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ANNUAL REPORT OF THE SELECTMEN.
<br />Although the experience of the financial year just
<br />closed has in very many respects repeated the
<br />history of the past, yet we can congratulate our-
<br />selves and you upon the favorable condition of your
<br />municipal affairs.
<br />To only a few of the many matters with which the
<br />Selectmen have to deal, can a report of this kind
<br />make allusion; to do more would answer no useful
<br />end, and would to a certain extent be supplemented
<br />by heads of other departments. So that, for special
<br />information, reference must be had to such reports as
<br />can be found hereinafter inserted in their proper
<br />places.
<br />One of the principal subjects that interests all our
<br />citizens, and especially the tax -payers, is our finan-
<br />cial condition.
<br />Before proceeding to allude to some other matters
<br />to which your attention is requested, we submit the
<br />following statement:
<br />The amount received by the Treasurer, including
<br />appropriations, was $53,573.21.
<br />The amount expended, was $47,897.28.
<br />Amount of Cash on hand, $5,675.93.
<br />Amount of uncollected Taxes, $3,716.81.
<br />Amount of Cash and uncollected Taxes, $9,392.74.
<br />Of the amount in the Treasury, $3,693.29 is bal-
<br />ances unexpended from appropriations, and by a
<br />vote of the town, these are to be carried forward and
<br />used in their respective grants. Deducting these
<br />balances from the amount in the treasury and the
<br />uncollected taxes, there remains the sum of $5,699.45,
<br />subject to the disposal of the town.
<br />The debt of the town, January 31; 1876, was
<br />$64,800.
<br />The debt of the town, January 31,1884, was $40,-
<br />650, showing a yearly reduction of more than $3,000.
<br />Although the present debt is 840,650, of this
<br />amount $15,650 we virtually owe to ourselves; that.
<br />is, when the notes comprising this amount become
<br />due, we simply renew them. This $15,650 is com-
<br />posed of the Cary Library Funds $11,000, Cemetery
<br />Funds $2,150, Bridge Fund 2,000, and the Gamme] 1
<br />Legacy $500. The remainder of the debt, $25,000,
<br />is due the State, and is not payable until 1890.
<br />With the sum of $5,699.45 now on hand, besides
<br />the balances to be carried forward, the question very
<br />naturally presents itself to every thoughtful citizen,
<br />and especially to those who furnish by their taxes
<br />the means to defray the town's expenses, How can
<br />this amount be used to the best advantage? This
<br />question we trust will be so fully considered, that at
<br />the March meeting a judicious plan for its disposal
<br />may be adopted.
<br />At the April meeting, a Board of Health was
<br />chosen, who have relieved the Selectmen of a portion
<br />of their labor. Their report is presented in its
<br />proper place.
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