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The accounting of the cumulative reserve fund for equipment purchase shall separately show and identify the department, office or fund, including the equipment rental fund, for which funds are received and accumulated in the fund for the purpose herein stated, in order that the various departments, offices and funds of the City may make use of and separately accumulate reserve funds for equipment purchase within one cumulative reserve fund. The moneys in the cumulative reserve fund may be expended only for the purposes stated in Section 3.24.020 and for no other purpose unless there be an approving vote by a majority of the electors of the City at a general or special election voting on a proposal submitted to the electors to allow other specified uses to be made of the fund. (Ord. 399 § 4, 1966).