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Wisconsin Question 1, Local Debt Limit Amendment (1874)
| Wisconsin Question 1 | |
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| Election date |
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| Topic State and local government budgets, spending, and finance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Wisconsin Question 1 was on the ballot as a legislatively referred constitutional amendment in Wisconsin on November 3, 1874. It was approved.
A "yes" vote supported amending the constitution to limit the debt of counties, cities, towns, villages, and other municipalities to 5 percent of taxable property value. |
A "no" vote opposed amending the constitution to limit the debt of counties, cities, towns, villages, and other municipalities to 5 percent of taxable property value. |
Election results
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Wisconsin Question 1 |
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| Result | Votes | Percentage | ||
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66,061 | 97.77% | ||
| No | 1,509 | 2.23% | ||
Text of measure
Ballot title
The ballot title for Question 1 was as follows:
| “ | For amending the constitution limiting bonded indebtedness by counties, towns, cities and villages to five per cent Against amending the constitution limiting bonded indebtedness by counties, towns, cities and villages to five per cent | ” |
Constitutional changes
Note: Hover over the text and scroll to see the full text.
SECTION 3. It shall be the duty of the Legislature, and they are hereby empowered to provide for the organization of cities and incorporated villages, and to restrict their power of taxation, assessment, borrowing money, contracting debts, and loaning their credit, so as to prevent abuses in assessments and taxation, and in contracting debts by such municipal corporations. No county, city, town, village, school district, or other municipal corporation, shall be allowed to become indebted in any manner or for any purpose, to any amount, including existing indebtedness, in the aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained by the last assessment for state and county taxes, previous to the incurring of such indebtedness. Any county, city, town, village, school district, or other municipal corporation, incurring any indebtedness as aforesaid, shall, before or at the time of doing so, provide for the collection of a direct annual tax sufficient to pay the interest on said debt as it falls due, and also to pay and discharge the principal thereof within twenty years from the time of contracting the same.[1]
Path to the ballot
- See also: Amending the Wisconsin Constitution
A simple majority vote is required during two legislative sessions for the Wisconsin State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 50 votes in the Wisconsin State Assembly and 17 votes in the Wisconsin State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
See also
Footnotes
- ↑ Note: This text is quoted verbatim from the original source.
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