Alabama Municipal Funding, Amendment 1 (1932)

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The Alabama Municipal Funding, Amendment 1, also known as Amendment 1, was on the ballot in Alabama on November 8, 1932, as a legislatively referred constitutional amendment. It was defeated. The amendment proposed to amend the constitution. The amendment proposed that the city of Sylacuaga would be permitted to become indebted in an amount, including present indebtedness, not exceeding five percent of the assessed value of the property within the city. Not included in the limitation of indebtedness: temporary loans made based on forthcoming taxes, to be paid within a year and not exceeding one-fourth of the general revenue of preexisting indebtedness; and the acquisition, provision, enlargement, improvement or the construction of school houses, sewers, water works, electric light, gas, sewage disposal plants, sidewalk improvements.

Election results

Alabama Amendment 1 (1932)
Result		Votes	Percentage
d No		120,112	68.20%
Yes		55,993	31.80%

Election results via: Alabama Official and Statistical Register, 1935

See also

Suggest a link

• Alabama 1932 ballot measures
• 1932 ballot measures
• List of Alabama ballot measures
• History of Initiative & Referendum in Alabama

External links

• Alabama Official and Statistical Register, 1935