kept. The rainfall during the past year on the Sudbury watershed was 44.38 inches, or 1.61 inches below the average. On the Wachusett watershed the total rainfall was 45.74 inches, or 3.25 inches below the average. On both of the watersheds the yield during the early part of the year was far below the average, and was the lowest or nearly the lowest recorded. During the last four months of the year, however, the rainfall and yield were unusually large, so that the yield for the entire year of both the Sudbury and Wachusett watersheds was but little below the average. All the cities and towns constituting the Metropolitan Water District have been supplied with water, except the city of Newton and the town of Hyde Park, whose sources of supply are still adequate for their purposes. Water was furnished by special agreement to the town of Swampscott, which is without the limits of the District; and to a small part of the town of Saugus, which is directly supplied by special arrangement by the town of Revere; and 50,000 gallons daily were supplied to the United States Government reservation on Peddock's Island, in accordance with arrangements made with the Government. The total quantity of water supplied by the Metropolitan Water Works to the various cities and towns, including the small quantity yielded by the Spot Pond watershed, as determined at the pumping stations and by the flow through the Weston Aqueduct, was 45,650,960,000 gallons. The average quantity daily supplied was 125,071,000 gallons, which is an increase in the daily supply of 6,251,000 gallons. The increase in population of the territory supplied with water over that of last year is estimated at 19,690, the estimated population as of July 1, 1907, being 933,400. The daily average quantity of water measured by the Venturi meters as delivered to the various municipalities is, owing to leakage from reservoirs and pipe lines, as well as in a small degree to the use of water at the pumping stations, 885,900 gallons less than the daily average amount above given. The city of Newton and the town of Hyde Park supplied from their own sources to their respective inhabitants a total of 1,273,639,347 gallons, being a daily average of 65.5 gallons per inhabitant. By chapter 235 of the Acts of the year 1906, the Board was required on or before the third Wednesday in January of each year to report to the General Court an abstract of its receipts, expenditures, disbursements, assets and liabilities for the previous fiscal year (which, by the provisions of chapter 211 of the Acts of the year 1905, is the year beginning with the first day of December and ending with the thirtieth day of November), together with all recommendations for legislation which it should deem desirable; and the Board was also required by the Act of 1906 to present in the month of February a more detailed statement of its doings for the calendar year next preceding, which detailed statement should be printed as its annual report for the year. The financial abstract for the fiscal year ending with the thirtieth day of November, 1907, was accordingly presented to the General Court in January, and a copy of this financial abstract is in part printed as Appendix No. 5. The following statement of its financial doings, in relation to the Metropolitan Water Works, for the calendar year 1907, is herewith presented, in accordance with the provisions of the Act of 1906, as a part of the annual report of the Board. The Metropolitan Water Loans authorized for the construction and acquisition of works have amounted to $40,500,000. To this sum are added the proceeds from the sale of certain property by the Board, and these amounted on January 1, 1908, to $158,408.11. The total amount, therefore, which the Board has been authorized to expend is $40,658,408.11. The amount of expenditures approved by the Board for payment out of the Metropolitan Water Loan Fund was, for the year 1907, $188,631.02, and the total amount so approved for payment since the beginning of the work up to January 1, 1908, has been $40,467,508.04. There was accordingly a balance remaining at the beginning of the year 1908 amounting to $190,900.07. The Treasurer of the Commonwealth has issued from time to time, on the request of the Board, bonds to the amount of $40,500,000. These bonds were issued for terms of 392 and 40 years from the date of issue, and bear interest at the rate of 3 per cent. and 32 per cent. per annum. The sinking fund established for the payment of the bonds at maturity amounted on January 1, 1908, to $5,643,575.69. The amount approved by the Board for the maintenance and operation of the Water Works for the year 1907, which was paid out of the annual assessments, was $373,334.07. The assessments for the year 1907, for the payment of interest on the bonds, for the sinking fund requirements, and for the expenses of operation and maintenance of the Water Works, which were levied upon the various cities and towns in the Metropolitan District, amounted to $2,195,406.71. The detailed financial statement regarding the Metropolitan Water Works is as follows: : (1) METROPOLITAN WATER LOANS, RECEIPTS AND PAYMENTS. The loans for the construction and acquisition of the Metropolitan Water Works, the receipts which are added to the proceeds of these loans, the expenditures for the construction and acquisition of works, and the balance available on January 1, 1908, have been as follows: Loan under chapter 488 of the Acts of 1895, Proceeds from the sales of property applicable to the construction and acquisition of works (of which $10,046.70 is for the year 1907), $27,000,000 00 13,000,000 00 500,000 00 $40,500,000 00 158,408 11 $40,658,408 11 Amount approved by the Metropolitan Water and Sewerage Board for payments to December 31, 1907 (of which $188,631.02 is for the year 1907), 40,467,508 04 Balance January 1, 1908, $190,900 07 (2) ISSUES OF METROPOLITAN WATER LOAN BONDS. The Treasurer of the Commonwealth, under the authority given him to issue from time to time, on the request of the Board, negotiable bonds to an amount not exceeding $40,500,000, to be designated the "Metropolitan Water Loan,' Metropolitan Water Loan," has sold bonds as follows: 1 Including $18,673.60 from readjustment of rate made by the Treasurer in 1897. 2 Not issued or delivered until 1907. (3) METROPOLITAN WATER LOAN SINKING FUND. The sinking fund established by the Treasurer of the Commonwealth has amounted at the end of each year to sums as follows: (4) ANNUAL ASSESSMENTS AND RECEIPTS. Assessments for the year, amounting to $2,195,406.71, were required for the payment of the interest on the bonds issued by the Commonwealth, the sinking fund requirements, and the expenses of operation and maintenance of the Water Works. The requirements were: for interest, $1,281,908.77; for the sinking fund, $523,697.26; and for maintenance and operation, $389,800.68. Thesc assessments were made by the Treasurer of the Commonwealth upon the various municipalities as follows: The comparatively smaller sums assessed upon the city of Newton and the town of Hyde Park were owing to the fact that neither of these municipalities had reached the safe capacity of its own sources of water supply, and neither had been furnished with water. The proceeds from the operations of the Board, exclusive of the proceeds from sales of property and of water, are, in accordance with the provisions of the Statutes, applied to the reduction of the assessment, and these, for the year 1907, amounted to $7,148.55. The actual expenditures for the maintenance and operation of the Metropolitan Water Works were, for the year 1907, $373,334.07. (5) SUPPLYING WATER TO CITIES AND TOWNS OUTSIDE OF DISTRICT AND TO WATER COMPANIES. Sums have been received during the year 1907, under the provisions of the Metropolitan Water Act, for water furnished, as follows: |