Annual Reports Of The Town Ofcers Of Hamilton Mass With Reports Of The School Committee And Trustees Of The Public Library For The Year Ending December 31 1940

Excerpt from Annual Reports of the Town Officers of Hamilton, Mass., With Reports of the School Committee and Trustees of the Public Library, for the Year Ending December 31, 1940: Together With the Recommendations of the Finance and Advisory Committee I submit, herewith, my report on the financial condition of the town on December 31, 1940, and a report of the financial trans actions of the town for the year 1940. These are set forth in the usual schedules. There is also presented a balance sheet showing the Assets and Liabilities at the close of the fiscal year. Our Surplus Revenue increased almost since the last Annual Town Meeting. The average cash balance during the year was and the present cash balance is Anticipation loans amounted to during 1940 and I should like to call attention to the fact that we borrowed this amount at the low interest rate of 06' discount plus a premium of or a cost of for 302 days. Anticipated revenue exceeded the estimate by motor vehicle excise and water receipts showing the largest increases. Our tax collections averaged about the same as in the past two or three years and we are 83 per cent collected as of December 31, with no prior year's taxes outstanding. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.