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LWV League of Women Voters of California Education Fund
Smart Voter
San Francisco County, CA March 2, 2004 Election
Measure A
Tax-deferred Transfer of Accrued Vacation and Sick Leave to Employees
City of San Francisco
Charter Amendment - Majority Approval Required

107,690 / 62.38% Yes votes ...... 64,943 / 37.62% No votes

See Also: Index of all Measures
Information shown below: Summary | Yes/No Meaning |

Shall City employees who receive a cash payment for unused vacation time and sick leave be permitted to defer this payment and defer state and federal taxes on this payment?

Summary:
Measure A is a Charter amendment that would authorize the Board of Supervisors, by a three-fourths vote of its members, to create deferred taxation plans. City employees who receive a one-time cash payment for the benefits they earned but did not use could deposit it into the plan. The employees would not pay state and federal taxes on the payment until they withdrew money from the plan.

Meaning of Voting Yes/No
A YES vote of this measure means:
If you vote "yes," you want to authorize the Board of Supervisors to create tax deferment plans for individuals who leave City employment.

A NO vote of this measure means:
If you vote "no," you do not want to authorize the Board of Supervisors to create these plans.

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Created: May 4, 2004 14:45 PDT
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