~X).65 $5,085.71 $5,085.71 RECONCILIATION OF LIBRARY TRUSTEE'S CASH Cash balances December 31, 1976, per tables: George W. and Ruth E. Berrian Memorial Fund Anne Bradstreet Fund Charles Whitney Davis Fund Phillips Fund Fanny G. Reynolds Fund Abbott Stevens Fund Dale Stevens Children's Book Fund Elizabeth P. Stevens Fund Moses T. Stevens Fund Nath~iel and Elizabeth P. Stevens Fund Nary O. Tyler Fund Special Gift Fund Copier Fund $357.65 397.8~ 677.0~ 6,942.86 6,016.~7 2,373.87 1,628.60 1,911.93 8,816.55 2,8~5.05 1,566 · 52 4,z~00.65 Cash on hand December 31, 1976: Bay Bank - Merrimack Valley, N. A. Checking account Savings account $,727.50 33,515.98 Bay Bank - Merrimack Valley N. A. Balance December 31, 1976, per statement BalAnce December 31, 1976, per check book Outstanding checks December 31, 1976, per list $4,727.50 14.05 $ ,741.55 TOWN OF NORTH ANDOVER Balance Sheet - December ~l· 1976 GENERAL ACCOUNTS Cash: General Advances for Petty: Tax Collector Council on Aging School Library Water Accounts Receivable: Taxes: Levy of 1971: Personal Property Levy of 1972: Personal Property Real Estate Levy of 1975-1974: Personal Property Real Estate Levy of 1975: Personal Property Real Estate Levy of 1976: Personal Property Real Estate Levy of 1977: Personal Property Real Estate Assets $100.00 5o.o0 lO0.O0 50.O0 lO0.00 56.00 262.00 9.n 750.84 1,501.49 855.02 12,718.22 1,O77.87 59,557.05 264,924.61 5,259,556.89 $1,177,205.20 5,600,829.08 Liabilities and Reserves County Assessments 1977: Tax Payroll Deductions: Federal Taxes State Taxes County Retirement Blue Cross - Blue Shield Group Insurance Credit Union Christmas Club Accident Insurance 9,155.05 9,496.77 10,272.80 524.06 2,574.00 95.55 Overpayments- to be Refunded: Personal Property Taxes: Levy of 1970 Real Estate Taxes: Levy of 1972 17.25 58.56 Agency: State - Meals Tax Tailings: Unclaimed Checks Trust Fund Income: StQne Charity Fund Taylor Charity Fund 9,126-97 78.00 Investment Fund: To be Invested: Conservation Fund $176,605.92 62,875.56 55.81 90.96 585.70 9,20~. 97 42,565 · O0 Accounts Receivable: (Cont.) Motor Vehicle Excise: Levy of 1971 Levy of 1972 Levy of 1975 Levy of 197~ Levy of 1975 Levy of 1976 558.15 5,569.o5 12,171.99 11,255.9~ 26,678.57 5~,081.00 Special Assessments: Sewer: Unapportioned Added to Taxes: Levy of 1976 Levy of 1977 Water: Unapportioned Added to Taxes: Levy of 1976 Levy of 1977 Committed Interest: Levy of 1976 Levy of 1977 51,55o.98 60.00 265.50 7,520.00 75.oo 158.75 1~.~0 105.29 Tax Titles and PossessionS: Tax Titles 8,209.21 Tax Possessions 5,586.7~ Departmental: Sewer Veterans' Services School 7,757.24 12,$19.27 1,978.5~ Water: Liens Added to Taxes: Levy of 1975 Levy of 1976 Levy of 1977 Rates Construction and Miscellaneous 59.56 100.50 11,O~6.28 55,586.87 17,655.55 GENERAL ACCOUNTS (CONT.) 108,094 68 59,5o7.72 15,795.95 22,155.05 82,228.56 Federal Grants: Public Law ~81-874 Public Law~85-864 Public Law ~89-10 Public Law~89-S15 Public Law~95-580 Elementary and Secondary Education Act Revolving Funds: School Lunch School Athletics Off Duty Work Details Appropriation ]alances: Revenue: General Water Non-Revenue: Water 155,942.26 4,715.85 59.05 2,550.46 5,204.80 1,101.56 18,~01.69 8,595.56 1,975.28 4,848,055.82 220,465.50 149,575 - 74 28,770.55 57,255.01 5,105,772.55 629. O0 5,415.59 2~0.86 20.55 17.57 Loans Authorized and Unissued Overestimates 1977: State: Special Education Recreation Aress Regional Transit Authority Air Pollution Control District Ipswich River Watershed District Sale of Real Estate Receipts Reserved for Appropriations: State Aid to Libraries Reserve Fund - Overlay Surplus 100,000. O0 8,325.57 4,458.57 6,106.50 10,252.56 GENERAL ACCOUNTS (CONT.) Accounts Receivable: (Cont.) Greater Lawrence Sanitary District: Sewer Aid to Eighways: State Estimated Receipts - to be Collected Loans Authorized: School Land Unprovided For or Overdrawn Accounts: Levy of 1975 Levy of 1976 Levy of 1977 6~1.9~ 22.95 Due from Water Department: Guarantee Deposits 47,161.~6 35,388.59 1,427,287.21 100,000.00 5,549.86 4,079.77 Overlays Reserved for Abatements: Levy of 1972 271.11 Levy of 1973-1974 2,550.15 Revenue Reserved Until Collected: Motor Vehicle Excise Special Assessment Tax Title and Possession Departmental Water Greater Lawrence District Sewer Aid to Highway 108,094.68 59,507.72 15,795.95 22,155.05 82,228.56 47,161.46 Reserve for Petty Cash Advances Surplus~.Revenue $6,665,482.95 2,821.26 5~8,~51.81 400.00 607,092.5~ $6,665,~82.95 Apportioned Assessments Not Due: Sewer $59,182.93 Street 555.25 Water 28,097.96 Suspended Assessments: Water DEFERRED REVENUE ACCOUNTS $67,636.14 9,6~8.00 $77,28~. 14 AppOrtioned Sewer Assessment Revenue: DUe in 1977 to 1985, Inclusive $39,152.93 Apportioned Street Assessment Revenue: Due in 1977 555.25 Apportioned Water Assessment Revenue: DUe in 1977 to 1995, Inclusive 28,097.96 Suspended Water Revenue $67,656 · 14 9,6~8.00 $77,28~.14 Net Funded or Fixed Debt: Inside Debt D~mit: General Outside Debt Limit: General $6, OlO, 000. O0 Public Service Ent erpris e 40~, ~00. O0 DEBT ACCOUNTS $6'~':, 000. O0 6,41~,Z~00.00 Serial Loans: Inside Debt Limit: Police Fire Sewer Land Acquisition Town Garage School Outside Debt Limit: General: School Public Service Enterprise: W&ter $7,058~00.00 $17,000.00 80,000.00 117,000.00 80,000.00 550,000.00 20,000.00 6,O10,000.00 ~40~,~.00 $6'~'~, 000. O0 6, ~1~; ~00. O0 $7 ,058 ,~00.00 Cash: In Banks Invested in: Certificates of Deposit Transfers from Public Law ~92-512 Authorized FEDERAL REVENUE SHARING FUNDS - PUBLIC LAW $122,8~$.72 200,000.00 $322,87.72 Revenue Sharing Funds - Public Law ~92-512 Appropriations from ~92-512: Authorized: Police Salaries $125,000.00 Fire Salaries 175,000.00 300,000.00 $622,83~.72 $322,8~5.72 300,000.00 $622,835.72 Cash: Invested in: Certificates of deposit FEDERAL A~,,.TI-RECESSION FUNDS - PUBLIC LAW $29,~5.00 Anti-RecessionFunds, Public Law~-369 $29,~5.00 TRUST AND INVESTMENT ACCOUNTS Trust and Investment Funds: Cash and Securities: In Custody of Treasurer In Custody of Library Trustees $65,166.27 174,990.88 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 Kobec Perpetual Care Kate H, Stevens Old Burying Grounds Investment Funds: Stabilization Conservation $10,675.19 10,OO0.O0 195.50 2,959.74 7,589.65 lO0.O0 525. O 22,191.78 9,155.25 $258,157-15 In Custody of Library Trustees: Library Funds: George W. and Ruth E. Berrian Memorial Anne Bradstreet Charles Whitney Davis Phillips Fannie G. Re~nolds Abbott Stevens Dale Stevens Children's Book Elizabeth P. Stevens Moses T. Stevens Nathaniel and Elizabeth P, Stevens Mary O. Tyler Special Gifts Copier 1,574.82 1,525.62 15,427.74 5,111.59 58,068.~6 28,071.69 14,5~5.62 11,566.00 10,754.01 50,725.70 13,872.66 1,566.52 $65,166.27 174,990.88 $258,157.15