Title
TRANSFER OF FUNDS
Proposition Summary
Senate Constitutional Amendment 20. Amends Section 31 of Article IV of Constitution. Adds proviso requiring city or county treasurer, having custody of funds of political subdivision payable solely through his office, to' make, on or before last Monday in April in each current fiscal year, temporary transfers therefrom, not exceeding eighty-five per cent of taxes accruing to such subdivision, to meet obligations incurred by such subdivision for maintenance purposes, and to replace same from such taxes before meeting other obligations therefrom.
Proposition Number
5
Year
1924
Document Type
Proposition
Pass/Fail
Fail
Popular Vote Results
Y: 264464; A: 31.9; N: 564252; B: 68.1
Election Type
General Election
Proposition Type
Senate Constitutional Amendment
For Author
Herbert W. Slater, State Senator Eighth District; L. L. Dennett, State Senator Twelfth District
Recommended Citation
TRANSFER OF FUNDS California Proposition 5 (1924).
https://repository.uclawsf.edu/ca_ballot_props/186