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2009 Annual Report.pdf - Town of Milton

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REPORT OF THE LIBRARY TREASURER<br />

To the Honorable Board <strong>of</strong> Selectmen: June 30, <strong>2009</strong><br />

ANNUAL STATEMENT AS OF JUNE 30, <strong>2009</strong><br />

The funds in the care <strong>of</strong> the Trustees <strong>of</strong> the <strong>Milton</strong> Public Library were invested as<br />

summarized in the following tables as <strong>of</strong> the close <strong>of</strong> the fiscal year, June 30, <strong>2009</strong>.<br />

General Fund <strong>of</strong> the Trustees<br />

<strong>2009</strong> $179,119.35 Interest $0.00 $11,000.00 withdrawn<br />

2008 $188,013.61<br />

These investments represent funds provided by the following donors: Margaret<br />

Blair, Ellen Charming, Augusta Phillips Gardner Churchill, Aimee Draper,<br />

Miriam S. Draper, Rose Dabney Forbes, an anonymous gift in memory <strong>of</strong><br />

Waldo Emerson Forbes, Amor Hollingsworth, Marion Davis Hollingsworth,<br />

Albert J. Johnson, the family <strong>of</strong> Edward Crosby Johnson II, Henry Parsons Kidder,<br />

Eleanor Pope Martin, Harriet B. Mears, the <strong>Milton</strong> Woman’s Club, Anthony<br />

M. Sammarco, Florence I. Tucker, Sarah Vose, Mrs. Joseph Cutler<br />

Whitney, J. Huntington Wolcott, Roger Wolcott, and the sale <strong>of</strong> the Albert Bierstadt<br />

painting, which was donated by Mrs. Dana.<br />

<strong>Milton</strong> Public Library Building Expansion Fund<br />

<strong>2009</strong> $206,820.84 Interest $0.00 $0.00 withdrawn<br />

2008 $204,483.75<br />

This fund was established by an anonymous donor to provide construction<br />

capital for future renovation and expansion <strong>of</strong> the main library facility.<br />

A detailed list <strong>of</strong> investments held by the Trustees <strong>of</strong> the <strong>Milton</strong> Public Library<br />

for the benefit <strong>of</strong> the library is as follows:<br />

Cash & Money Funds $385,940.19<br />

Bonds Market Value $0.00<br />

Julia D. Stackpole Memorial Fund<br />

<strong>2009</strong> $17,217.60 Interest $400.00 $ 0.00 withdrawn<br />

2008 $16,210.43<br />

This fund was established through donations received from members <strong>of</strong> the<br />

Stackpole family and colleagues and friends in memory <strong>of</strong> Miss Julia Stackpole,<br />

a former MPL librarian, for annual scholarships for library pages.<br />

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