Thus saith the Lord, I am well pleased with the records which are kept of the receipts and disbursements of the tithing and fast and freewill offerings and properties of my church. And I say unto you, that the time is now in accord with my word given to my servant Joseph Smith, Jr., in 1838, when the tithing and other funds and the properties of my church shall be disposed of and appropriated for the work of the ministry, and the building up and beautifying and the lengthening and strengthening of the stakes of Zion.
The presidency of my church, the council of the twelve–and not at any time less than a
majority–shall be a quorum and the presiding bishopric of my church shall be a council for this purpose. And they shall be agreed in their decisions, and shall hearken unto my voice in all things.
And the duties of the presiding bishopric, shall be in accordance with the promptings of my Spirit, and subject to the presidency of the church.
This above statement, or revelation, in the handwriting of President Joseph F. Smith was found in his pocket at the time of his death. The original copy was placed in the hands of President Heber J. Grant by Elder Joseph Fielding Smith.
Source: Minutes of the Apostles of the Church of Jesus Christ of Latter-day Saints, 1910-1951, 1 November 1918, pg. 246