Proposition Summary
Senate Constitutional Amendment 24. Amends Constitution, Article IV, section 31. Limits power of city treasurer to make temporary transfer of funds necessary to meet obligations of city or city and county incurred for maintenance by authorizing such transfer only from funds in his custody other than those designated for payment of principal and interest on indebtedness incurred by or on behalf of any municipally owned or operated public utility.
Proposition Number
15
Year
1940
Document Type
Proposition
Pass/Fail
Fail
Popular Vote Results
Y: 709385; A: 37.9; N: 1153446; B: 62.1
Election Type
General Election
Proposition Type
Senate Constitutional Amendment
For Author
Roy J. Nielsen, Senator, Nineteenth District, Sacramento County.
Recommended Citation
TRANSFER OF FUNDS BY CITY TREASURER California Proposition 15 (1940).
https://repository.uclawsf.edu/ca_ballot_props/415