Page 292 - Middleborough 2024 Town Report

2024 REPORT OF THE TRUSTEES
THOMAS S. PEIRCE TRUST FUND
2022 PAYMENTS AND COMMITMENTS TO THE
TOWN OF MIDDLEBOROUGH
PAID FUNDS
Economic Devel. Historic Bldg. Survey Library Security Cameras $ 8,000.00
Park Dept. Capital Improvements Fire Dept. UTV 6x6 Rescue Vehicle High School Guest Speaker Library Unrestricted $ 10,000.00
Police Dept. Ballistic Vests Fire Dept. Dispatch Center Upgrade Park Dept. Capital Equipment Improvements Police Dept. Earpiece Communications School Sept. School Street Paving Fire Dept. Command Vehicle $ 20,000.00
$ 50,000.00
$ 35,000.00
$ 4,000.00
$ 12,559.00
$ 34,000.00
$ 136,905.00
$ 5,639.63
$ 25,000.00
$ 86,000.00
Library Capital Projects $ 83,000.00
COMMITMENTS
None
FUNDS HELD IN TRUST FOR THE BENEFIT
OF THE MIDDLEBOROUGH PUBLIC LIBRARY
PRINCIPAL ACCOUNT
Stocks and Bonds at Market Value 12/31/2021 Increase/Decrease in Value $ 172,284.10
Stocks and Bonds at Market Value: 12/31/22 $ Cash on Hand: 12/31/22 $ 847,138.15
1,019,422.25
$ 28,153.43
___________
Total Value: 12/31/22 $ 1,047,575.68
INCOME ACCOUNT
Dividends $ 15,908.79
Interest $ 0.00
___________
Total Income $ 15,908.79
EXPENSES
Payment to Public Library Book Fund $ 40,000.00
Taxes and Filing Fees $ 1,618.92
Advisory Fees $ 5,405.83
Other Expenses $ 185.00
___________
Total Expenses $ 47,209.75
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